The Study On The China Accounting Develop Methods

2001Enron bankruptcy of a sudden shock to all walks of life. It happened not only Enron demise but also the financial account of the problems was ranked first in the world of Arthur Andersen decay. This fuse is one of the important issues Enron’s accounting frauds. The use of the company’s financial staff skilled financial knowledge combined auditors Arthur Andersen accounting principles utilized loopholes false profits, hiding huge debt. Enron’s collapse not only giving investors a huge loss but also more importantly is to make people aware of the importance of sound accounting standards. The guide is to develop accounting standards accounting standards soul.Researching the standards-oriented can improve our accounting standards. Guide is divided into rule-based accounting standards, principles-based. Rules-based accounting standard-setting method is composed by detailed and specific rules, Including specific criteria, exceptions and Operations Guide. In addition to an object or a transaction, the accounting matters, financial reporting principles that must be followed, but also trying to consider the principle applies to all possible situations, and these situations on the application of the principle embodied in operational rules, more to make restrictions on the scope. Principles-based accounting standard-setting method is mainly composed by a number of basic principles. There are fewer explanations, exceptions and implementation guides. To focus more on the accounting treatment of the economic substance of transactions or events, fewer restrictions on the scope of application made to give higher accounting staff accounting professional judgment and greater choice, broader applicability. United States and China are Rule-oriented countries. UK Accounting Standards and International Accounting Standards are Principle-oriented international accounting standards. Through comparative study U.S. accounting standards and international accounting standards, combined with the development of their background, found that one of the problems and solutions, and ultimately link the situation in China to develop a comprehensive social development suited to China’s accounting standards.This paper is constituted with the following six chapters.The first chapter is introduction. This part introduces the background of the topic, purpose of research, significance, the research methods and framework.The second chapter introduces the concept of accounting standards and the development of methods defined. This section draws all its method of accounting standards to understand the definition of induction drawn. Accounting standards is to regulate the accounting records and a theoretical system for accounting personnel to work. Comprehensive systems of accounting standards on corporate life and even national economies have a pivotal role. GAAP is soul of accounting principles guiding the development. Accounting Standards guide is divided into two formulation methods:1Rules-based2Principles-based. This chapter is a theoretical basis for thesis.The third chapter is the accounting standard-setting method of reflection. This part of setting accounting standards oriented two methods carried out a detailed analysis Of the Rules-based and Principles-based summarizes the advantages and disadvantages, which is laying the groundwork for subsequent selection and improvement.The fourth chapter is the International Accounting Standards problem-oriented research. This chapter is the introduction of the International Accounting Standards oriented causes, problems and their solutions. Anglicizing of IAS accounting standards orientation is a very important guiding role on the choice of. Because as China’s reform and opening up to the WTO. China’s economic development and international standards became increasingly rapid, so our guide also bound accounting standards with international accounting standards to be connected to the guide to ensure that China’s economic development. This research is carried out in this chapter have this sense. The fifth chapter is the accounting standard-setting methods of the study. This chapter is the United States after the U.S. Enron incident for accounting standard-setting guide all sectors of exploration. The author of the United States to develop the background, the question arises, and problem solving to do a detailed introduction. U.S. GAAP equally oriented research on China’s accounting standard-setting guide is of great significance, because the development of China’s accounting standards with the United States is very similar to the guide are based on the formulation of rules-oriented approach. So research on the United States and China, it has an extremely important reference.The sixth chapter is the Chinese accounting standard-setting methods of the study. This chapter is the theoretical basis of the above analysis, and the U.S. and international accounting standards developed practical problem-oriented research results about the problems and their solutions. Accounting practitioners through a survey combined with China’s actual conditions, suited to China on China’s proposed recommendations to improve our system of accounting standards.Based on the research method, first using standardized research methods to develop guidance for the accounting standard analytical framework, expand on the discussion of accounting standard-setting method. Secondly also uses comparative analysis. The United States and international development of methods for comparisons and references, in order to propose a more rational in the development of China’s accounting standards approach. Improve our system of accounting standards. Finally, for our accounting practitioners’actual researches were more fully discover our problems in accounting standards.