An Study On The Accounting Information Disclosure Of Private Investment In China

The debate of "Guo Tui Min Jin" and "Guo Jin Min Tui" continues all the time, and there wouldn’t be a conclusion of the debate in a short period of time. The development of private investment plays an important role, such as, it can be promoting fair competition and common development in the case that exist all kinds of the economic system, adjusting and optimizing industrial structure layout, improving the socialist market economic system, ease the employment pressure in China, promoting social fairness and building a harmonious socialist society, etc. Folk investment also is one of support to improve sustainable economic growth in China, it can cope with the international financial crisis flexibility and solid foundation for the sustainable development of economy and our country’s national economy development. Therefore, when we concentrated on the development of government investment, we should not ignore the role of private investment at the same time. Government investment and private investment should grow at the same time. However private investment encountered many problems in the development process, such as limited investment direction, the lack of capital support, investment both sides information asymmetry, lack of protection for investors interests, To promote the development of private investment, must solve the problem of private investment.In order to promote the development of private investment, the government has issued A number of opinions for encouraging and guiding the healthy development of private investment by the state council ","A series of policies and measures for encouraging and guiding opinions about the development of private enterprises in the strategic emerging industry ". The policy support in the macro level is necessary, but to improve own development condition of accept private investment main body condition is also needed in micro level improved, such as, raising the level of private investment body’s investment decision, strengthening trust between the two sides. We need to increase to accept private investment in the main body of the accounting information disclosure quality in order to solve this problem.At present, it is very strict for the listed accept private investment enterprise to disclosure accounting information, but we can know from the stock market that a lot of accounting information distortion and the accounting information disclosure of listed companies not in time, the accounting information disclosure norms are not well all the time. Despite and securities market demand is higher for the internal governance of listed companies than others, but the actual implementation is not ideal. For other unlisted accept private investment subject, accounting information disclosure norms is incomplete, the optional of information disclosure is free, the disclosure of information is inadequate, there is not a common channels and platforms for information disclosure, and there is no a special institutions of information disclosure regulation. There are a lot of small and medium enterprises, and it’s part of financial personnel professional and moral quality is not enough, the internal control system is not sound, internal management is confusion, especially the disclosure of accounting information value degree is not enough.To improve the present situation of private investment in the accounting information disclosure in China, we need to rely on the relevant government departments, private investment body, accept private investment main body and the social public and the joint efforts of all parties. Relevant government departments should not only improve the criteria in the accounting information disclosure of listed companies, but also formulate corresponding regulations for accounting information disclosure for the small size of the private investment subject; Private investment main body need to improve their own quality and improve the level of investment knowledge, so it can made better and the right investment decisions; Accept private investment subject should strengthen the internal control system and perfect the internal governance structure, especially the internal audit system, to ensure the quality of the accounting information disclosure to outside. In addition, improving the investment environment of the whole society and improving the level of social credit and perfecting social credit and guarantee system is necessary. As soon as possible to improve the present situation of our accounting information disclosure of non-governmental investment, it can promote the standardization of information disclosure and realize the healthy and rapid development of private investment, and promote economic growth, in order to realize the sustainable development of the whole social economy.