Research On International Convergence Of Accounting Standards And Its Impact On The Quality Of Accounting Information

The international convergence of accounting standards is the development trend ofinternational accounting. After years of reform, China’s accounting standards have beenachieved with the international convergence of accounting standards/internationalfinancial reporting standards. Main aim of the international convergence of accountingstandards is to improve the quality of accounting information, in order to better service ofinternational economic globalization. The direct purpose of this study is to explain theinfluence of the international convergence of accounting standards on accountinginformation quality problem.With normative research method, this paper firstly analyzes the United States, Chinaand the international accounting standards board about the connotation of the accountinginformation quality characteristics, pick out several important characteristics, in order toanalyze the influence of several important features of the accounting standards; Secondly,analyze the factors affecting the quality of accounting information, which lead toaccounting standards of accounting information quality, the influence of differentaccounting standards system will produce different influence of accounting information;Again, from the formulation of accounting standards basis, develop process, standardsthemselves, guidelines to perform several aspects analysis the impact on the accountinginformation; This paper argues that the pursuit of international convergence ofaccounting standards first is relevance, comparability, rather than the authenticity; Finallybased on the current situation of the international convergence of accounting standards inour country, by analyzing the existing empirical conclusion China internationalconvergence of accounting standards impact on the quality of accounting information,and puts forward related Suggestions.