New accounting standards on the impact of corporate accounting

[Abstract] the introduction of new accounting standards on accounting-based company raised new demands and challenges, this paper discusses three aspects of the implementation of new accounting standards based on corporate accounting impact of the work.

[Keywords] business accounting impact of new accounting standards

Basic Accounting is the primary content of corporate accounting, corporate accounting and systematic conduct a comprehensive financial management a necessary prerequisite. Present in our society because of inadequate supervision and credit system, the distortion of accounting information are criticized, the new accounting standards The introduction of basic work to strengthen the quality of corporate accounting, in order to build a harmonious society added a strong weight.

First, the new accounting standards on business impact
1 new accounting standards promulgated and implemented, is to improve the quality of listed companies, and promote capital market development.

Listed companies are the main force in the capital market and thus further optimize the capital market allocation of resources, can effectively promote a harmonious and stable market, which is inseparable from the development of a new, more effective, more comprehensive accounting standards. There is currently part of the listed companies the corporate governance structure is not perfect, not standardized, the operation has affected investor confidence, restricted the further development of capital markets, so also through the development of normative accounting standards to improve the quality of the information of listed companies to enhance investor confidence in asset impairment criteria, for example, from a positive perspective, scientific and reasonable provision for impairment of assets, assets that can help us squeeze out the water, a clear understanding of our financial position and asset quality, conducive to enterprise lightly armed battle to compete better, from a negative point of view, an enterprise investment impairment or loss, are often able to reflect our investment decision making, strengthening the investment management of the outstanding problems that may exist, will help us learn by analogy, a preventive measure can be said, implementation of accounting standards, improve the quality of accounting information, business management practice throughout the entire process, so that the accounting of corporate forecasts of Economic prospects, and make scientific decisions, effects of inventory management, distribution and effective protection of Economic interests assistant.

(2) system of accounting standards promulgated and implemented, is to improve the market Economic system, the need to improve the level of opening.

China to carry out Economic reform, engage in open, one by faith, and on the rule of Law. Only with the integrity of accounting, but also with the legal system is a foundation of Chinese Accounting Standards with International Financial Reporting Standards has achieved a substantial convergence, and , the new guidelines as to promote convergence of standards and common development of the unified information platform comparable exchange can reduce the transaction costs of international capital markets, will help our business, "Please come in" and "going out." EU countries had used their own accounting criteria, then the EU requirements in the territory of the capital markets of member companies, from January 1, 2005 from unity in accordance with International Financial Reporting Standards preparation of consolidated financial statements present, Hong Kong has adopted International Financial Reporting Standards, Japan is also prepared to convergence with International Financial Reporting Standards, South Korea has also been convergence plan.

We had some accounting standards, but not comprehensive enough, and the whole system is basically a domestic dimension to the system, there is a certain gap with the international standards from a global perspective, now in different countries and regions, capital markets, its listed companies implementation of accounting standards have different requirements, for example, China's enterprises in the domestic market, need to implement China's accounting standards, to the U.S. market, requires the implementation of U.S. accounting standards to the EU market, the need to implement the EU approved International Financial Reporting Standards, Hong Kong listing, need to perform convergence with International Financial Reporting Standards Hong Kong Financial Reporting Standards; if at the same time in a few places listed, according to different accounting standards require financial statements. If the accounting standards in various countries are quite different, invisible to greatly increase the company's criteria for switching costs, in essence, is to increase the company's listing costs, also increased investors' costs, which are detrimental to whom. Therefore, most countries now to move toward International Financial Reporting Standards, hope in the United States accounting standards and International Financial Reporting Standards to strike a balance between the two, and gradually achieve international convergence, to form a big trend this point, draw International Financial Reporting Standards to develop our accounting standards, set up a Sino-foreign Economic and trade cooperation of the accounting close the bridge, will help further optimize the investment environment in China, promoting China's enterprises to lower costs and implementing the "going out, please come in" strategy, improve China's opening-up.

3 accounting system promulgated and implemented, is to maintain the market economic order and social public interests.

