The Research Of Our Country's VAT Accounting

The promulgation of New Accounting Standards for Business Enterprises(ASBE) in February 2006, it marked the enterprise accounting system was established that suitable for our market economic development requirements and international practice convergence. The New Provisional Regulations of the People's Republic of China on Value Added Tax was promulgated in November 2008 and carried out in 2009, marked the transition of China from the production VAT to consumption-based VAT. This reform was a new breakthrough in tax reform since Enterprise income tax combining two taxation systems into unit one. The transformation of accounting standards and revision of Value-added tax is the inevitable of economic globalization, as special accounting provide value added tax information to the tax authorities and enterprises related parties value added tax accounting develops apparent lag in our country. The method for calculating VAT is only the accounting of VAT at present as allowed under tax regulations, there is no real sense of VAT. So, it is essential to study how to construct VAT accounting with Chinese features the against this background of the new accounting standard for business enterprises promulgated and implemented and the transformation of value-added tax. From promulgation of the new tax accounting standards is easy to see China has established accounting system of income tax accounting system consistent with financial accounting system. VAT, like income tax is also another great taxes in China, but only accounting of value-added tax payable, the difference between enterprise accounting system and the tax law do not exist the processing.The objective of this paper is expects to complement value added tax accounting system by the thought of establishment of value-added tax accounting system coordinate with financial accounting system, thus for strengthening our country value added tax collection and providing reference to improve the quality of accounting information VAT. This paper exerts the method of comparative analysis, comprehensive analysis, first discusses the independent accounting the connotation and features of VAT, analyze the necessity of establishing value-added tax accounting, the reason is:The difference between existing VAT regulations and accounting standards is enlarging, a lot of conflict existing in value added tax accounting and accounting basic theory, while some problems existing VAT collection system, these are seriously affected the quality of accounting information; And then constructs the theoretical framework of independent value added tax accounting based upon the goals of VAT accounting; Finally, based on the analysis of current value added tax accounting problems, combined with current situation put forward standard and perfect conceive on value added tax accounting in order to accelerate the establishment of value added tax accounting system.