Research On S Company Social Responsibility Accounting Information Disclosure

With the consistent social and economical development, as well as the public’s strengthened concern of healthy diet, more and more people pay great attention to food security. However, the rapid expansion of food industry in recent years has witnessed more and more problems, particularly the incessantly exposed food security issues, which has drawn attention from people in many fields and become the focus of the public concern and discussion. Under such severe circumstance, companies in food industry may change their negative public image and the public’s lacking confidence in companies by improving accounting information exposure of social responsibility and the quality of exposure information. Nevertheless, due to weak sense of social responsibilityin China food company, insufficient supervision of social responsibility accounting information disclosure and a lack of uniform guidelines for social responsibility accounting information disclosure, the food security problem remains unsolved.Therefore, the thesis has chosen a representative company of Chinese food industry, Company S as the study object and conducted a thorough research on the Company by referring to relevant articles. Firstly, based on the analysis of recent years’ the annual reports of Company S and a detailed understanding of the reports’ exposure condition, the author concludes that company S is suffering from the following problems. One, it has not intensively exposed the relevant information of food security but deliberately avoided attention to potential food security accidents. Two, the form of accounting information exposure of social responsibility is single mainly in the form of word description of accounting information disclosure, lack of appropriate financial disclosure and lacks diversity. Three, the company lacks the consciousness of actively exposure and lack of disclosure of accounting information related to the importance of understanding. Secondly, by referring to relevant material and data, the thesis comes to the conclusion that several reasons have contributed to the above problems—weak consciousness of accounting information exposure of social responsibility, unsound laws and regulations of accounting information exposure of social responsibility, a lack of unified accounting information exposure of social responsibility standard, insufficient supervision of accounting information exposure of social responsibility, etc. Finally, the thesis has come forward several improvement methods—establishing an environment of accounting information exposure of social responsibility, clear accounting information exposure of social responsibility principles, adopting the information exposure model of accounting-based type and non-accounting-based type,improving accounting information exposure content of social responsibility, establish and improve the system of independent social responsibility report and strengthening accounting information exposure of social responsibility assurance and audit, etc.