The Improvement Research About Our Country's Enterprise Financial Report Presentation

The presentation of financial reporting is referred to transactions and events listed in the statements and disclosed in the notes. Any enterprise's transactions and events are reflected on the financial statements after accounting recognition, measurement and record. Users gain the financial information mainly from the financial report; they can't get daily basic procedures of transactions and events, so it's very important for an entity to list financial information in the report. For the external users, financial report is a main way to get decision-making information. With the development of capital market, information users tend to be diversity and complexity, and put the financial information forward to higher request. In 2006, China's Ministry of Finance has enacted "The accounting standards for enterprises no.30-financial statements", which makes clear and specific regulations in order to realize the convergence with the international financial reporting standards. It makes great achievements in improving the information quality and perfecting the information presentation. However, after the reform of the financial report presentation, there still exist some problems in the report. For example, there is a relaxation connection in every statement because of the diversity division; every item decomposition is not enough; the way of presentation is not uniform; statement items don't agree to division structure, which is difficult to analyze the existing financial information; standards for some items are fuzzy and different enterprises take different methods for the same transaction, which reduces the comparability of the financial information and so on. In order to adapt the change of environment and better meet the user's information needs, it is necessary to improve and perfect the existing financial report presentation.The improvement of financial report presentation has been concerned at home and abroad. Because of the affect of the financial crisis, IASB and FASB jointly send the discussion paper titled "preliminary views on financial statement presentations" on October 16,2008. The discussion paper makes great reforms of the financial report presentation, put forward to a train of thought by changing presentation's form and content to achieve depicting enterprise's internal consistency financial picture objectives. For this, our country's academia and practice act quickly for further study and discuss the change for our country's economy influence and the countermeasures in china. Although it was only the discussion, it foreshadows the reform trend of the international financial report presentation. This paper is established in the international background environment, mainly using the standard methods, analyzing the major problems in the financial report presentation form, and study IASB and FASB discussion paper, which is better to grasp the reform direction, and firmly choice the gradual convergence road. This paper put the user's information demand as a guide and put forward the improvement suggestions, so that those suggestions can improve more relevant and reliable information for the information users to make decisions. In addition, this paper is based on the target which can provide useful information for users as much as possible, so that the main line of this paper is clear and the structure is compact.The specific structure arrangement of this paper is as follows:The first part is "introduction". It is mainly to introduce the background of the essay, the significance of the essay, the domestic and international research condition about the financial report target and presentation problems, the thoughts and the methods of research as well as the contributions and deficiencies.The second part is "the description of the financial report presentation". Firstly, this paper introduces the current domestic and international goal of the financial report and the target location of our current report. Secondly, in order to better satisfy the users' demands and achieve financial report targets, this paper classifies the information users and discusses the different information needs.The third part is "the description of the current financial report existing problems". First of all, this part analyzes concretely the existing serious problems of the presentation in every statement. Then summarizes the financial statement from the whole level, and thus better grasp the current financial report presentation deficiency.The fourth part is " IASB and FASB about financial statements improvement ideas and inspiration ". This part is based on the discussion paper that IASB and FASB jointly send titled "preliminary views on financial statement presentations" on October 16,2008. The author compares the discussion paper with China's present financial report presentation, thus clear in the future financial report presentation direction, as well as enlightenment to improve China's gradual presentation reform.The last part is "improvement suggestions about our country enterprise financial report presentation". This part mainly follows in the front section questions and the point of view, based on the basis for the user to provide more relevant and useful information in our country, puts forward the specific improvement suggestions of the financial report presentation.