On the new accounting standards for financial management of the network effect _ to write papers

Network to write papers: Abstract: The new accounting standards on accounting information quality strict implementation of the relevant criteria for companies in the consolidation, related party disclosures and financial reporting have an impact on this paper, changes in accounting standards on financial management of enterprises with to analyze the impact.

Keywords: new business accounting standards, financial management
First, the new accounting standards on the environmental impact of corporate financial management
New accounting standards revised inventory valuation method the end, changed the accounting treatment of business combinations, the introduction of fair value and impairment of certain assets and other methods can not be reversed, making the financial and accounting information more true reflection of the value, so that business performance and the direct relationship between corporate value in the capital markets to be reflected in a relatively short period of time, further strengthen the supply of accounting information for business constraints, which will greatly reduce the investors, creditors, employees and other stakeholders on the main market information search costs, improve efficiency of resource allocation, while, due to implementation of new accounting standards with international financial reporting standards of the real convergence, but also improve the international comparability of accounting information, the Chinese enterprises to invest and expand the scope and financing channels. In short, the new accounting standards, financial and accounting information of enterprises to be more authentic, transparent and complete picture of the business value, market-efficiency and play the role of financial constraints, greatly improve the financial management of the environment.

Second, the new accounting standards on financial management objectives of
At present, non-mainstream forms of business organization listed companies in the capital market weakness effective legal system in the initial period, business ethics has been missing, is gradually building a corporate governance structure and other practical context, the targeting of financial management for the enterprise maximize the value of logic with the strongest theoretical and practical usefulness. the new accounting standards in research and development costs capitalization and other requirements, reflects the business requirements of scientific development, innovation and value to help growing companies, a list of financial statements, interim, financial reports, consolidated financial statements, segment reporting and other specific guidelines that can enable enterprises to fully reflect the value of disclosure of accounting information; workers compensation, share-based payment systems such as government subsidies, by means of coordination of the accounting business, government, investors, employees the relationship between subjects and other interests, a reasonable allocation of enterprise value above the current stage of our financial management objectives identified for the companies to maximize the value of financial and accounting provides a coherent theoretical framework and practical guidance.

Third, the new guidelines on the business impact of financial risk
New accounting standards in the promotion of enterprise innovation, research and development costs incurred and capitalized so closely with the international standards, the market continue to highlight the degree of the new guidelines, there are many specific guidelines in the specific operation is somewhat different with the tax law, financial management needs departments in accordance with the principle of substance over form in the actual operation of the business issues facing the solution, make the right decisions for the enterprise to provide high quality services to the new criteria for the benefits to the enterprise but also to bring to the enterprise financial management a certain amount of risk.

Fourth, the new guidelines on the financial impact of management decisions
First, the new guidelines will help change the concept of financial decision-making the new guidelines stress the usefulness of corporate financial information and the usefulness, by ensuring access to accurate cash flow information company, reflect the true value of the new emphasis on the income statement into guidelines importance Balance table, making the business risks have been fully revealed, will help companies to optimize assets and capital structure, improved decision-making, focusing on long-term strategic and sustainable development. Secondly, the new guidelines will help reduce the capital cost of the new international accounting standards convergence of accounting elements defined to confirm the conditions, highlighting the value of the authenticity and reliability. This convergence, will help improve the impact of China's enterprises, the preparation of reports and applications reduce the cost accounting information. Finally, the new accounting standards will help correct evaluation of financial indicators in the new guidelines highlight the adequacy of disclosure and accuracy of the information flawed by a variety of standardized methods to enable enterprises to grasp the true financial performance indicators to ensure sound financial decision-making. Terms used in inventory valuation, "FIFO method" which requires companies should adopt specific valuation method, FIFO or weighted average method to determine the actual cost of issuing stock to reflect the actual historical costs, reducing the regulation of human factors to improve the use of accounting information value, so inventory valuation methods issued by the provisions of the corporate financial management also had an impact. Links to free download http://www.hi138.com five new accounting standards on business impact
(A period of inventory valuation effect
LIFO inventory valuation method Zengyin is considered to meet the principle of prudence is widely used in a listed company when the stock price in the rising period, using the LIFO method, the highest price recorded material, so that current costs rise, reducing the current profits, if using FIFO method, the previously recorded material at lower prices, then the current cost reduction, increase current profits and if stock prices fell in the period, using the LIFO method, the lower the price of the material recorded , so that current costs down, increase current profits, if using FIFO method, the highest price of the material recorded, so current costs rise, reducing the current profits. visible, available through the end of business change in inventory valuation methods to adjust current level of profits. <<Accounting Standards for Enterprises No. 1 Inventory>> cancel the LIFO method, only using FIFO method, the weighted average method and individual valuation method, limiting the profits of corporate self-regulation.

