Research On The Useful Information Provided By Reporting Income

The characteristics of the specific economic environment decide the goals of financial accounting. The goal of trustee responsibility accounting tallies with the commodity economy environment characterized by an undeveloped capital market. Highly developed capital markets bring about the existence of the accounting goals of decision—making usefulness. And the revolution of the goals of accounting is decided by the nature and use of accounting information. The measurement and reporting of income is always the focus of accounting field. The objective of accounting income and the income concept are developed with the changes of social economic environment and the demand of the users of accounting information. Changed with the economic environment, the objective of income reporting and income concept has developed from historical view , informational view to measurement view. From the sight of measurement view, the economic income can be measured by accounting information system. The accountants should try their best to reduce the distance between the accounting income and the economic income.With the development of economic environment, the traditional accounting income mould which had been adapted with traditional industry economic environment, can no longer be adapted with contemporary economic environment, it can not measure the "real income" of the enterprise, it can not provide useful information to it's information users who use accounting information to make their economic decision .so that we must reform traditional accounting income mould to improve it's usefulness to the decision maker. And the theme of this thesis is how to reform traditional accounting income mould to improve its usefulness.