The Impact Of The Reform Of Accounting Standards On Accounting Information Quality

Since the reform and opening up, the accounting standards of China has undergone continuous reform, which was turned out effective. It is one of our goals to improve the quality of accounting information by reforming the accounting standards. Can the accounting standards reforms improve the quality of accounting information? The article started to explore this. First of all, the article obtained that the most important features of accounting information quality are the reliability and the relevance by theoretical analysis; Secondly, through analyzing the various accounting standards which gradually released after the reform and opening up, we concluded that the reform of accounting standards can improve the quality of accounting information; And then to explore the theoretical conclusions reached above by using empirical methods, that based on the date of the listed company from 1998 to 2008, used the regression analysis to discuss the related between accounting profit and cash profit in order to achieve the purpose of verification; Finally, the paper also hopes to find some improvements based on this approach, in order to promote the further improvement of the quality of accounting information.