Research On The Evaluation Index System Of Accounting Information's Disclosure Quality In Listed Companies

With the development of the amount of listed companies, capital markets, which to be the major way to financing to the listed companies. Information, particularly accounting information is the basis for capital market. Information disclosure can reduce the degree of information asymmetry in the capital market, it helps to protect the interests of stakeholders, quality of information disclosure is to ensure the healthy development of capital markets. However, a series of exposed financial report frauds in recent years led to the crisis of confidence for the quality of information disclosure of listed companies, which brings great effects to the capital market. Not only destroy the effectiveness of resources allocation, but also undermine the confidence of information users in capital markets. How to evaluate the quality of accounting information disclosure of listed companies, help the users really distinguish the quality of accounting information disclosure, and standardize information disclosure act of listed companies has become the focus of attention of all Parties.Nowadays, the evaluation of Accounting Information's Disclosure Quality of listed companies in China is still at the exploratory stage. The problem of how to evaluate the quality has not yet been a unified understanding. In recent years, these are a series of useful academic research and exploration, but most studies were limited to theoretical research, empirical studies were relatively small, operable greatly reduced. The aim of this paper is to study the evaluation indexes system of accounting information's disclosure quality form the angle of improving operable.The paper is made up of the following five parts:The first part is the introduction, including the background of topics, research significance, the literature review both at home and abroad, train of thought and research methods, innovation and features.The second part mainly introduced the theoretical analysis of the evaluation standards. From the beginning, it defines the related concepts about the accounting information's disclosure quality, clearly scope of the study, and then discusses the quality standards of evaluating accounting information disclosure in our listed companies on the bases of introducing and analyzing the domestic and oversea standards of accounting information quality.The third part is about how to structure the evaluation index system of the accounting information disclosure. It divides the quality standard of the accounting information disclosure into different evaluation elements by analyzing the domestic and oversea index system for reference. Then this article designs an indexes system of accounting information's disclosure quality to identify the different disclosure quality of various companies. The system consists of 58 indicators. They can be divided into 6 groups:including reliability, relevance, adequacy, comparability, timely, convenience.The Fourth part is empirical study about the evaluation index system. According to the system of indexes established above, Our Chinese listed on the Shenzhen power companies'Annual Reports of 2008 in Anhui are chosen as the samples. We evaluate and mark the sample firms'disclosure quality.The fifth part summarizes the research above, analyses the limitation of the article and prospects the further study of the quality of accounting information disclosure.The characteristics and innovation of this paper is that, the paper rebuilds up the quality standards of evaluating accounting information disclosure that based on a combination of the view of the FASB and the SEC; Based on domestic and oversea evaluation index system, and integrating with the actual situation of our country, this article designs an indexes system of accounting information's disclosure quality. Then we evaluate and mark the sample firms'disclosure quality.