Corporate Accounting Policy Choices

Enterprise's development needs to have the high grade accounting information to make the effective decision-making, the enterprise accounting information quality enhancement relies on the choice of accounting policy. Therefore ,studying the accounting policy choice has the practical significance. Domestic mainly has three kind of main theories about the accounting policy choice research: Effective market hypothesis theory, real diagnosis accountant theory, economical consequence theory。This article mainly uses real diagnodis accountant theory to study the enterprise accounting policy choice the restriction mechanism. In carrying on the literature after wide spread reading, the author discovered what is far short about small business's accounting policy choice research to goes on the market company's accounting policy choice research, considered small business accountant really serves the accounting policy choice irregular plasticity and the author the experience which is in office in the small business. Therefores tresses on the small business accounting policy choice restriction mechanism, discovered the question take JH Corporation as the analysis sample which the small business at present the accounting policy choice meets and to produce question should to it horse whip.This article utilizes the standard research method,embarks from the accounting policy choice basic concept ,use real diagnosis accountant the theory center contract the theoeretical analysis enterprise has carried on the accounting policy choice the econcmic motive ,and pointed out the contract theory flaw, the enterprise except the shareholder ,manager and the creditor lacks the attention to enterprise's development influential benefit main body .From this promotes the enterprise accounting policy choice therestriction mechanism, receives puts with emphasis on in small business's restriction mechanism design which studies. Finally uses the small business restriction mechanism to carry on the case analysis. The present paper is the author in profits from the Chinese and foreign scholar research results in the foundation to complete,because the accounting policy chooses this domain the research to be relatively mature, the author comes "to add something super fluous and ruin the effect" without doubt is again one kind to own challenge, in the article unavoidably can have very many deficiency, request searnestly teacher to point out mistakesThe paper main content is composed of the following five parts:First chapter the article performs to the accounting policy to define, produces what is the accounting policy choice, as well as the accounting policy choice type, as well as accounting policy choice economical consequence.In the Second chapter, the writer summarizes accountant's contract characteristic and watts and zimmerman's discusses economic in contract ,introduces three big suppositions which accountant the research institute proposed, reward contract, debt contract, political cost supposition. With explained the regulatory authority carries on the accounting policy choice the economic motive, simultaneously unifies our country enterprise accounting policy choice the special details to perform to these suppositions to comment.Third chapter : first the paper points out the contract theory accounting policy choice pays more attention to the shareholder, the creditor and manager personnel's benefit, but neglects other benefit correlation benefits. Then it proposes the benefit correlation theory,points out the accounting policy option is the surplus domination.But this kind of surplus domination belongs to the benefit correlation. Finally governs together in the benefit correlation in the foundation forms the enterprise the accounting policy choice restriction mechanism. Fourth chapter : the paper performs to the small business to limit, points out the small business in the national economy importance. To describe the small business accountant's particularity, receives elaborates the small business accounting policy choice necessity and the possibility using the contract theory. Under the reference benefit correlation theory accounting policy choice restriction mechanism design has the small business characteristic the restriction mechanism.Fifth chapter : we uses the small business accounting policy choice of the restriction mechanism to carry on the analysis to the JH Corporation's accounting policy choice. The discovery because of the restriction mechanism is imperfect can cause the owner when the accounting policychoice question and so on opportunism inflation, and proposed solves the question's suggestion.