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On The Improvement Of Our Financial Reporting

Posted on:2002-09-14Degree:MasterType:Thesis
Country:ChinaCandidate:J HeFull Text:PDF
GTID:2206360032952106Subject:Financial management
Abstract/Summary:PDF Full Text Request
With the huge change of economic environment, the activities of business become more and more con)plex, the price changes occur frequently, financial instruments are being renovated quickly, and the users of financial reporting demand more about the information. These make the accountants doubt at the accounting principles that have been carried out for years. The model of business reporting comes under great challenge. More and more people demand the improvement in current financial reporting. This article analyzes the defects of the financial reporting first, then ascertain the objective of financial reporting according to the economic environment of our country. After that, The author confirm the information spectrum on the foundation of the objective of financial reporting and determine the qualitative characteristics of the information. Finally, the author discusses how to improve the quality and quantity of information through depth research of recognition and measurement and brings out some concrete suggestions for the improvement of financial reporting. The paper is composed of five chapters: Chapter one introduces the history of financial reporting, explain some basic conception and construe the limitation of the financial reporting. Chapter two discusses the evolvement of the objective of financial reporting, and chooses the objective of financial reporting of our country. Chapter three expounds the supply and demand theory of information and determines the quantity and quality characteristic of information. Chapter four discusses how to improve the recognition and measurement in order to enhance the quality of information. Chapter five brings out some concrete suggestion from the aspects of content and form aims at the limitation of financial reporting.
Keywords/Search Tags:Financial Reporting, Recognition, Measurement, Accrual Basis
PDF Full Text Request
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