Real Estate Listed Companies Other Comprehensive Income Reporting And Disclosure Research

Accounting arises from the need to record business transactions.With today's rapid development of social economy,in reflects partial economic business,the traditional income statement is already showing serious lag,can't meet the needs of financial information users to report information timeliness.The income model based on the matching principle and the prudence principle is greatly impacted by the comprehensive income view.comprehensive income theory can more truly satisfied report the information demand of users,allows users to fully understand the enterprise real operating conditions and changes in net assets,which can effectively help information users to undertake all kinds of decisions.In 2014,the ministry of finance revised the original no.30 standard according to the specific situation of China's current economy and the requirements of international convergence of accounting standards for enterprises,and further standardized the previous profit statement presentation format.The new standard requires other comprehensive income(OCI)according to whether the future period can be reclassified into profit and loss are shown separately,while clearly itemized presentation.It has been nearly five years since the implementation of the new no.30 standard.How about the presentation and disclosure of other comprehensive income?Does the code achieve the desired effect?Are there any problems in the implementation of the guidelines?Based on this,the author,from the perspective that OCI presentation is conducive to the statement users' understanding of the use of accounting information,puts forward targeted countermeasures and Suggestions by analyzing the OCI presentation of current real estate listed companies and combining with the research on the representative company--taihe group.It is expected that the research of this paper can provide constructive guidance and Suggestions to all listed companies in the real estate industry,as well as enterprises with other businesses related to comprehensive income,and continuously improve the decision-making usefulness of accounting information.Based on the relevant theories concerning other comprehensive income,combined with the requirements of reporting and disclosure of other comprehensive income in China,this paper analyzes the status quo of reporting and disclosure of other comprehensive income by means of statistical analysis.On the one hand,the standards are not formulated in a specific and perfect way,resulting in unclear logical relationship between statements and lack of clear standards for actual implementation;On the other hand,accountants do not have a deep understanding of the code,which makes it impossible to separately report the important detailed items based on the principle of importance.Therefore,the author suggests that:first,the accounting scope of OCI and the listed names of detailed items should be clearly defined;Second,the current income statement using the two table method;Third,increase the reporting items of the statement of changes in owners' equity to improve the information content;Fourth,the establishment of comprehensive income as a starting point under the indirect method of cash flow statement preparation method;Fifth,strengthen the research on performance evaluation methods involving OCI and relevant training of accounting personnel.The above Suggestions will help improve the standardization of other comprehensive income presentation and disclosure as well as the transparency of accounting information.