Author(s)

Ziyu Zhou ¹, Xu LIAO ¹

Affiliation(s)

¹ Northeastern University's College of Business Administration, Shenyang, Liaoning 110169, China

Corresponding Author

Ziyu Zhou

ABSTRACT

Accounting information disclosure refers to the information about financial status, business performance or development prospect released by enterprises. At present, the accounting information disclosed by some listed companies has some problems such as omission, falsehood and lag, which seriously affects the effective operation of the securities market. Under this background, the global convergence of global accounting standards may have a significant impact on China, so we should study and determine the countermeasures and strategies for the global convergence of accounting standards in China. From the perspective of game theory, the author analyzes the accounting information disclosure behavior of enterprises and the government supervision behavior, explains how the enterprises and the government choose their own behavior strategies and interaction mechanism, points out the importance of supervision system arrangement, and seeks effective supervision measures.

KEYWORDS

Accounting standards, Global convergence, Financial report, Accounting information disclosure, Game theory

CITE THIS PAPER

Ziyu Zhou, Xu LIAO. Problems and Countermeasures of Financial Reporting Accounting Information Disclosure under the Background of Global Convergence of Accounting Standards. Accounting and Corporate Management (2021) 3: 19-25. DOI: http://dx.doi.org/10.23977/acccm.2021.030104.

REFERENCES

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