Study On Resumption And Improvement Of Enterprise Statement Of Profit Distribution

Under the background that the Accounting Standards for Business Enterprises assimilate with international standards, this paper analyzes the problems aroused by the statement of profit distribution that has been repealed. Taking the significance and application of profit distribution statement as research objects, the paper finds out the flaws and amends it according to the current situation, which aims to not only provide companies with reference scheme in the process of profit distribution and information disclosure, but offer instruction service to the users of financial reports.Firstly, starting with related conceptions and theories of profit distribution and company financial statements, this paper points out the importance of company profit distribution statement to companies’ disclosing financial information and stresses the significance of recovering profit distribution statement that it can improve the transparency, authenticity and practical value of company profit distribution information and regulate the disclosure ways of company financial statement information so as to protect the lawful rights and interests of financial data users.Secondly, through analyzing the problems aroused by the repeal of profit distribution statement, this paper indicates that it’s essential to restore the statement of profit distribution for some reasons that the theoretical argument of repealing the statement of profit distribution is not sufficient, accounting standards must be in harmony with national conditions and the formation and distribution of profit should be published respectively.Thirdly, according to the research results mentioned above, this paper comes up with advice of improving the structure of the statement of profit distribution and adjusts other financial reports. Improving the statement of profit distribution can make a clear distinction between the disclosure of the formation and distribution of profit, perfect the disclosure of human capital properly participating in profit distribution and bring the conditions of stakeholders participating in company profit distribution to a “white box” state so as to analyze and research on whether the contributions of production factors and their participating in distribution conditions match.Finally, after structuring new statement of profit distribution, according to the case application of Z company, this paper demonstrates its feasibility and compares and analyzes the statement of profit distribution before and after improvement. As a result, a conclusion is drawn that restoring and improving the statement of profit distribution of companies can optimize the procedure of company profit distribution, make the Accounting Standards for Business Enterprises comply better with China’s national conditions at present, and carry out in practice the principle that production factors properly participate in profit distribution according to their contributions so as to recognize the contributions of production factors investors to companies and protect their lawful rights and interests.