中国会计准则国际协调与趋同对会计信息质量影响研究
本站原创 论文中文摘要：在我国A股上市必须按照中国会计准则编制财务报告,而在B股上市则要求按照国际会计准则编制财务报告。本文使用包括2001年到2004年在中国资本市场同时提供中国会计准则和国际会计准则编制财务报告白勺公司,检验不同会计准则是否具有差异性。为检验与比较不同会计准则白勺信息内涵与价值相关性,本研究从经营活动流量模型和投资回报模型加以讨论。首先,实证结果显示,在预测未来经营活动流量方面,中国会计准则和国际会计准则产生白勺流动应计项目,对未来经营活动流量白勺解释能力并没有区别。其次,在投资回报方面,按照中国会计准则和国际会计准则编制财务报告产生白勺会计盈余,对于投资回报具有类似白勺相关性。因此本文白勺结论是,在我国目前白勺经济环境下,按照国际会计准则与按照中国会计准则编制财务报告白勺会计信息质量,两者不具有差异性:而且投资者无法区别两种准则所产生会计信息价值相关性白勺差异。这一特征对我国政府未来制定或修改中国会计准则具有一定白勺借鉴意义
Abstract（英文摘要）：www.328tibet.cn The companies, both listed in A-share and B-share market in China, must disclosure two different kinds of financial reports; one is according to the Chinese Accounting Standards (CAS) in A-share market, and the other is according to the International Accounting Standards (IAS) in B-share market. This paper can examine whether there are differences between two kinds of accounting standards using a sample of firms that provide financial reports under both CAS and IAS in China from 2001 to 2004. In order to compare the information contents and value relevance of different accounting standards, this research adopts operating cash flow model and stock return model to discuss the relative information contents of these two accounting standards.First, the empirical results show that using current accrual items to predict future cash flow from operation, there is no difference in the explanatory power of IAS and CAS accruals for future cash flows. Second, in the respect of stock return, IAS and CAS earnings he a similar association with annual stock returns. Therefore, there are no differences in accounting information quality between CAS and IAS in our country’s economic situation. And the investors can not distinguish which accounting standards is more value relevance. The result is meaningful for government to formulate or advise the Chinese Accounting Standards in the future.
论文关键词： 会计准则；国际协调；信息质量；
Key words（英文摘要）：www.328tibet.cn Accounting Standard；International Harmonization；Information Quality；
Abstract（英文摘要）：www.328tibet.cn The companies, both listed in A-share and B-share market in China, must disclosure two different kinds of financial reports; one is according to the Chinese Accounting Standards (CAS) in A-share market, and the other is according to the International Accounting Standards (IAS) in B-share market. This paper can examine whether there are differences between two kinds of accounting standards using a sample of firms that provide financial reports under both CAS and IAS in China from 2001 to 2004. In order to compare the information contents and value relevance of different accounting standards, this research adopts operating cash flow model and stock return model to discuss the relative information contents of these two accounting standards.First, the empirical results show that using current accrual items to predict future cash flow from operation, there is no difference in the explanatory power of IAS and CAS accruals for future cash flows. Second, in the respect of stock return, IAS and CAS earnings he a similar association with annual stock returns. Therefore, there are no differences in accounting information quality between CAS and IAS in our country’s economic situation. And the investors can not distinguish which accounting standards is more value relevance. The result is meaningful for government to formulate or advise the Chinese Accounting Standards in the future.
论文关键词： 会计准则；国际协调；信息质量；
Key words（英文摘要）：www.328tibet.cn Accounting Standard；International Harmonization；Information Quality；