Public Company Accounting Information Distortion Discussion

In recent years, it becomes considerably serious that the distortion of accounting information takes place in listing companies in the country, which damages the lawful rights and benefits of the nation and the social public to some extent, interferes the normal market economic order and badly affects the effective operation of the national macro-economy. This thesis analyses the distortion of accounting information in listing companies in three parts, that is, the present situation, the reasons and the measures. In the first part, the writer describes the present situation of accounting information distortion and the damages to the economic and social life while putting forward problems for discussion and solution, hi the second part, by studying the relevant systems in the stock market and taking the situation of the country into consideration, with several related cases, the writer analyses the reasons leading to the distortion of accounting information and draws a conclusion: defects in economic systems, systems of property rights, management structure of the company, exterior supervising system and relevant laws etc. are fundamental reasons resulting in the distortion of accounting information. In addition, the writer further dissects these reasons in a systematic way. In the third part, corresponding measures against the defects in the above systems are mentioned with the view of rearrangement in order to solve the distortion of accounting information.