The Research On Professional Judgment Of Accounting

With the acceleration of economy of integration and market of competition, the accounting environment what the enterprise faces is more complex and indefinite. In order to adapt the environment situation, our Country Ministry of Finance has issued new enterprise criterion system composed by 39 item accountant criterion and application guide in February 2006.The new accounting criterion taken the principle as the guidance, has increased the biological property, the property depreciation, the staff salary, the stock payment, the confirmation and measurement of the financial tool, the government subsidy and so on, and has filled original accountant standards'blank,so,it belongs to high-quality accounting standards. Though, high-quality accounting standards don't necessarily produce high quality financial information, accounting standards rely on a good enforcement mechanism. The accounting professional judgment is the key to the effective operation of accounting standards system; combined with transition in principle-based accounting; fully enlarge the utilization of accounting professional judgment, which is the "the double-edged sword". It will improve the accounting information quality if the accounting professional judgment is appropriately utilized, otherwise, it will reduce the accounting information quality.However, the level of accounting professional judgment is not high in our country, most accountants are still lacking in consciousness of professional judgment, accustoming to working according to ready-made rule by rote. Even professional judgment of accounting was often abused by accountants, at the same time the financial situation and management performance were twisted. The accounting information quality has not been significantly increased with the revision of accounting standards. Taking into accounting information quality caused by inappropriate utilization of accounting professional judgment is not high in China, how to improve the quality of accounting information in perspective of the accounting professional judgment has important practical significance.In this paper, the accounting professional judgment is the main research object, close contact with our accounting application status. The article has analyzed influential factors on the problem caused by inappropriate utilization of accounting professional judgment in China, and proposed the evaluation criteria on how to weigh the appropriate utilization of accounting professional judgment and proposed the measures to guarantee the appropriate utilization of accounting professional judgment. So the accounting information quality will be enhanced.