Research On The Problems Of Making Changing Price Principles In China

Fitting in with the economy trends of globalization, China is accordance with the international world gradually. In accounting, the 2006 new principles is a reflection. Considering china's objective reality, the new principles didn't make specific rules about Changing Price Accounting. However, The fact is that price rose since 2003, especially since 2007, CPI was always keeping at a high level. Changing-price is challenging accounting area. Changing-price affects the quality of accounting information based on the traditional accounting approaches which shouldn't be ignored. And till now, this problem hasn't been solved completely.According to such a situation, this essay put forward the necessarities of setting up the changing-price principles in China based on the study results and tries to think about some problems relating to setting up the changing-price principles.This article mainly uses three methods, such as comparison, putting theories into practice, induction and deduction. The author expounds the necessarities of setting up the changing-price principle in China from three aspects Based on comparing the new accounting principles with the old ones, Evaluates the four existed changing price accounting models, and summarizes the way how to make an accounting model from the procedures of the existed models. Accounting model is made up of measurement quality and prickle. How to choose an accounting model, the key point is to choose measurement quality and prickle. After studying the applications of changing price accounting models, the author summarizes the relationship between changing price principles and changing price model based on the conceptions of accounting model and accounting principle. Principle always comes into being behind model, and model is the fundamental of principle.Based on all the above, considering china's condition: price is rising generally with obvious structure feature, This article makes a conclusion: the changing price principle should mainly reflect the influence of Relative Price Changes, and put forward the "Double CPIs Model". At last, the author points out that setting up changing price accounting principles needs accountants, social departments hand firms to pay more attention to.