(B impairment of assets of the enterprise
New accounting standards to determine impairment of assets were clearly defined: First, companies should be clear of the assets in the accounting period for verification, to determine whether there are indications that assets may be impaired, and second, if there is no clear cut value of signs, not the asset's recoverable amount is estimated Clearly, impairment of assets, impairment of assets to determine the premise that clear criteria for determining impairment of assets, provision for impairment of assets of the enterprise constraints on randomness. while the new accounting standards also provides provision for asset impairment loss is recognized, shall not be reversed in subsequent accounting period. In accordance with this provision, impairment of long-term equity investments and intangible assets for impairment in the provision can not be reversed after, and then only in the disposition of assets, the accounting treatment of the new accounting standards for impairment of assets of the new regulations to curb corporate earnings management space, reflecting
China's accounting standards in listed companies to limit the effort.

(Three pairs of capital expenditure and revenue expenditure of the division more flexibility
The new accounting standards on capital expenditure and revenue expenditure of the definition and criteria for the existence of differences between the old, one new requirement of borrowing costs in line with the conditions of capital assets including fixed assets and need to go through quite a long time to build or production activities to use or sale, inventory, investment property, etc. Second, the new accounting standards, break the old guidelines on self-developed intangible assets, research costs can not be capitalized, explicitly internal research and development expenditures area research expenditures and development phase, and allow open
Stage of development capital expenditures. This provides a good R & D to stimulate the enthusiasm of enterprises and help enterprises to technological innovation.

6, the new accounting standards on business net working capital and dividend decisions affect
(A new corporate accounting standards the net liquidity impact of the decision-making
First, the new guidelines for projects and ways to improve cost accounting, expenditures for the recognition of an asset and subsequently amortized cost of disposal costs and avoid business ahead of the allocation for corporate cost allocation method of choice, from a clear choice of several methods the actual situation to choose the right business approach, allows businesses to cost allocation methods have greater autonomy, financial management also made a higher demand. Secondly, the new corporate accounting standards require companies making financial decisions, in-depth analysis of corporate financial indicators, including asset-liability ratio, asset turnover, return on equity, etc., while the new guidelines provide the corporate financial reporting presentation, by emphasizing the importance of financial reporting, making the financial information with more strong practicality and readability, ensuring high-quality internal and external users of financial information. Finally, the new guidelines include the consolidated cash flow statement, consolidated statement of changes in equity and notes into three parts, the combined cash flow table specification prepared timely and effective practice to fill the existing gaps among theory, the importance of cash flow analysis has been improved.

(Two new accounting standards impact on dividend policy
China's current dividend policy of listed companies, the types of cash in the form, the form of stock dividends, capital surplus and surplus reserves to capital in the form the new accounting standards impact on corporate dividend policy mainly unrealized gains and losses in the confirmation on the new corporate accounting standards in the income statement of the establishment, in order to achieve the cash flow amount, based on taking into account the distribution of profits, business stability and investor confidence on the impact of unrealized gains of assets held directly charged to the profit table book profits of enterprises operating results by the enterprises themselves, the company's profit component of environmental change, so business owners during the dividend distribution, should give full consideration to face internal and external factors, and understand the basis for the distribution of profits is cash flow to support the book rather than the net profit, rationalize the distribution of profits, effectively reduce financial risk. Links to free download http://www.hi138.com