Information Quality Perspective Financial Reporting To Improve

This paper discusses the question that how to improve the quality of financial statements in our country. This article's analysis starts from expatiating on the theory of the character of internal and external accounting information quality, which core are their relativity and reliability. The developing trend of the financial statements is the choice between the relativity and reliability. And the two of them not only depend each other, but contradict each other. In order to get our internal choice on the relation between the relativity and reliability, it analyzes the relation, referring to the American choice in its country's course of development. Next, it evaluates our internal relation between the relativity and reliability which points out the shortness of the existing report. In the end, it breeds the way and principle to improve financial statements in our country that it should be conducted together on the interior factor of accounting system and the exterior circumstance to settle the problem. Some constructive opinions, which deal with the measurement base, the content and modality of disclosure, are also given to the mending process.