The Impact of New Accounting System on the Assets Information Disclosure of Listed Companies

The distortion of assets information is the primal problem of accounting information disclosure. The parties concerned have raised more and more queries. Due to current economic background, more and more strict requirement becomes a necessity. Promulgation of New Accounting System, it is an effective and great measure about improving the assets information quality of listed companies, and it makes the assets information richer, and strengthens the interrelation, comparison and truthfulness. In this paper the author conduct a contrastive study.