The Financial Statements Change Research

With the development of the economics and the development of economicglobalization, the people who need the financial report have high demand for theinformation reflected in the financial report. Financial report financial statements as thecore part, its effect is more and more big, but the current financial statements of somedefects, which can not meet the financial reporting requirements for financial reportingrequirements, so many countries are studying how to improve the financial reportingsystem, global revolution of financial report is coming. International accountingstandards have many factions, also produced the regional differences, they impedeinternational economic resources integration, International Accounting Standards Board(IASB) and Financial Accounting Standards Board (FASB) commonly realize the port,the coordination and convergence of accounting standards of different countries becomerepresent the general trend, the financial statements of the international convergencebecome the common object of study by the two largest accounting body. In2008, IASBand FASB jointly issued" financial statements preliminary observations", put forwardnew suggestions on the financial statements, the main contents include the presentationof financial statements, the presentation of items of the financial statements, targetclassification format of financial statements, financial statements to be divided intofinancial statement, statement of comprehensive income and the cash flow statement,compared to the previous balance sheet, income statement and cash flow statement hasbeen a big difference and improve. The new financial statements implementation willaffect the international guidelines on the national financial report disclosure and will alsobe on China’s financial statements; financial report disclosure produces major effect.Therefore, the future revolution caused by statements of financial statements of changeshas become a problem to be solved. Based on the statement of financial position as anexample to discuss the future reform of financial statements in the future, how toimplement the new financial statements has certain positive meaning, and put forwardour country in the round in the process of accounting standards convergence ofaccounting statement part convergence of opinions and suggestions.This paper adopts normative research method and case study method. The paper isdivided into six parts, the first part is an introduction, mainly introduces the researchbackground and significance, research status at home and abroad, innovations anddeficiencies. The second part is our country statements standards with the international accounting standards convergence condition statements, including internationalaccounting standards development change circumstance and its convergence ofaccounting standards in china. The third part is the current financial reporting problems,analysis of the current problems of overall financial statements and balance sheet defects.The fourth part is the statement of the financial position of future changes, including thefuture financial position statement on how to improve the financial statements, basictarget, basic requirement and future financial statement the main contents and basicstructure. The fifth part is the statement of financial accounting information usefulnessresearch, combined with the case study on comparative analysis of balance sheet andstatement of financial position as well as the statement of financial position to improvethe usefulness of accounting information. The sixth part is our country carries out thestatement of financial position and how to work with international standardsrecommended.The report revolution is coming, how to make statements reflect the accountinginformation more useful is the future of our financial statements change point problem,this paper makes a preliminary discussion on the financial statements of changes infinancial position statement, the study as an example.