Study On The Influence Of Debt Restructuring Accounting Standards Issued In 2006 To The Financial Index Of Listed Companies In China

For the first time, debt restructuring of enterprises in the form of accounting standards was regulated in 1998, because domestic economic environment can not meet the criteria for debt restructuring, such as reorganization proceeds will be credited to non-operating revenue, fair value measure non-cash assets, then in 2000, debt restructuring standard were revised by the Ministry of Finance. As the continuous development of our country socialist market economy , property markets and factor markets, the relevant policy was improved(such as listed companies of the stock market would remove *ST,S*ST,SST ).The Ministry of Finance would regulate the financial behavior of our country's enterprises to improve the quality of financial information, new accounting standards systems which require new accounting standards to be carried out on January 1st 2007 issued in February 2006, while encouraging the implementation of other enterprises. In this paper, I will analyze 78 ST Companies'short-term credit capacity, long-term credit capacity, operating capacity, profitability which carried debt restructuring out in 2007 to draw my conclusion. This article reads as follows:Partâ… is the introduction of the paper, it mainly introduces the background of the new debt restructuring accounting standard which issued in 2006.Partâ…¡describes the research method, purpose and innovation.Part III focuses on the study of domestic and foreign debt restructuring accounting standard.Part IV focuses on the content and the reason of the changes on new debt restructuring accounting standard, mainly evaluate the new debt restructuring accounting standard which issued in 2006.Part V focuses on the comparison between new debt restructuring accounting standard and Financial Accounting Standards,it also describes the comparison between new debt restructuring accounting and International Accounting Standards.Part VI focuses on the comparative analysis of financial index of 78 companies.Partâ…¦introduces conclusion and limitation of this paper.