| Nowadays problems caused by inaccurate accounting information are very serious in our country. Such kind of problems may have disastrous effects, which would not only damage the national economy but also causing the accounting information worthless.It is necessary to find out reasons that associated with inaccurate accounting information problems. But the reasons are so complex that it is hard to analyze from only one perspective. Only if the inaccurate accounting information problems are considered as a complex system, we could possibly know why they happen. After that, we may find out their remedies.In Chapter 1, the cases mentioned by the National Finance Ministry as well as the Qiongminyuan fraud are introduced in order to disclose the seriousness of the inaccurate accounting information problems. The problems have negative impact on the national economy and accounting itself. So it is very critical to carry out thorough research in order to recognize the reasons behind them and to find out the remedies.In Chapter 2, the reasons of the problems are discussed as follows: Firstly, it is discussed from economics aspect. The basic reason is that the ownership of property rights is not clearly defined. Besides that, there are some other reasons such as: benefit conflicts exist among the owners of the property rights, the motivation and restrain mechanism does not operate effectively, and information of the trust relationship between principal and agent is not symmetrical too.Secondly, it is discussed from accounting itself aspect. The inaccurate accounting information problems are the inevitable outcome from some inherent limitations of accounting itself and some weaknesses of Chinese accounting principles and regulations. Thirdly, it is discussed from law aspect. There are several reasons given in this part, such as: the law has still no clear definition of accounting information, the law enforcement is not strict yet, many persons have not eventually realized that to obey the law is a must.Fourthly, it is discussed from supervision system aspect. The supervision system includes internal, CPA, and government supervision. But the system currently in our country does not operate effectively, so the inaccurate accounting information problems arise.Lastly, it is discussed from professional ethics aspect. The professional ethics means in a broad sense and exists in all accounting practices. The problems derived also because the professional ethics are not respected.In Chapter 3, discussion about remedies for the inaccurate accounting information problems are as follows, which are based on the above mentioned aspects too. Firstly, in my opinion, the first important thing is to make the property rights clearly from economics aspect. It is also essential to take measures to remove motives of putting up untrue accounting information. And that to coordinate the benefit relationship between different interested parties have to be done.Secondly, from accounting aspect to solve the problems, we need to make a complete set of Chinese accounting principles and regulations. Thirdly, measures have to be taken to make law more enforceable in order to solve the problems from law aspect.Lastly, from professional ethics aspect, it is also important to strengthen accounting professional ethics and build some practicable standards about it.Chapter 4 is the conclusion of the thesis. To make the issue more clear, I continue to study on some other aspects. Such as:① Accounting system is only a part of economic system, but the reform of our country's economic system is just in a phase of exploring, many problems are not clear. This means the improving of our nation's accounting system has a long way to go. ② The organizational structure of corporations is eager to be improved. Many new systems such as the independent director systemand ESOP/ESO system should be established. And the function of supervising board should be realized really.③ How to coordinate the relationship be... |
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