Research on the Governance of Distorted Accounting Information

Author: Chen Shufang
Publisher:
Publish Date: 2006-06-01
Features: The issue of distorted accounting information is a very serious problem in China at present, leading to the loss of state-owned assets, underdeveloped securities markets, the breeding and concealment of corruption, the reduction of accounting information quality, and the impact on the correct decision-making of users of accounting information. On a macro level, it affects the order and normal development of the national economy. The importance and urgency of preventing distorted accounting information have been widely recognized by society, and the state has adopted a series of measures to address this issue. The authors of this book, who are accounting theory teachers in universities and practical workers, conduct an in-depth investigation into the current state of the authenticity of accounting information in Chinese enterprises and institutions. Based on this research, they explore the causes of distorted accounting information and propose specific countermeasures to govern and prevent it, aiming to provide evidence and references for government decision-making bodies to establish an accounting information authenticity assurance system suitable for China's context.
The book begins with the significance and role of accounting information, combining the factors affecting accounting information with its manifestations and harms of distortion. It thoroughly elaborates on the roots of distorted accounting information, as well as effective methods for governance and prevention. By analyzing the causes of distorted accounting information in various types of Chinese enterprises and drawing on the successful experiences of market economy developed countries in accounting information management and supervision, the book proposes the proper handling of the relationship between the independence of accounting personnel, the autonomy of enterprise personnel decisions, and the state's supervision of enterprise accounting information quality. This provides a theoretical foundation for establishing and improving an accounting supervision system suitable for China's socialist market economy system.