Research On Accounting Policy Choices Of Scientific Research Institution Based On Stakeholder Theory

With the revision and perfection of our country institution accounting system and the establishing of institutions corporate governance mechanisms, institutions’ accountants who only did billing and payment of funds in the past should start to think deeper about accounting in public institutions now. As an accountant person work in institution, I am trying to work on what is the real meaning of the institutions’ accounting, why the accounting policies be chosen, which factors determine the choice of accounting policies. I want to find the answer of how institutions to carry on the method of accounting policy by the analysis of the results. According to my own work experience and working environment, I design a case to demonstrate the rationality of the accounting policies choice method.In my opinion, the result of the institutions’accounting policies depends on the value of the stakeholders’common interests, and the institution stakeholders’ common interests is the influence by their social service awareness and the impact of institution accounting policy choice. When the stakeholders’common interest is on a high level, the institutions stakeholders may pay more attention to social welfare; the institution should choose accounting policy which is more benefit to the interests of the public and the development of social welfare. On the other hand, when the common interest of stakeholders shows a low value, that indicates the stakeholders are more concerned with the interests of the minority, should choose the policy which prefer to the accounting policy interests of the minority to meet the real needs of stakeholders and institutions.But from the point of the essence of public welfare institutions thinking, overmuch choice to meet the interests of the minority of the accounting policy will affect the development of public welfare. So it is very necessary to deal with the interests of social public attention or to participate in the management decision-making influence of revision, in order to improve the value of the stakeholders’common interests, so as to optimize the results of the accounting policy choice of institutions.