For The Wto And Foreign Companies' Accounting Information Disclosure System Is A Comparative Study

In December 2001, our country becomes the official member of WTO .It means that the open of security market will accept fundamental law frame of the WTO restriction. Accounting information disclosure system is the core and foundation of security market. The security market open is certainly required that the information disclosure system is still more improved and transparent. But now in the domestic and abroad security markets, the accounting information disclosure system of the listed companies has much problems, especially lots of artificial and false financial information. It vacillates the investors' faith to the capital market.This paper firstly compares the Sino-foreign accounting information disclosure system, standards of the Chinese business accounting system to the international accounting standards, and the supervision to the information disclosure system of the listed companies in domestic and overseas security market. The more significant problem is the listed corporations interior control system general weak .This is the source to create artificial and false financial information , yet not arouse the ample recognition of the listed corporationsIn the days to come our country ought to strengthen the information disclosure system constructs. The accountancy norm ought to speed up adapting to the international standards . The listed corporation ought to amplify the function of interior control to monitor and administer.This paper is divided into six chapters in all : Chapter One is an introduction. Dissertation's writing background and research status of the accounting information disclosure in the home and abroad are introduced.Chapter Two is to analyze the information disclosure system in our country. By means of valid market assumption it finds validity of the capital market against the information disclosure presents very powerful positive correlation , and then analyzesinthe external system and interior system to control the information disclosure of the listed companies in our country .Chapter three compares the Sino-foreign information disclosure system. Thinks that our country had establish the rightful information disclosure system frame. The substantive law norm joins the track against the international essentially, yet there are some problems especially part of illogical legislation and law's responsibility stipulation deficiency so on.Chapter four compares the Sino-foreign accounting criterion- Analyzes the differences of net income to adopts Chinese and international accounting standards for 55 listed corporation issuing A and B stocks in Shanghai Securities Exchange . Discovers that our country doesn't adopt fair and equitable value to keep accounts.Chapter five compares the Sino-foreign monitoring methods of information disclosure system. In our country, it has many problems to monitor the information disclosure of listed companies, for example :can not without delay discover the problem -> penalize the incompetent appearance.Chapter Six suggests how to supervise the information disclosure of listed companies in our country. In the days to come our country ought to speed up the setup of information disclosure system building, and strengthen interior control and monitoring for the listed companies* reform the setup of managers' rewards to inspirit.