Study of Accounting Standards and the Quality of Accounting Information

There is no doubt that accounting standards have an effect on accounting information as an institution of accounting information.Accounting standards with high quality are necessary and insufficient condition of high-quality accounting information.Different economic factors need different quality of accounting information,while different quality of accounting information forms different accounting standards.To establish accounting norms with high quality,we should know the features of it and put it into the drawing up of the norms,the laying down of which should concern the economic result and stick to the principle of fairness and efficiency,and the carrying out of which should be guaranteed by high-efficiency execution mechanism.