Study Of The Quality Of Accounting Information Of Listed Companies In China

The quality of the accounting information in China has been being the focus of the theory realm as well as accounting application, especially the study on distortion of the accounting information keeps pacing on and many scholars have been doing researches from varied aspects in the area, which furthers our comprehension on it. With the preference and study in the related contributions, I find that the current studies on the subject mainly concentrate on some separate aspects, whose defects harm the quality of the accounting information, such as the laws and regulations concerning the accounting, the accounting personnel, the company governance mechanism and the accounting supervision and control. However few studies are basing on a complete system, so I try doing some researches on it. After all, the accounting information of high quality is the result demanding the efforts from all respects; only one produces very little effect. Finally with a view to the three related parties, namely the demander, the supplier and the supervisor, I analyze the current condition of the accounting information, then diagnose the problems in the three respects and ultimately put forward the theory framework to guarantee the quality of the listed company's accounting information under the cooperation of the three parties.This article focuses on the listed companies in China in studying the qualification of the accounting information, which is basing on the following considerations:1. As a type of public goods, the listed company's accounting information, compared with the information of the companies of other ownership form, has wider and deeper influence and more interest related parties, according to which numerous investors and creditor make investment or credit decisions and the government sector implements corresponding macroeconomic policies.2. The listed company is advanced in accounting treatment ability, accountingorganization and the quality of accounting information as well as the high level of the development of accounting application in China and is more representative.3. The listed company's accounting information is convenient to get, which helps to study. Normally they should publicize their financial reports; the major administrative sectors will inspect their accounting information regularly and publicize the results.This article includes three parts. The first part consists of the expatiation on qualification and its scale of the accounting information, discussion of the implication of the quality of the accounting information and the value of studying it, and the contrast and analysis on the scale for accounting information' quality in other countries or organizations; in the second part, after analyzing the quality of the accounting information in current China referring to the related materials, I further study the reasons causing the above situation from the following three perspectives: the demander, the supplier and the supervisor of the accounting information; in the next part I bring forward corresponding countermeasures to coup with the problems encountered by the three parties in the process of the produce and transmission of the accounting information; and in the last part, from the above three respects I put up the security system for the high quality of the accounting information of the listed companies in China.