Mandatory Accounting Changes In China

Mandatory Accounting Changes refers to that the rule-makers of the accounting standards require the companies to change their accounting policies according to the law or administrative instructions,regardless of the companies' wishes.In recent years,more and more Chinese researchers pay attention to Mandatory Accounting Changes,which is an important aspect of Accounting Policies Research.In particular, Chinese government promulgated new Accounting Standards in 2006.It changes some accounting policies of economic transactions and matters,what will cause the Listed Companies to change their accounting policies over a considerable extend. This event provides an opportunity to researchers to investigate Mandatory Accounting Changes in China.Mainly using the normative study method and assisting with some positive study method,this paper investigates the Mandatory Accounting Changes in China by systematic theory research and positive investigation;it expects to reveal the cause of Mandatory Accounting Changes in China,and the economic consequences of it.The paper intends to give some advice to the supervisors in making accounting policies and consummating the accounting disclosure system.Following is the description of the paper.Chapter 1:Introduction.This chapter describes the motive for selecting the research topic,research methodology,structural arrangement and major contribution.Chapter 2:The Basal Research about Mandatory Accounting Changes.This chapter investigates basal concepts of mandatory accounting changes,including the concepts of accounting policies and mandatory accounting changes,laying the foundation for the research and analysis of full text.Chapter 3:Overview of Literatures on Mandatory Accounting Changes.This chapter elaborates the research of Mandatory Accounting Changes abroad in three aspects:market's reaction research,contractual theory research,companies' response research.Then,it discusses the Chinese research in normative and positive respectively.Chapter 4:History of Mandatory Accounting Changes in China.This chapter reviews the history and characteristics of Mandatory Accounting Changes in china since 1985 and analyses the accounting changes resulting from the promulgation of new Accounting Standards in 2006.Chapter 5:Cause of Mandatory Accounting Changes in China.This chapter discusses the cause of Chinese Mandatory Accounting Changes in theoretical and practical aspects and states that Chinese Mandatory Accounting Changes is inevitable.Chapter 6:Economic Consequences of Mandatory Accounting Changes in China. This chapter investigates the response by Listed Companies to face the new Accounting Standards,trying to illustrate the economic consequences of mandatory accounting changes.Then this chapter sums up the companies' response and provides constructive comments to the supervisors.