Analysis Of Excution Mechanism Of Accounting Standards

The constructions of the Accounting Standards in our country have made great achievements for all to see, with the achievement of substantial convergence with international accounting standards. The greatly improved quality of accounting information meets stakeholders'need for accounting information, and to some extent, it also promotes the development of capital markets. But it is undeniable that both nationally and internationally, the cases of accounting fraud still abound.This shows that it is particularly important to establish and improve the enforcement mechanisms in order to make standard play its due role. Because the ultimate goal of high-quality accounting standards is to produce accurate accounting information,which is the result of the implementation of accounting standards, and guidelines for the implementation of efficient and effective enforcement mechanisms can not be separated.Although China's accounting standards have achieved a substantial convergence with international accounting standards, the reality of our environment has its particularity. In the capital markets, corporate governance, accounting standards mechanism, the implementation mechanism of accounting standards, regulatory mechanisms, legal environment, political system and so on exist some differences between China and the Anglo-American countries. It seems from the existing social environment, although the new guidelines have been implemented for several years, the relevant external implementation environment and internal execution environment didn't change fundamentally, the pace of the change in implementation mechanisms is behind that of accounting standards. It is still much less than satisfactory in the efficiency and effectiveness of the implementation of criteria. Therefore, the study of what should accounting standards include, how these components interact, what kind of the environment is in operation and how it works and so on will help us have a more profound understanding of the process the implementation of accounting standards. It can clarify the current mechanism of enforcement and operation, and enrich our theory of accounting standard enforcement mechanisms from the theoretical side;it can also find shortage in the implementation of the existing mechanisms,and to promote improved implementation of measures contribute to the effective implementation from the practical side.In this paper, we start from the enforcement mechanisms of accounting standards and discuss the relationship of the cost and benefit of implementation mechanisms, and classify the principles of cost-effectiveness of different enforcement mechanism. As we know, enforcement mechanisms vary in different operational environments, the author of this paper analyzes the efficiency of the various implementation mechanisms from different enterprise applications.Finally, the author try to analyze the influence of implementation of the guidelines to principles making.This article is divided into four parts.The first part is an introduction, including background, literature review, research approach, the active exploration it made and so on. Research background includes the historical evolution of accounting standards and the convergence with international accounting standards, the implementation of international accounting standards and so on.Research approach is regulating research, which is based on theoretical discussion as well as the use of the data, charts and other tools to illustrate this point. Literature review describes the ideas and results of previous studies.The first part also makes a summarization of the exploration in this article. Introduction leads to the content below accounting standards through the implementation and enforcement mechanisms of the relationship.The second part is the implementation mechanism of the theory of accounting standards in the environment of different implementation of guidelines and enforcement mechanisms. In this section, we first introduce the theoretical basis of the implementation of mechanisms, including management, institutional economics, game theory and other content, and then analyze the implementation mechanism from its enforcement mechanism premise, the implementation of goals, implementation requirements, etc and outline the general framework of the implementation mechanisms laying the foundation for the following further study.The third part is contrast of the roles of the implementation mechanisms under different circumstances. Its enforcement mechanisms include listed companies and non-target listed companies. The author argues that there should exist different enforcement mechanisms in a different economic environment. Different enforcement mechanisms will have an impact on implementation of the guidelines. The author describes different results under the guidelines for the implementation of various enforcement mechanisms between the listed companies and non-listed companies. Then compare the differences of different enforcement mechanisms enterprises, including the contrast of nature, the mechanism and the efficiency. By contrast, we can identify the problem of the existing implementation mechanisms.The fourth part is the impact of Accounting Standards Executive mechanisms to principles making. Mechanisms for the implementation of guidelines is not only a tool for implementation of the guidelines, it also have an impact on the formulation of guidelines. The author demonstrates the reaction of implementation of the guidelines to the standard-making process on basis of the analysis of international convergence of accounting standards and their implementation process. The author of this paper reviews convergence process of the accounting standards of China and that of the international and then selects the fixed assets, investment real estate, and different accounting standards to illustrate the specialty in the path of implementing the accounting standards of enforcement mechanisms.