The Research Of A's Annual Report Information Disclosure

The disclosure of financial information by listed company is the basis of investors, whom to make rational investment decisions, and to ensure the development of the securities market good premise or achieve efficient allocation of social resources. The annual reports of listed companies as the main carrier of information, on the part of financial information disclosure there is still have the issues, such as the issue of incomplete information, the formal disclosure issue, and lack of comparable issue. On the internal control side, there is still non-compliance issue, inadequate of the information disclosure, and lack of comparable issues. Through the analysis of the important non-financial information which is internal control disclosure, we can understand the effectiveness of the internal control design and operation, its implementation can impact the quality of financial reporting information. As a result, it is necessary to divide the annual report into financial information part and internal control information part.This article from two angles of view which is the financial information disclosure and information disclosure of internal control, the evaluation of A's annual report disclosure of information is significant. After reading the fruit of scholars about information disclosure of listed companies, chose Shanghai listing company A as an example, through reading of sample companies'annual report in recent years and draw lessons from the CSRC on the regulation of listed companies report, analysis the problems and causes of A's annual report disclosure, and put forward advises to perfect A company's annual report disclosure content. These including improve the capital market information disclosure, play the role of supervision and guidance of relevant departments, improve the listed company's punishment cost, improve the quality of certified public accountants'audit, so as to achieve the company internal control financial report information disclosure more standardization, also can make the company's internal operation efficiency effectively, which can provide small and medium-sized shareholders with more clear accounting information, also provide help to perfect the capital market.