The new guidelines focus on improving the transparency of accounting information, to protect investors and the public interest in disclosure of information, highlighting the principle of full disclosure. New guidelines for the current financial reporting disclosure requirements for the comprehensive sort and significant improvements to create a more complete financial reporting system, disclosure of accounting information of time, space, scope and content of the comprehensive system requirements, will greatly improve transparency of accounting information effectively protect investors and the public's right to promote an open, fair and just market order.

Second, the implementation of new accounting standards based on the work of corporate accounting
1 implementation of new accounting standards will help improve the quality of accounting personnel
Currently, the accounting staff in enterprises ranging from high and low education levels, a considerable part of the staff is "second guess" no formal training, but also confuse the accounts, books and accounting statements of the relationship between the accounting basis is bound to affect the work level. accounting staff is not high quality, free billing, there are clear procedures for the actual work, because of lax internal management, the original basis accounting system does not meet the financial requirements, procedures are not perfect, resulting in distortion of financial data and some accounting in violation of professional ethics, not seriously exercise accounting oversight powers, free billing, and even participate in acts of Lawlessness. and some accountants usually do not pay attention to strengthen continuing education, not pay attention to new business, new knowledge, the introduction of new national The Laws, regulations and other policies is not enough attention has seriously affected the operational level of accounting personnel and accounting work to implement new accounting standards will have corporate accounting employees demanding higher quality, as accountants, not only to improve their professional quality, but also focus on continuing professional education in accounting and political and ideological education, which alone could adapt to the new environment of corporate accounting standards, accounting-based needs while strengthening the accounting professionals to new accounting standards as the main content of the follow-up education is to improve the quality of accounting personnel, strengthening basic accounting work, accounting work to improve the quality of the important conditions to organize the accounting staff to learn new business knowledge, updating the old concept, the idea that accounting personnel and professional qualities to be an overall improvement, the National rapid economic development and improvement of basic accounting work to create good conditions.

(2) the implementation of new accounting standards will help promote the standardization of accounting basis
On the one hand, the promulgation and implementation of new accounting standards to adapt to the social, economic, financial and other aspects of rapid development on the other hand, the new accounting standards promulgated and implemented, will lead to such accounting documents, accounts table format, fill in and review ways and means of change and require the continuous improvement, specifically in the following areas:
(1 fill in the standardization of accounting documents in current practice, there are not serious audit and accounting staff fill in the accounting documents, generous, original certificate in the absence of any case of a financial deal with the new accounting standards fill in the implementation will lead to the standardization of accounting documents, accounting professionals just follow the <<Basic Accounting Standards "requirements that, according to review and correct the original certificate fill vouchers (except for billing and correct the error may not be attached to vouchers original certificate, the other accounting documents must be accompanied by original documents, in order to truly reflect the new accounting standards of the scientific requirements, but also to reflect the accounting requirements of objectivity.

(2 accounts set up and standardized. Accounts is in accordance with the accounting elements of the economic content of the specific content of the further classification of accounting items, accounting subject to the objective elements of the specific content of the accounting basis, according to the accounting and management needs to set. new accounting standards, such as increased investment in real estate, financial tools and other aspects of new business, which requires setting the appropriate accounts be accounted for in order to reflect the comprehensive features of the new accounting standards, and also eliminate some of the units in order to reduce accounting procedures rather than the requirements set by the financial system caused by corporate accounts accounts accounts does not match the account does not deserve such phenomena occur. Links to free download http://www.hi138.com (3 bookkeeping, billing standardization. The unit on various economic and business matters should be set up accounting books in accordance with the Law on uniform accounting, shall not violate <<Accounting Law>> and the uniform accounting system of the kangaroo accounting books, and regularly in accordance with the provisions of checkout, before closing, shall occur during the period of the registration of all economic operations accounted for. some units in order to adjust the profit or complete certain assessment targets, not closing time, in order to facilitate the replacement of a These accounting documents, a serious violation of basic accounting work, leading to distortion of accounting information the new accounting standards on the standardization of accounting report a higher demand, not only requires convergence with international practice, and requires more scientific and comprehensive, so the new accounting standards formulation and implementation will further promote the standardization of accounting reports.

