Current Situation And Countermeasures Of Chinese Accounting Standards Mechanisms

Accounting standards is the knowledge system of accounting field which people must master in carrying out accounting practices. It's an important part in accounting theoretical system. Furthermore, the problems related to accounting standards mechanisms is not only an important part in accounting theory but is also a practical problem which need to research and improve accompanying with the changed economical environment.This article points out that high-quality accounting standards are the basis of producing high-quality accounting information. So first of all, accounting information distortion is related to the quality of accounting standards. Of course, it needs to implement the accounting standards efficiently to produce high-quality accounting information even if the quality of accounting standards is high. So accounting information distortion is closely related to the implementation of accounting standards. Though the accounting standards are under construction and improvement in our country and all of the world, the accounting frauds are continue to occur. The imperfect accounting standards mechanisms is one of the reasons. Where the problem and what are the countermeasures? Concerning of accounting information distortion, there are many analysis about behavioral motive. But research of accounting standards mechanisms is still rare.So this article will contrast the current situation inland and outland from the point of accounting standards mechanisms and on the theoretical basis of the public interest theory and the interest groups theory. Then I will confer the reason of inefficient and make corresponding countermeasures. I think the external performance of accounting standards mechanisms is a social process Game. As China's continuous improvement of economic and socialist market economic system, the investors are more and more diversified, stakeholders are more and more different, the differences between interests are more and more obvious. The demanding of constitutive right to participate Game of accounting standards is more and more strong. The democratize process of accounting standards'constitute will be the inevitable choice. To create a full gaming environment and establish a full gaming accounting standards mechanisms will be an inevitable trend of development. Moreover, international trades and global capital markets develop rapidly nowadays. Economic globalization and the globalization of capital markets are indisputable facts. Accounting international coordination is a general trend. In order to have a foothold in the keen competition of international capital, we must participate the international coordination actively to get out of the passive situation international accounting process. For this reason, Chinese accounting standards mechanisms should be stride forward the direction of coordination of international accounting standards mechanisms. So to improve accounting standards mechanisms will play an indispensable role in standardizing the accounting information and promoting the economy of developing stably and continually.