The Influence Of The New Accounting Standards To Enterprise Accounting Policy Choice

On Feb. 15, 2006, the Ministry of Finance issued the new corporation accounting standards including one basic accounting standard and thirty-eight idiographic accounting standards, it symbolized the foundation of a corporation accounting standard system adapted to the economic development of our country and tended to international financial reporting standards, which is a milestone in the history of the accountant development of our country. The choice of accountant policy exists in the whole accountant process of corporation from accountant confirmation to computation, register till report. The choice of accountant policy has become the major methods and tools in implementing the new accounting standards. How to choose the accountant policy correctly and what principles should be insisted on when choosing the accountant policy will become a focus noticed widely by all circles of society. When the accountant circumstance is changed the corporation has to build new accountant policy choice system to fit the new requirements. Therefore, studying the new accounting standards has very important practical influences on the accountant policy choice and can put forward referenced suggestions for the corporation to choose the suitable accounting standards.This article includes five parts. The first part briefly introduces the background, significance, methods and thoughts of the research and the current research condition both inside and outside the country. The second part introduces the basic theory and relations between accounting standard and choice of accountant policy as the theory basis for the research of this article. The third part discusses on the new accounting standards from various aspects including the background, major content, characteristics and the significance of the new accounting standards issued. The forth part analyzes the choice of accountant policy and its influence for the corporation and puts forward the suggestions according to the changes of accountant policy between the old and new accounting standards. The fifth part founds the theory frame for the corporation to choose accountant policy in the leading of new accounting standards.