Research On Legal Regulation On Accounting Information Distortion

Accounting is the product of today's economic development and corporate activities,and is inevitable in any current economic activity and business conduct.The purpose of accounting work is to truly calculate the important economic data such as income,income,and cost of a business unit over a period of time,not only related to the development of the enterprise itself,but also to the economic construction of the entire society.Once the accounting information is distorted,it will lead to errors in the internal management and decision-making of the enterprise.The loss of the investors will lead to the country's inability to correctly analyze and judge the current development of the society or the industry.The harm is difficult to predict.Even knowing the harmfulness of accounting information distortion,due to the possible benefits,accounting information distortions occur frequently around the world,and preventing accounting information distortion is of great significance for maintaining a normal economic order.This paper is divided into four parts to discuss the legal regulation of accounting information distortion.The first part introduces the general theory of accounting information distortion,expounds the connotation and classification of accounting information distortion,analyzes the causes of accounting information distortion including subjective and objective reasons,and analyzes the harmfulness of accounting information distortion;the second part compares Foreign legal systems for preventing accounting information distortion,including common law countries such as the United States and the United Kingdom,and civil law countries such as Germany and Japan;the third part analyzes the status and deficiencies of the legal regulation of accounting information distortion in China,from the "Accounting Law")?and other relevant accounting laws to prevent the distortion of accounting information,found that China has insufficient deficiencies in accounting law,accounting penalties and civil liability system,accounting supervision mechanism.The fourth part is aimed at the deficiencies in the legal regulation of accounting information distortion in China.On the basis of drawing on the good foreign system,it puts forward suggestions on perfecting China's legal system for preventing accounting information distortion from three aspects.First,improve relevant accounting legislation,including improvement."Accounting Law","Company Law","Audit Law","Certified Public Accountant Law";Second,to improve China's accounting information distortion legal liability system,on the one hand need to clarify the attribution of legal responsibility,on the other hand,it is necessary to clarify the civil liability of accounting information distortion,Including the main body of compensation and the scope of compensation;the third is to improve the supervision mechanism of accounting information distortion in China,and improve from the internal supervision mechanism of the enterprise and the external supervision mechanism of the enterprise.