The Accounting Development under the New Network Economy

The network economy is the new economic phenomenon in the era of information. It will make the environment of accounting change a lot. The network economy has many impacts on the hypothesis of accounting subject, sustainable management, accounting duration,and money calculating.It pushes the development of accounting practice on the aspects of accounting statement,accounting function,accounting procedure and accounting internationalization.To welcome the era of network economy, we should renew our accounting concepts,build an accounting security system and legal system,and train more compound accountants.