Distortion Of Accounting Information In Corporate Management Strategy

As China's accession to the WTO, its capital market and currency market will be in line with international standards progressively, the management of the bank and investor or the theory of investment and the operation mode will take place enormous change .People will make policy in loan and investment, even operating plans, according to the business performance and financial situation. However, no matter domestic or foreign, the phenomenon that enterprise's accountant makes the fake emerges in an endless stream in recent years. In U.S.A, Enron event's repercussion in the year of 2001 haven't been put down, in 2002 the financial malpractice took place in the WorldCom and financial affairs of Xerox. In Europe, the agate of the Parmalat financial malpractice just does the same as Enron. In our country, in 2001, the financial malpractice events of YinGuangXia, LanTian share and MaiKeTe were exposed, which shocked all the country; in 2002, Century XingYuan, NeiMengHongFeng, ZongHengGuoJi, STChunDu, ZhuFeng-Motor were investigated by the stock supervision committee of China. The phenomenon of distorted accounting information has been a word's problem, beyond the boundary of countries. Not only did it lead to the collapse of the prices of company shares, the great losses of the investors, but also the company itself suffered a lot from it, whether bankrupting or landing in a predicament, especially destroying the reputation built for few decades. So how to keep a lookout on the distorted accounting information has been a problem that makes all accounting in the world pays more attention to. The study in lacking fidelity of accounting information is good for knowing the phenomenon and essence of lacking fidelity of accounting information, for tapping its sources, and let people find the best way to control it, offer reference for ruling the lacking fidelity of accounting information.The paper begins with the condition of distorted accounting information. Firstly, it is divided into two parts, obeying principle and disobeying principle, by using dichotomy method, and analyses the relationship between them, Secondly, analyses the deep cause of accounting information from macroscopic, microcosmic and internal cause different from external cause, etc. Finally, while adopting and concurrently principle managed, put forward and manage the measure and scheme with distorted accounting information.This text strives to innovate to some extent in the following aspects: First, weshould divide the distorted accounting information into two parts: obeying principle and disobeying principle, by using dichotomy method, analyses the reason accounting information is distorted from different angles, and offer the suggestion of managing accounting information distoitedly. Second, we should adopt the way that combined the canonical study with the evidence study to research some serious cases, such as YinGuangXia, LanTian share and so on, to analyses the cause of the distorted accounting information, to seek the tactics to deal with it. Third , introduce early warning analytic approach , the comparative law of the same trade or business , analytic approach of the trend ,etc, let the accounting information user fully pay close attention to the early warning signal , use the appropriate analytical method, screen the financial crisis , improve recognition capability , thus form the powerful surveillance by the masses to accounting information distortedly.