China Accounting Government Regulation Study

It is becoming important both theoretically and practically to study accounting governmental regulation nowadays. The controversy between governmental regulation and free market has existed since economics first come out. The opposite ideologies dominated by turns for centuries. The treatment and reveal of accounting information has experienced the process of changing from "laissez-faire" to "severe supervision" as well. Both academe and practitioners in accounting agreed that governmental supervision in accounting is necessary. But there has been a heat discussion on how to frame the accounting governmental regulation model, which includes governmental regulation model, self-discipline model. In terms of practical meaning in accounting, Enron Scandal rocked both the USA and the whole world. The incomplete accounting regulation again roused people's reflection on accounting regulation; and the object of accounting regulation was in dilemma again. People should reflect on how to model accounting regulation.Indubitably, accounting governmental regulation will last and reinforce as well.Based on the research logics, the thesis includes five parts. The first part is the introduction of the thesis.Part two reviews the history of accounting governmental regulation in China. On the basis of the review, the author tries to find the characteristics of accounting governmental regulation and give a summary of the characteristics. Through describing the characteristics, the author finds some problems in the accounting governmental regulation of China.Part three studies the accounting regulation model in western world, especially the reform and development of accounting regulation model after Enron Scandal. The author also comments on the experience and lessons China learned from Enron Scandal. At the same time, the author compares the accounting regulation models of China and western world for the purpose of finding out the differences in regulation models. Part four studies the theoretical basis of the accounting governmental regulation. This part analyzes the importance and necessity of accounting governmental regulation in terms of economics. Following the procession of "accounting information-accounting market-market failures-governmental regulation", the author tried to construct theoretical analysis frame of accounting governmental regulation model.Part five is hardcore of the thesis. In this part, the author designs the accounting governmental regulation model of China. First, the author analyzed the environmental factors of accounting governmental regulation of China. Then the author puts forward his assumption about the construction of accounting governmental regulation model and defines the fundamental elements of accounting governmental regulation model of China. At last, the author discusses the relevant measures to insure the new accounting governmental go smoothly.Accounting regulation is a universal problem. A series of financial scandals have aroused the attention in the society. Accounting academia and practitioners worldwide face the problems of how to exert the accounting governmental regulation and how to frame a more scientific and effective accounting governmental model. In the process of thesis writing, the author tries to absorb the research fruits of predecessor and make some creations. The creations of the thesis are illustrated as follows:First, the connotation of accounting governmental regulation is defined. Accounting governmental regulation is not only a layer of government regulation; it is an important layer of accounting regulation as well. The definition of accounting emphasizes the important effects of government in the process of insuring the quality of accounting information, which is in accordance with the reform orientation in the "Post-Enron" period and determined by the future development trend of accounting regulation.Second, the theoretical analysis frame of accounting government model is constructed. The thesis utilizes the theory of governmental regulation and accounting regulation in economics. Based on the accounting information, accounting market, and the procession of "accounting information-accounting market-market failures-governmental regulation", the author analyzes deeply the necessity, feasibility, property and the rationality of locating the accounting governmental model, and triads to construct the theoretical analysis frame of accounting governmental model.Third, accounting governmental model of China is reconstructed. Based on the Chinese situation, accounting governmental model= of China is reconstructed in the thesis which includes the elements of target, subject, object, content, mechanism and so on. The thesis puts forward some new viewpoints about these fundamental elements.Fourth, some policy suggestions to insure the function of the new accounting governmental model are put forward. The guarantee of accounting information quality is a complicated system, which acquires comprehensive measures. Although government should dominant in constructing the accounting governmental regulation, the effects of other layers of accounting regulation should not be ignored. As a result, a series of measures should be taken to insure smooth function of the new accounting governmental regulation mod. The thesis puts forward some policy suggestions to reinforce the internal accounting regulation, trade supervision and social regulation.Accounting governmental regulation is such huge project that it all-conclusive. The thesis tried to deduct, practice the rules according to historical and logistic requirements; and the research of the thesis is limited. Because of the capability of author and the ever-changing environment, the discussion about accounting governmental regulation is based on the objective analysis of the author; and there are some limitations in the thesis. The author hopes that the thesis will arouse further discussion about the topic in both academia and accounting practitioners. The author will continue to pay attention to and study the topic in the future study and research.