Study Of The Economic Consequences Of China's Accounting Standards

With our market economic system setting, micro-entity requirements for benefits have gradually stress highlight. The changes of the economic structure deeply influence the implementation of the accounting standards, then profoundly influencing the setting of the accounting standards. Although our accounting standards have being implemented only for a few years, the economic consequences of the accounting standards have attracted many people's attention, People have different opinions about the economic consequences of the accounting standards. Some think the economic consequences result from factors outside the area of accounting. And believe the accounting standard should not take on the responsibility of the economic consequences. Others think that the accounting standard setter should completely be responsible for the economic consequences, and require the problems about the unfair economic consequences should be dealt with in the area of accounting. My study about the economic consequences of the accounting standards have launched under this background.The paper is divided into four chapters; Chapter 1 introduces the essence of the accounting standard. Chapter 2 introduces the essence of the economic consequence, the manifestation of the economic consequences in the general market economic environment and the reasons of the economic consequences. The reasons of the economic consequences are the market factors, the contract factors, and the political factors. The economic consequences result in the political tendency of the accounting standard setting..Chapter 3 analyses the manifestation of the economic consequences and the reasons of the economic consequences in our country, combining with our economic situation. In our country the reasons for the economic consequences are similar to those in the market economic environment, but there are our specific features. Our market is not mature. Government behavior influences the setting of the accounting...