Research On Financial Reporting In China Under The Comprehensive Income

Income is one of the core concepts in financial accounting framework, and is also the research center of accounting theory. However the variation of economic environment made a tremendous impact on the traditional earnings acknowledgement principles, people began to take a broad sense the disclosure of income information. Then, gradually absorbed the meaning of economics income into a new income view, the comprehensive income view has been formed. So far, regulations-making-organs in the United States and many countries have been formulated relevant standards on comprehensive income report and ensured it promulgated by. Conforming to the trend of the earnings report reform and according to the requirements of the market economy development, Chinese finance ministry viewed the comprehensive income into enterprise accounting standards system, which exerted great influence to our country financial report mode.By means of documentary method and sample analysis,comprehensive income and financial report theory as a foundation, this paper first analyses the application of the comprehensive income in the enterprise accounting standard. Then it made specific analysis of the impact of accounting measurement and accounting changes on the financial report under the comprehensive income. The change must lead our country's financial report changes. The financial report under the comprehensive income make up for the traditional Chinese financial report, because of some of the pitfalls of accounting standards and the influence of the subjective judgment, and it is inevitable to have some problems.Through the research we found that the main problem are capital and income vague bounds, unreasonable statements, unclear level of the information disclosure, constraints timeliness, subjective judgment to increase abate reliability. Finally, based on the effective disclosure principle and the cost benefit principle, we give some suggestions aiming at thoseelevant problems: standard accounting elements and revealing difference information, improve the statements structure to strengthen cohesion between statements, rich information disclosure and watch the hierarchy, the optimum combination to report mode, strengthen the quality of accounting information to improve reliability. Hope that the improvement Suggestions can optimize the presentation of financial reporting and financial reports information to better play to the decision, and the effect of correlation constantly promote comprehensive income development in our country .