Accounting Standards And The Relationship Between Financial Decision-making Research

A new Chinese accounting standards was carried on within the scope of listed companies on January 1^st, 2007. The primary objective of CAS system is to put investors as the mainstay; accounting information provided by accountancy has relevance, reliability, and serves for investors to the financial decision-making. So the basic concept of the construction of this system is closely related to the enterprises finance, what impact will financial decision be received from new principle is the problems the construction of the system need to concern. The thesis analyzed the new idea in corporate accounting standards, discussed with its implications to the financial decision. First of all, the author started with the analyze of the status of corporate accounting standards, made the new guidelines issued as a research background together with the definition of financial decision-making, then proposed topics, leaded out influence that corporate accounting standards to the financial decision-making as a part of corporate environment. Then though analyses in the new concept of enterprise accounting standards proposed the influence to financial decision from enterprise accounting standards, included the requirements of accounting information decision utility, the core status of assets and liabilities concept in recognition, measurement and financial statements; and requirement in the quality of accounting information as well as both true and fair, there is also principle about accounting policy choices and information disclosure. Through the analysis of specific accounting standards classified financial decision-making as investment, financing, capital management and operating profit distribution to illustrate their impact on financial decision-making. In turn, there is higher requirement to accounting information. For this reason, discussed the further requirement to enterprise accounting standards in three aspects finally that are the quality of accounting information, accounting measurement attribute and accounting reports pattern.Due to financial decision-making belongs to the field of internal management areas, this area seldom publish the financial information through the open financial or other information disclosed, it is not easy to obtain the relevant data and empirical case; and the new accounting standards promulgated is not long, can not clearly see the changes of criteria related to the principle. This paper is based on normative research methods that focus on interpretation method; this method is that accounting theory should be higher than accounting practice, and guide accounting practice. This paper is head of the accounting practice, research the relation between accounting standards (and the accounting information) and financial decision-making, then guides business organizations and investors guidance to adjust the changes on the new accounting standards. Its unique point to China is to see the new system of accounting standards for corporate as research background, and on basis of the existing on the new accounting standards promulgated background, the significance of characteristics, extended to the field of financial management, and made an in-depth analysis in the core areas of financial management: the relations between accounting information and financial decision-making.