The Study On Human Capital Value Improvement Index System Of Accountants In China

With rapid economy and trade development around the world, the accounting message is becoming the important universal commercial language. Enron fraud case and global financial crisis make more and more demand of high quality accounting disclosure, accordingly the high demand of accountants who are the information provider.The accounting calculation and disclosure become more and more important in China during the quick development of economy and foreign trade, while the current status of China accounting profession has affected the development of economic which can be find in the numerous anti-dumping cases and public company fraud events. One of the main reasons is low quality of accountants. So it is urgent for the improvement of accountants'human capital value.The current status of China's accounting profession is the Excess of low-level personnel and lack of senior personnel; the unsuited market require with academic education and further education system; the un-match of reward and investment on the improvement of human capital; and the interest confliction of social responsibility with corporate commission. In China, the value of human capital of accountants is sometimes ignored and undervalued, and even suggested that its value is fraud financial information to market. At present China has no integrity human capital valuation system for accountants and the specificity of accountants hinders the improvement of human capital improvement. All these factors lead to the requirement of study the accountants'human capital value improvement.In this paper, based on the analysis on the value components of the accountants' human capital and current situation of China, from the four respects of the institutional factors, market factors, business factors and personal factors, the author analyses the feasibility to enhance the value of human capital. Then presented the evaluation system index of accountants of human capital evaluation, which has been classified to in five dimension of indicators which are knowledge, technical capacity, vocational value, personal capacity and professional character and to two respects which are subjective and objective, establish the accountants'comprehensive indicator personnel evaluation system. Using the radar chart to reflect the status of their human capital value and the improvement space in the future is a clear and quick method for the studying of human capital value improvement. By the pilot survey in one enterprise's financial department, the index system and analysis method can provide reference and guidance to improve the value of human capital, and can be used as management tools as enterprise accountants management.Combination of the problems encountered in the survey, the article analyses the positive and negative effects of the index system, a positive effect and discard the negative effects were proposed.According to the human capital value improvement index system, the status of China accounting industry, and the actual investigation, the article concludes with measures and proposals for our accountants to enhance the value of human capital, which are from the former five dimension, including improved trade system, and strengthen the building of industry associations, and reform title evaluation system, the reform of academic education and follow-up education system and the creation of financial.