On Governmental Accounting Regulation And Effect Evaluating Of Public Utilities

Public utility can be defined as the industry which provides necessary and universal goods or service for residents and production. It mainly includes the industries that are closely related to people’s life and career, such as water supply, drainage and sewage treatment, gas, electricity, heating, urban road tunnels and public transportation, environmental health,garbage disposal,etc. The labor value and provided goods and service of public utility integrate various fields. It is one of the main carrier of economic and social development which has significant characteristics, such as foundation, pioneer, commonality and natural monopoly. With the increasing amount of monetary subsidies and more preferential policies for public utility, water and electricity price increases increasingly and there are more and more Rail transit and city bus traffic safety accidents. On the one hand, there is more questioning from the public for the necessity of the price promotions of the goods and service provided by public utility. On the other hand, government bears the financial burden because of the huge subsidies for public utility. Government continues to promote the reform of government accounting regulation of public utilities. At the same time, conflicts about the cost, price and supply of the goods and service provided by public utility, become more intense. Society focuses on the accounting regulation of public utilities and constantly challenges the regulation effect of the government implementation. Under such circumstance, the study on governmental accounting regulation and effect evaluating of public utilities has profound theoretical and practical significance.This thesis firstly defines the connotation of public utilities, public products, government accounting regulation of public utilities and government accounting regulation effect evaluation system of public utilities and introduces the theory of governmental accounting regulation of public utilities in order to deepen the understanding of the meaning of this thesis’s title. Combined with China’s actual conditions, the thesis describes the evolution and current situation of governmental accounting regulation of public utilities from the perspective of the change of history by the use of the statistical method and further reveals existed problems. Then the thesis evaluates the effect of governmental regulation of water industry and public transportation industry by the use of the statistical method, analytic hierarchy process method(AHP) and matter-element model. Finally against the defects of current governmental accounting regulation of public utilities, the thesis emphasizes to put forward policy suggestions about the promotion of governmental regulation of public utilities mode and implement based on the results of effect evaluation about governmental regulation of public utilities.This thesis includes the following five parts:The first part is the introduction, which mainly illustrates the research background and significance, reviews extant literature at home and abroad and makes relevant comments. It puts forward the research thought and research method and elaborates innovations and deficiencies.The second part is concept definition and theoretic explanation. This part defines the connotation of public utilities, public products and government accounting regulation of public utilities. It builds evaluation and evaluation index system of government accounting regulation of public utilities and introduces the theory of governmental accounting regulation of public utilities in order to lay foundation for the later.The third part is the current situation and existed problems of the governmental accounting regulation of public utilities in our country. This part overviews the development situation about the public utilities in our country from1985to2012and describes the evolution and characteristics about the governmental accounting regulation of public utilities. It also reveals the deficiencies of the governmental accounting regulation of public utilities.The fourth part is the effect evaluation of governmental accounting regulation of public utilities. This part divides public utilities into two categories. One is the industry in which there are more large type enterprise and public companies that have high degree of financial information disclosure, such as electric power industry, water industry, etc. The other is the industry in which there are less large type enterprise and public companies, such as public transportation industry, etc. Thesis evaluates the effect of governmental accounting regulation of water industry as a representative from the first category public utilities based on the cost, price and supply. Thesis evaluates the effect of governmental accounting regulation of public transportation as a representative from the second category public utilities based on the matter-element mode.The fifth part is the conclusions and suggestions. Based on the study of the formal four parts of the thesis, this part draws the conclusions of the effect evaluation of governmental accounting regulation of public utilities and emphasizes to put forward policy suggestions of subject and object, legal basis of regulation and system of funds management about the promotion of governmental regulation of public utilities mode and implement.