The Study Of How The New China Accouting Standards Affect On DTT's Finance

Under the environment of globalization of capital market, the accounting standards of different countries now also have the internationalization trend. China is not an exception. In 2006, China implements the new accounting standards, which proofs this trend obviously.Based on the new accounting standards of China, this paper tries to put the theory into practice. It chooses the DTT as an example, compares how the old and new standards work, and focuses on the most important changes between the old and new.This paper is composed of three chapters. Chapter One introduces the background, objective and content of this study. Chapter Two states the development of accounting standards in China as well as the new standards' significance, structure, content and main changes. Chapter Three researches on how the new accounting standards react on the finance of DTT, and describes the influence mainly from two parts, the business combinations and R&D expenditures. The business combinations can be also classified into the business combinations under common control and the business combinations not under common control.