The Impacts of Current Accounting Standards for Business Enterprises on the Quality of Accounting Information

From the research perspective of ensuring accounting information quality,the accounting principle lists and the application of conservatism principle,as well as the impacts of the choice of accounting measurement attribute on the accounting information quality are analyzed as for Accounting Standards for Business Enterprises in China( hereinafter called ASBE) ,thus reaching a conclusion that accounting principles should be ranked in the sequence of authenticity,reliability,essence overweighing to performance, correlation,clarity,comparability,importance,conservatism,timeliness,and the ranked ahead accounting principles should be applied preferentially according to the specified sequences. And that only when accounting elements cannot be measured reliably,conservatism principle can be applied. And that historical cost and replacement cost as the basic accounting measurement attribute,fair-value measurement can be applied merely for the publicly traded financial instrument,meantime the present-value measurement attribute should be cancelled and the accounting statement notes should be added to ensure the accounting information quality.