On Implementation of New Accounting Principles

The new accounting principle system has been issued,but in practice many difficulty occur: supervising cost is over high,the learning cost of accounting principle is increasing,the waste and deficiency of accounting education are coexisting,and the application of new accounting principles is restricted to greater extent,etc.Lopsidedly pursuing consistency with international accounting principles will cause inconsistency with Chinese accounting environment,cause confusion and loss of control of accounting information,and the cost and risk caused by these are huge.In conclusion,we should improve all matched work to effectively carry on new accounting principles,quicken the construction and application of its internal and external environment,play its standardizing role in accounting work,and increase overall practical ability of accounting profession and transparency and public credibility of accounting information.