Research Of Legal Regulation On Accounting Information Distortion

Accounting information is the subject of accounting and other enterprises and institutions operating results, financial condition, cash flows, comprehensive reflection of the government departments, investors, creditors and other aspects of subject knowledge and understanding of accounting operations and management of an important way user of accounting information is an important basis for decision-making. Accounting information is the bedrock of a market economy, good or bad quality of accounting information related to the healthy development of social economy. Accounting information distortion problem has become a national and global pollution problems, accounting information is the subject of regulation into the jurisprudence of gradual vision. From the legal point of view, combined with the basic principles of accounting, accounting information in a comprehensive analysis of the concept, types, causes and hazards, based on the full use of modern contract theory, game theory, the issue of accounting information, analyzed, and on the developed market economies, management accounting information distortion are analyzed, drawing on foreign experience, based on the distortion of accounting information on improving the legal system proposed.This addition to the introduction and conclusion, a total of five parts, the first part is the meaning of accounting information and the type made in order, and the reasons causing distortion of accounting information to the depth of analysis. The second part describes the regulation of accounting information distortion theory, contract theory of accounting and accounting desired game theory. In the third part introduces the developed market economies, regulation of accounting information related to the system, in which representatives of the United States and Japan, these two countries accounting information system of regulation was introduced, specifically the creation of the U.S. legislation an "audit oversight committee," the Commission a total of 5 members, specifically regulation of the accounting firm, whose main responsibilities of auditing standards-making power, the accounting firm's registration rights monitoring and investigation of punishment; against Certified Public Accountants The audit of the company to provide other services; the creation of the same securities fraud related crimes, and its severe penalties, the crime of violation of the criminal responsibility of corporate executives, the maximum at 20 years; formulated relevant regulations provisions of a crime by exposing the company to provide more protection. Japan has its own characteristics established accounting supervisor system. This unique system design, the shareholders, creditors and the interests of the maintenance, play an important role. Japan Accounting Supervisor provides:capital 500 million yen or more, or balance sheet liabilities listed on the amount of 200 million yen or more shares of the company shall be deemed as a large company stock companies, the accounting supervisor in accordance with the provisions of the major shares of the company established by the Board is responsible for auditing the financial statements. The fourth part discusses the distortion of the current status of accounting information, according to investigation documents of the Ministry of Finance, exposing our current business laws and regulations in the implementation of the accounting deficiencies, and further analysis of China's enterprises because of these problems. The fifth part of the article is in four parts on the basis of the above proposed by strengthening internal and external oversight, construction accounting information system, and the civil liability of a number of recommendations. The five-part article discusses the decency of the legal regulation of accounting information distortion problem, which is an integral part of the overall five.