The Research On Environmental Accounting Information Disclosure Of Our Country's Listed Companies

As more and more serious environmental problems hampering the economic development and social progress, the strategy of sustainable development has become the only path chosen of the world. As a measure of socio-economic activities, the Accounting should go along with this trend of historical development. However, the traditional financial accounting was incompatible with the growing environmental activities of enterprises and did not to measure the business environmental resources, environmental liability and environmental costs, not to say to recognize the environmental gains or losses Therefore, the theoretical were beginning to combine the accounting theory and the environment issues, creating a "green accounting theory". Environmental Accounting Research arose from the rapid development of Environmental Accounting information disclosure.In this paper, based on research by scholars at home and abroad, respectively from the transaction cost theory, concept of fiduciary duty, Non-cooperative game theory model of information searching, concluded that the proper arrangement of environmental information disclosure system could reduce the transaction costs (cost of the system) or to say to improve the entire social welfare; Full disclosure of environmental information can enhance the transparency and reduce the cost of capital. Moreover, respectively from the value of environment, sustainable development theory, this theory analyzed the objective requirements of the environmental information disclosure.In this paper, as an example of listed companies, from 1992 to 2001 of 50 polluting enterprises listed companied as the sample, then through the listing prospectus disclosure of information brochures on the environmental accounting of the 2002-2005 financial statements of some enterprises, analyzed the evolution of the environment accounting information disclosure and the deficiencies still existed in reality. In light of the new auditing guidelines and analysis of its impact and challenge on the environmental accounting information disclosure, concluded the new criteria clear management responsibilities of environmental information disclosure, explored the influence of new disclosure requirements on the content of financial statements and the new disclosure requirements for risk control. Finally, to improve the quality of environmental accounting information disclosure, suggested the following aspects to: (1) improve our environmental information disclosure standards development; (2) strengthen internal controls; (3) improve the professional quality of CPA.