Research On Off-statement Information Overload

With the development of the economy and securities markets, theforeign enterprises to provide information to the progressive developmentfrom the original financial statements for financial reporting, not simplythe development of financial reporting, including financial statements,including notes and other financial information. Continue to expand inthe financial reporting model, in order to meet changes in the market, aswell as the information needs of investors.But the growing volume of financial reporting, still unable to becompletely accurate, reliable reflect inherent operating results and risks.The contrary, lead to a financial disclosure overload phenomenon, whichfurther improves the cost of the use of accounting information. View ofthis, on this basis, the contents of financial reports, tables and tableoutside the division, and information sheet disclosure overload this issue,hoping to further improve the listing of off-balance sheet disclosure ofinformation through standardized and simplified quality of informationdisclosure.This article found that domestic and foreign financial reporting anddisclosure of relevant literature reading and thinking and a lot, but thesystem table information disclosure contained study of this issue is alsounusual, and thus to solve this problem In this paper, the efficient markettheory, asymmetric information theory, supply and demand theory to analyze the need for additional disclosure in the table, and good theorypave the way to solve the problem below. First on the information sheetand off-balance sheet disclosure overload concept and scope defined inorder to determine the main research object of the article. Followed bystatistical analysis of the A-share listed companies’ annual reports as anexample, disclosed in the sheet increases with the growth, but its qualityand intelligibility is falling, and then analyzed for the consequences ofoverload. Through this study, the end of this article Countermeasuresshould simplify and standardize the content of off-balance sheetdisclosure, the distinction between financial and non-financialinformation, and part of the balance-sheet information to the tableconversion, in order to effectively prevent off-balance sheet disclosureoverload this phenomenon.Finally, the article the lack of research and follow-up researchdescribed.