The Research On General Financial Statement Presentation From The Stakeholders’ Viewpoint

Financial report as the final product of the financial accounting system aims to meet theinformation needs of external users, therefore, two major issues are always related to thefinancial report research: firstly, to accurately define the main areas of external users-that is,for whom the presentation of financial information; secondly, to report the financialinformation based on the users’ needs-that is, how the presentation of financial informationis. Both aspects determines that a study on the financial report is never just the theoreticaldeduction, which depends on the macro capital market, corporate ownership structure as wellas individual information needs.With the rapid economic development, the economy is knowledge-oriented. Money isnot the only most scarce and important resource, the form of business "capital wage labor"and "labor hire capital" exist at the same time. More diverse organizational models and morediversified equity subjects challenge the present financial reporting system: the main users ofaccounting information expand, and the contents of accounting information enlarge.Therefore, this paper aims to design the common financial report based on the enterpriseconcept of stakeholders’ collective choice theory. According to the theory, the paper analyzesthe structure of stakeholders in different business relationships, and then summarize theircommon needs of information. In detail, the paper focuses on the three problems: First, howto unify different stakeholder perspectives? Second, how to make out the stakeholders’common information needs? Third, how to transform the common information needs into thefinancial presentation?The logics are as follows: First, explain the reason of the research on common financialreport of the stakeholder perspective, that is the research background, significance, etc.; Then,conclude the present study on financial report reformation; next, build the theoretical basis ofthis article; further, it is the main part of this article, in which the paper will make conceptualframework and model design of the financial report. The part of conceptual framework ofgeneral financial report includes four aspects: first, the goal of the general financialpresentation reports; second, the content of the general financial presentation reports; third,the measurement basis and attributes of the general financial presentation; finally, it is asummary. The part of the general financial presentation mode design elaborates the four reportforms and the logic relationship among them. Finally, it is the conclusions and research prospects of the text.This paper aims to build a general financial presentation model which is suitable formore stakeholders. The paper analyzes the structure and act border of the stakeholders basedon the enterprise concept of stakeholders’ collective choice theory. On the basis, the papersummarizes the common information needs of stakeholders and makes the financialpresentation. It will reflect the personalized information of corporate which is different in thestructure of stakeholders corporate personality, capital type, income distribution with acommon theoretical framework.