Research On Improving The Quality Of Financial Information Disclosure Of Prolto Company

In August 2017,the Securities Regulatory Commission(CSRC)did a spot check on annual reports of Shanghai and Shenzhen stock exchanges and found that there were major problems in implementing accounting standards and financial information disclosure standards.Financial information disclosure is an important way for China's listed companies to transfer information.It is the main way for stakeholders to understand the company.The quality of financial information disclosure directly affects the investment,management and operation decisions of financial information users and corporate stakeholders.High-quality financial information disclosure has become a key means to help enterprises to win competitive advantage to achieve sustainable development.Prolto is a supply chain management service unit in a subdivision of foreign trade enterprises.The main business of the company is distribution,logistics,transportation,procurement,customs declaration,inventory,capital advance and other integrated business.According to the theory of financial information disclosure,following the high-quality evaluation standard of financial information disclosure,namely authenticity,adequacy,timeliness,comparability and fairness etc,and taking Prolto Company as the research object,this paper excavates the main problems existing in the quality of financial information disclosure,and puts forward specific measures and guarantees to solve the problems.The research shows that there is a lack of supervision and evaluation on the quality of financial information disclosure,the limitation and accuracy of financial data transmission are low,and the professional ability of accountants is not high,deficiencies in the understanding and implementation of relevant business accounting standards.In view of this,this paper puts forward some measures to improve the quality of financial information disclosure,that is,to construct the evaluation index system of financial information disclosure quality,and to strengthen the integration construction of financial services,reinforce the team building of Finance Department and further study the implementation of accounting standards.The research provides guidance suggestions for improving the market value and improving the core competitiveness of Prolto.and also provides some reference for the state to improve the quality of financial information disclosure of listed companies.