A Study On The Accounting Difference And Influence Of The Companies Simultaneously Listed In A-share And H-share Markets In China

With the advent of economic globalization,the world economy has leapt forward,and the capital has moving fast between countries. In this time of the common development of economic globalization,no country can develop alone with standing aloof from world trade market and capital market. "The more the economy develops, the more important the accounting is."Accounting, a general international commercial language, plays an increasingly important role in economic globalization, and the participants in trade and economy make strict demands on it. We may see it makes the capital globalization more obvious with growing economy integration. And then, internationalization of accounting standards has become the objective facts that attracted more attention of the accounting and all the countries. Ministry of Finance promulgated new accounting standards system on Feb.15,2006, which provide a more solid foundation on the greatest coherence of international accounting standards. But there are also differences between them.This article takes the companies simultaneously listed in A-share and H-share markets as the study samples, analyses the causes of differences among the annual reports prepared according to different accounting standards, in addition, the article also analyzes the influence of these differences on the net profit and further puts forward the suggestions of improvement.Above all, this article introduces the theoretical significance of this study, then further explains the statistical distribution situation of the differences between the net profit values of the company among the three situations, i.e., value according to the inland company accounting standards, value according to the Hongkong financial report standards and value according to international financial report standards.Secondly, the article uses Wilcoxon verification to carry out rank tests to the net profits obtained according to different accounting standards separately to verify whether there is remarkable difference between the samples, i.e.,verify whether there is the same distribution among the inspection samples.Thirdly, this article carries out factor analysis to the differences among the various net profits of the company. Finally, the article draws out the conclusion and puts forward policy-based suggestions regarding the differences among the different standards.