Distortion Of Accounting Information Of Listed Companies In China

Accounting is a to provide financial information on financial information system, accounting information provided is the national economic management department of internal management and business interests of creditors, investors and other relevant parties to economic decision-making of important, therefore, accounting information about the quality of accounting information for users is particularly important, it directly influences the result of the relevant decisions. Accounting information content is true and accurate and reliable figures, only to enterprise management and decision-making levels, but to countries to the economic leadership; it is not merely an accounting information by the general requirements of objectivity and accounting a basic principle and important.Listed companies is the cornerstone of the stock market, the listed company operating condition of determines the development of the stock market prospects. as listed companies operating condition and operation achievements of accounting information has the coordination of profit distribution function, profit distribution, and wealth of information, is based in market economy compensation plan to include management personnel, the contract is one of the important basis.If the distortion of accounting information listed companies is to stakeholders, it will lead to make the wrong decision makers and suffered huge economic losses, The distortion of accounting information listed companies will seriously misleads securities investors, destroy the market rules of the game, the market speculation and market fluctuation, On the whole social economy, optimize the allocation of resources, unfavorable impact the economy healthy and rapid development. Listed companies in the economic life plays a very important position, So the listed company of accounting information distortion negative influence is bigger.How to effectively control the distortion of accounting information, especially the listed company accounting information distortion, has become the financial academic, economic theorists and even the major issues facing our government. Therefore, the in-depth analysis of accounting information distortion caused by the causes and effects of factors accounting information to understand and grasp the main form of expression, in the current phase of the effective management of accounting information distortion measures, an effective solution to distortion of accounting information, accounting information to ensure a high quality of the sound development of China's securities market, the good performance of the market economy has a very important practical significance.Accounting information of listed companies distortion governance is a historic, old topic of international, domestic and foreign scholars from different angles of them are endless, but I believe that China's market economy development in the current stage, to better suppression and management accounting information distortion, more importantly, should external supervision, regulation to improve them relevant external supervision, monitoring system. As we all know, for listed companies, basically profitability of the organization to maximize the value of long-term pursuit of corporate objectives, the pursuit of short-term goal of profit maximization, corporate decisions are related to long-term goals and short-term goal of comprehensive consideration of the results In such circumstances, but by strengthening internal management, improve the internal institutional arrangements, strengthening the self-monitoring is not possible to good accounting information of listed companies to solve the problem. Of course, improve the internal governance structure, strengthen the social integrity of the building and other accounting information for the suppression is effective, and it is necessary.For as the stock market "Night Watch", the regulator of the government, to solve this problem, by some means of high pressure in the planned economy, I believe this problem can be resolved, but it will also ruin our economy, ruined the whole country economic development, is obviously not desirable; then to solve this problem, government regulators should focus on the work of relevant external regulatory reforms to strengthen and improve the arrangements for external monitoring system. Based on this consideration, this article attempts to give some suggestions from this point of view, hoping to contain the problem of accounting information and control a reference value to the market's normal, good run.