Acounting Standards: The Comparison Of Chinese With Foreign And Research Of Internationalization

With the development of the world economy and technology, the economic exchanges become frequently among countries. Accounting standards as a business language, and it also needs to adapt to global economic integration, which requires the establishment of a common internationa! accounting standards for guidance and norms of national financial activities.Through comparison and analysis accounting standards setting-basis, institutions, procedures and methods, the article concludes that accounting standards internationalization is current world common goal from the history of accounting standards. On the basis, in light of China's reality, we analyze problems and reasons of accounting standards internationalization and propose some countermeasures.Focusing on this idea, there are three parts in the paper. The first part is the development of accounting standards and current domestic and foreign situation, the part main writes the development and the status quo of American accounting standards, IAS and China's accounting standards. The second part is a comparative analysis of Chinese and foreign accounting standards, mainly on the United States accounting standards, internationa] accounting standards and accounting guidelines in the preparation of our foundation, established institutions, procedures and methods to develop several aspects of this comparison and analysis. The third part is the accounting standards internationalization explored, mainly analyze the international accounting standards problems. Because accounting standards have "economic consequences", accounting standards making process itself is a politicized process and the process of internationalization of accounting standards exist rent-seeking behavior, many countries have tried to obtain the right of making IAS. At last, the article analyzes some problems existing in the internationalization of Chinese accounting standards and put forwards countermeasures.