The Impact Of Electronic Commerce On The Traditional Accounting Theory And Practice

Into the late 20th century, with the emergence of Internet technology and extensive application,the traditional business model of production and the social environment and social mode of operation have undergone a fundamental change, humanity has entered the era of information economy, followed the emergence of a new business model-E-commerce. The emergence of e-commerce led to the variation of environment for the development of accounting theory, there are some new problems for accounting fields. These emerging issues for the development of accounting theory and practice play a vital role. Up to now, there are few researches about China's e-commerce accounting study. Therefore, improve the accounting theory and practice of accounting under the e-commerce environment in China is the inevitable trend.The paper is divided into five parts:The first part is about the environmental impact of electronic commerce on accounting, including the basic theory of e-commerce, such as concepts, classification and e-business accounting studies. The second part is about the impact of e-commerce on the traditional accounting theory, including the accounting objectives, the impact of accounting assumptions and so on, and put forward some personal ideas. The third part is the study of electronic commerce on the traditional accounting practices, including e-commerce environment, the accounting recognition, measurement, recording, reporting and other aspects, focus on digital products, the redesign for financial statements,make some of my own thoughts. The fourth part is the impact about audit under the e-business environment, analyzing the new audit risk preparedness and response measures. In the fifth part, aiming at the problems for the current accounting system in e-commerce environment, put forward the corresponding development strategies. Finally, sum up the papers and make prospects and forecasts about related issues for the future development, point the further discussion and recommendations about the research subject.