Accounting System Changes In Sino-us Comparative Study

On the basic of the research of the history of accounting standards change of America and China, the intention of this article is to compare the similarities and differences of accounting standards change between America and China, to master the inherent rule of accounting standards change. It is useful for the mode of Chinese accounting standards change, for the discoursing accounting information of capital market, for developing the exterior mechanism of corporate governance, for the establishment of modern enterprise system, for developing socialist market economy.In Chapter 1, I recollect the theory of institutional change and accounting standards change. In Chapter 2, combining economic system background, I research of the history of the accounting standards change of America and China. In Chapter 3, I compare the similarities and differences of accounting standards change between America and China from the following three perspectives: cause, subject and category, path dependence. In Chapter 4, I make a brief summary for this article. I also make a subjective evaluation for the mode of accounting standards change of these two countries. Finally, I provide several individual suggestions for perfecting the accounting standards change mode of our country. Logical deductive method is the main research method of this article. The main research results manifest in the following conclusions:1,The process of accounting standards change is affected by economic development and the change of property right relationship. Conversely, it is also affect economic development and the change of property right relationship.2,Both of the mode of accounting standards change standards of two countries have its historical origin. They are rationality and necessity.3,Accounting standards will change towards the direction of protecting the right of interest subjects with the change of economic system and property right relationship.4,The subject of accounting standards change standards of USA has a transition from "pure market" to "market-oriented, introducing government mechanism", then to "compatibility of market and government mechanism". Correspondingly, the category of the change belongs to one kind of induced institutional change with government mechanism increasing gradually from nonexistence to existence.5,The subject of accounting standards change standards of PRC is always government. The category of the change belongs to one kind of imposed institutional change with market mechanism increasing gradually from nonexistence to existence.6,Path dependence exist in accounting standards change standards because of a cumulative impact of interaction by Economy,politics,culture and society. These four factors of USA and PRC are completely different. It is the reason that why exist difference in path dependence of accounting standards change standards of two countries.