3 The implementation of new accounting standards will help to promote the continuous improvement of accounting system
Accounting system, also known as accounting standards, is the accounting in the long social practice, according to its own characteristics, to achieve accounting objectives to meet internal needs and external to meet the accounting requirements (such as investors, creditors, the public, government agencies, on accounting information requirements gradually built up, so that standardized accounting procedures and methods and models of a series of accounting regulations, laws, ethics, guidelines, systems, regulations of the sum of the general accounting system, with the accounting standards and accounting system (narrow sense, the accounting system and accounting standards are both accounting standards, the difference between three points: First and foremost, the goals are different from the former to address the elements of accounting records and reporting, and the latter from the general direction of How the accounting recognition and measurement of key elements of the program of measures proposed Second, the specific content standards and operational strength of the different accounting system is the general sense of the general business requirements of the accounting business, and accounting standards is One confirmation of a particular business and requirements. Finally, the quality of accounting personnel requirements are different. accounting system requirements for the quality of accounting personnel did not express terms, and accounting standards from the specific job requirements on the level of skills and accounting staff overall quality of the proposed requirements. can be seen, our new formulation and implementation of accounting standards is not only important changes in the accounting system itself, but also will promote the accounting system to further enrich and improve.

Third, companies how to implement the new accounting standards
1 new guidelines to strengthen training and improve the quality of accounting personnel
On the one hand, workers should develop self-learning ability, to encourage more people to participate in the business of accounting knowledge and learning for accounting work to lay a good foundation units of self-taught accountants, appointment should be positive and give moral and material incentives in order to fully mobilize the accounting staff self-motivation on the other hand, by focusing on training to improve the quality of accountants, usually by adding some new accounting standards related to business knowledge contest, the consolidation of the inherent knowledge of accounting personnel, accounting professionals, including an increase of new accounting standards in the new knowledge, the requirements under the new accounting standards and spirit, according to the system, according to industry organizations accountants to learn from other enterprise, the advanced experience of other units, to grasp the new accounting standards, the application in practice, thereby enhancing the accountants the quality of the same time, under the new accounting standards to develop the profession of accounting ethics, accounting personnel, accounting staff professional ethics is an important part of working standards, accounting personnel, the merits of ethical standards and professional quality will directly affect the Accounting work. Therefore, to develop the concept of accounting personnel and the strong sense of professional ethics policy, to make it a high degree of social responsibility and justice in and do their jobs.

(2) establish and improve accounting officer of personal responsibility
Corporate accounting officer of personal responsibility, is based on the characteristics of corporate accounting work in a comprehensive, systematic, coordinated under the principle of division of responsibilities, clear tasks, optimize workflow, determine work standards, work in the accounting of all activities in order to self-control, he controls, each control a combination of means, so that each accounting personnel fulfill their duties, due diligence, timely, accurate and comprehensive records, reflecting the economic activity of firms, accountants play in the services business activities, supervision, staff role .

3 to speed up the construction of accounting information in order to improve accounting efficiency and quality of work-based
Modern management accounting information is the most basic requirements for accounting, accounting information is to improve the processing speed, to ensure accurate and modern information management tools. In order to better achieve the accounting information, to ensure the quality of accounting, information management to strengthen the accounting software knowledge and learning, while establishing and improving accounting information related to the internal management system, that the accounting information of personal responsibility, operations management accounting information system, accounting information accounting records management system so that accounting information work institutionalized and standardized.

4 train a team of qualified accounting information the accounting information and accounting talent is a combination of modern network product, requiring the accounting and management personnel, both proficient in computer networks, knowledge, master the basic troubleshooting methods and basic computer maintenance skills, but also require them to have very deep knowledge of accounting theory, accounting information using familiar operating system, with particular emphasis on-the-job training of personnel, so they are familiar and computer literacy, has a strong accounting capacity, capable of handling the accounting information system.

"The world has changed and continues to change." Then the Ministry of Finance will further expand the scope of the new guidelines, the implementation of new accounting standards is not just the name for a few subjects more important way is to update the accounting method, which is a big trend. To meet this trend, we have to keep learning, comprehensive, systematic, in-depth understanding of the new guidelines, in order to grasp the pulse of the times, walking in the forefront of the industry.

References:
[1] Ministry of Finance: Accounting Standards [M]. Beijing: Economic Science Press, 2006,2
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