Nalisclosure Exter Suclcb Accounting Information Dpervision

Facing the globalization, China has deepened its financial system reform. Afterentering the WTO, the financial industry has introduced foreign capital to cope with thechallenges. Finance is the core of modern market economy, and banking is the core ofthe financial industry. Some commercial banks to improve their corporate governancestructure of the way is through the market, to enhance their own strength to face thechallenges of the international capital markets and competition. Listed commercialbanks are a special industry which doesn’t produce or manufacture products exceptoperating monetary. Given its particularity of it, listed commercial banks have highersensitivity and risk. Commercial Banks play an important role in financial system and isclosely related to any fields in social economy. Obviously, commercial banks are veryimportant. Commercial banks easily influenced by external factors, and then interferewith the operation of national economy, and even affect the stability and unity of thewhole nation.Facing the US subprime crisis and its worse situation, we should strengthen theexternal supervision of listed commercial banks’ accounting information disclosure.At present their disclosure still has problem of not timely, not fully, not truly and notstructurally, thus we can’t allow false or incomplete accounting information spreading inthe securities market, otherwise it will seriously damage the interests of investors,depositors and other stakeholders. Users may doubt the authenticity of accountinginformation and even may doubt about the whole financial market, which may alsoaffect the effectiveness of the whole security market and may automatically affect thestability and wealthy of the country. Above all, how to improve and strengthen thelisted commercial bank accounting information is an urgent and important task.This paper mainly adopts research methods of normative analysis and comparativeanalysis, and combining the relevant case analysis. Normative analysis method is:according to the general logical order of research questions, which ask questions (incombination with the real cases), causes and countermeasures are put forward. Thecomparative analysis method is used in the comparison between the United States andChina. By using these two methods, I finish this thesis. This thesis has six parts. Thefirst part is the preface: first, the background significance of the study of literature athome and abroad were summarized, and then to our country the listed commercial bankaccounting information disclosure external supervision is introduced, the researchmethods and ideas for sketching out a detailed essay structure. The second part is theorysummary on external supervision of the listed commercial banks’ accounting information disclosure, which first discusses the concept of external supervision onlisted commercial banks’ accounting information disclosure of the relevant concepts,then explains the subject, object, principle of interpretation and finally introduces therelevant theory of information asymmetry, imperfection of law theory, and expoundsthe effective capital market theory. The third part shows the China’s listed commercialbank accounting information disclosure external supervision problems, combined withsome cases, respectively, introduced the judicial regulation, administrative supervision,social supervision problems. The fourth part analyzes the problems of the externalsupervision and its causes. The fifth part draws three lessons from the experience ofAmerica listed commercial banks’ accounting information disclosure externalsupervision. The three enlightenments are perfecting the laws and regulations system,playing a role of administrative regulation and self-discipline of combining theregulation, and perfecting the system of external audit certified public accountants. Thesixth part is consummates our country the listed commercial bank accountinginformation disclosure external supervision countermeasures and the suggestion.For China’s listed commercial Banks, strengthening market disciplines, makingdisclosure of listed commercial bank accounting information more transparent andimproving the level of the accounting information disclosure external supervision arethe basis of participating in the international capital market competition and the trend ofthe development of the banking regulation in our country. through the research ofexternal supervision on the listed commercial Banks in China accounting information, Iputs forward some solutions. Main innovation put forward the following countermeasures: first, improving the judicial supervision system of laws and regulations,establishing judicial authority and communication between the regulatory coordinationmechanism, and improving the accounting quality of judicial supervision personnel;Second, clearing administrative regulatory responsibilities, establishing coordinationmechanism and improving the methods of administrative supervision, administrativesupervision main body building and supervision system; Third, improving the system ofcertified public accountants audit supervision, strengthening industry self-disciplineorganization regulation effect, and strengthening the news media and other social publicsupervision.