Selection of the Accounting Policies

This paper introduces the theoretical foundation of the selection of the accounting policies, probes into the objective necessity of the selection of enterprise's accounting policies from the angles of the market economic operation, the formulating levels of the accounting principles, the maximizing benefit of the enterprise, and forecasts the tendency of the selection of enterprise's accounting policies from aspects of meeting the needs of the benefit group, laying stress on the integral optimization, strengthening the supervision and management, regulating the disclosure, etc.