The Study On The Property Of The Accounting Information

New economic business will certainly lead to the new accounting problems, a new economictheory is bound to breed the new accounting thoughts. With the appearance of the neweconomic theory, such as property right economics and the application of their results whichis put in practice, accounting theory learned these emerging economic theory and applied theidea of property rights economics. Property rights of accounting information is an importantbranch of the emerging property right accounting research. Currently,accounting informationfraud phenomenon is serious in china, this article attempts through the definition of propertyrights of accounting information to solve the problem of false accounting information, this isthe motivation of studying the accounting information property rights, not the ultimate goal,the goal of this study is to explore the most effective accounting information property rightsystem. On the basis of the predecessor’s research results and theoretical innovation, thisarticle analyzed the necessity of definition on the accounting information property rights.Through comparing of the accounting information of public property and private propertyrights model’s running effect, we believes that private property right pattern of accountinginformation is mort effective, and meanwhile,this article takes the listed companies as anexample to constructs the can make accounting information market trading model of privateproperty right.This article mainly analysis the necessity of defining the enterprise accounting informationproperty rights from four angles. Firstly, whether the enterprise which provides accountinginformation has the nature of contract or not and whether it owes governance mechanism ornot defines the necessity of the definition on the property rights of accounting information.Secondly, the externality of accounting information. The most fundamental reason to definethe property rights of accounting information is that accounting information has theexternality. Nowadays, the accounting information is used by the public for free which shouldbelongs to the enterprises as their ’’private goods". Thirdly, from the reality of the distortion ofthe accounting information, even if the accounting standards for enterprises is more completeand the audit supervision is more formal, the distortion of the accounting information isinevitable. And this is also the direct reasons to do this research, Finally, with the rapid development of the network technology and the electronic commerce technology, the matureof these technology undoubtedly provides support conditions for defining the property rightsof accounting information.As for the necessity and importance of accounting information, this article respectivelyanalyzes the effect of the accounting information system on public property and privateproperty rights model, thinking that the current operation mode of public property rights ofaccounting information leads to the externality of accounting information problem which cannot meet the requirements of accounting information demanders, and also can’t satisfysuppliers of accounting information. In theory, if the accounting information property rightruns in the model of private property right, that would make the internalization of theexternality of accounting information, and can meet the different needs of accountinginformation demanders, and also make accounting information producers have access toprovide the cost compensation of accounting information, This will not only solve theproblem of false accounting information, but also has a certain role in promoting the qualityof accounting information for the enterprises. Definitely it is a kind of effective propertyrights operation model. The author believes that the accounting information running in themodel of private property right will be more effectively.According to the results that the accounting information in private property right runningmode is more effective, this paper takes listed companies as an example, analyzed threeimplementation which may achieve the private property right including theory analysis andfeasibility analysis, although, in theory, three kinds of ways can define accounting informationfor private property rights, but the accounting information supply and demand both sides entercontracts directly or government subsidies accounting information supply side model does nothave realistic feasibility. Nowadays, the third kind of accounting information of privateproperty rights model has both theoretical and practical feasibility: setting up the accountinginformation intermediary organizations, establishing trading platform between accountinginformation suppliers and demanders of accounting information, asking the intermediaryinstitutions to provide accounting information technical and hardware support, using onlinepurchase way to realize the accounting information market trading. Although establishingaccounting information intermediaries define property rights of accounting information have feasibility,but to make sure that this model run effectively, there are still three problems tosolve; that is how to set up accounting information intermediaries, how to calculate the pricethat the listed companies provide accounting information to intermediary institutions,how toprice if the accounting information of listed companies from the intermediaries. According tothese three problems,this paper explores in-depth analysis, draw the following conclusions:the initial set up of accounting information intermediaries should be government fonded,follow-up on track after the restructuring need to reform or transfer, the listed companiesprovide its accounting information to the intermediary institutions should be according to itsforeign sales revenue sharing of accounting information, the two share the benefits ofaccounting information, the government formulate the pricing standards for accountinginformation of listed companies,and allow it to fluctuate within a certain range. This articleestablish the accounting information of private property right mode to define property rightsof accounting information, to realize the privatization of the accounting information is a kindof theory try.