Improve Accounting Information Quality by Implementing New Accounting Rules

Implementation of the new accounting standards plays a great role in improving the quality of accounting information.This paper points out the main factors affecting the quality of accounting information:defects in the corporate governance structure,asymmetry of gains and losses resulting from the accounting information distortion and negative impacts of the accounting innovations such as spin-off and simulation.It also analyzes the requirements of the new accounting standards for the quality of accounting information.Based on this analysis,it puts forward some measures to improve the quality of accounting information at the current stage.