Accounting Standards Internationally Coordinated And China's Path To Select

The growing of economic globalization and technical revolution of information is accelerated day by day. Accounting as internationally agreed commercial language, its function seems more outstanding in promoting international trade, international capital circulation and international economic interaction etc. The paces of accelerating accountant's standard internationalization seem urgent day by day. More and more countries have already joined in the ranks of adopting the criterion of the international financial report. These countries have made very great progress in accounting standard international harmonization. Their purpose lies in reducing the formulation cost of counting the standard, reducing fund-raising cost and transaction cost in the international market of national enterprise, make national enterprises in the advantage in global economic competition and development. China is the country that attracts the most investment in foreign countries. Economy incorporates the economic system in the world more and more. So the development of China's economy needs a global and generally acknowledged and easy to operate accounting criterion urgently too. China has met a lot of questions too in the work of the international harmonization of accounting standard.The accounting standard international harmonization is defined in this text at first. From differentiating and analyzing the difference of accounting standard international harmonization and the coordination of international accounting standard to meaning of the international coordination of accounting standard, then it is divided into three levels. The author has introduced the current situation of the international coordination of domestic and international accounting standard and progress of domestic study on international coordination of accounting criterion in the chart 3. Then the author compare China's accounting standard and international accounting standard, then look for the difference and analyze its deep reasons. To a certain extent inconsistency on the accounting standard refract out such differences on the environmental factor as different economic systems, social environment, legal system, culture background, etc. Analyze the accounting environment of China especially on the basis of summarizing accountingenvironmental factor. Carrying on economics analysis to the hindrance of the international coordination of accounting criterion, find how to make system cost and transaction cost minimize and the economic benefits maximize and become a great obstacle on their roads. Because urgency and progress of China's internationalization of accounting criterion, we carry on research to the measurement and appraisal problem of the international coordination of accounting criterion. Provide three kinds appraisal model of the international coordination of accounting criterion from different visual angles: Compare with the Item model, Cost-Income model, and Quality of Accounting Information model. Finally, we give some suggestions of the international coordination of China's accounting criterion: Point out the principle and the breakthrough point that China should follow during the process of carrying on international coordination of accounting standard, make the choice in the accounting standard formulation, accounting theoretical research, accounting environmental construction, accounting criterion international harmonization the methods that should be taken, and accountant's educational idea of promoting international harmonization of accounting standard.