A Study On Accounting Information Disclosure Of Off-balance Sheetactivities In China's Listed Banks

In recent years,with the continuous improvement of financial market and the development of financial innovation,listed banks' off-balance sheet business gains great development in China,and the scale is similar to that of the traditional business.However,China's current regulation on the off-balance sheet business is not sound,and regulators are lack in their inspections,resulting in risk cases related to off-balance sheet operations frequent happening along with the rapid expansion of the off-balance sheet business,which seriously affects China's banking industry development.Full and timely disclosure of the accounting information of off-balance sheet business can effectively reduce the risk of off-balance sheet business.Unfortunately,clear regulatory requirements on disclosure of off-balance sheet business accounting information for Chinese commercial banks is lacking,leading to low information disclosure level of banks' off-balance sheet operations.So,it is important to study the accounting information disclosure of off-balance sheet business.On the basis of consulting and analyzing a large number of literature,this paper makes a statistical study on the information disclosure of the off-balance sheet business using 16 listed commercial banks in China,and takes Pudong Development Bank as an example,whose off-balance sheet business develops fast,with a view to drawing valuable conclusions.Based on related theories of accounting information disclosure of off-balance sheet business,this paper mainly uses the method of case study,combined with sample statistical method and comparative analysis method to study Shanghai Pudong Development Bank's accounting information disclosure of off-balance sheet business.We summarize the literatures on the information disclosure of off-balance sheet business,and analyzes the information disclosure of the off-balance sheet business of Shanghai Pudong Development Bank from 2013 to 2015,from the perspective of disclosure time,way,and content.This paper analyzes the present situation and existing problems of the information disclosure of Shanghai Pudong Development Bank's off-balance sheet business,and tries to find the reasons for the problems as well as the solutions.Finally,based on our study,we draw the whole conclusion and enlightenment.According to the analysis idea of introducing,analyzing,and solving problem,we analyze the accounting information disclosure of off-balance sheet business using Pudong Development Bank's financial statements for the past three years.We find that there are four main problems: information disclosure is not timely;the disclosure method is not flexible enough;the disclosure of specific information is not sufficient;and it is lacking in specific,clear disclosure standards.In order to solve these problems,this paper analyzes the relevant literatures and data and analyzes them by normative research method.The main reasons are that there is no effective cooperation between regulators and lacks uniform disclosure standards;there lacking in strict off-balance sheet business Disclosure system;Shanghai Pudong Development Bank governance structure is unreasonable;and the disclosure enthusiasm of Shanghai Pudong Development Bank is not high.Given the above reasons,we suggest that improving the relevant system regulations,establishing special financial statement and dynamic disclosure system on off-balance sheet business for Pudong Development Bank;and moving part of the off-balance sheet business to the table disclosure.