Reasons and Countermeasures of Accounting Information Distortion of Listed Companies in Our Country
- DOI
- 10.2991/icemse-19.2019.25How to use a DOI?
- Keywords
- listed company, accounting information distortion, countermeasure
- Abstract
Accounting information disclosed by listed companies is an important basis for investors, creditors, the public and internal managers to make investment decisions on financial status and operating results and improve operation and management. Its authenticity is the most basic principle to measure the quality of accounting information. At present, there is a widespread phenomenon of accounting information distortion in listed companies, which poses a serious threat to market economic order and standard management on enterprises. Accounting information distortion of listed companies will inevitably lead to decision-making errors, reduce the quality and use efficiency of information and bring significant economic losses to stakeholders, thus affecting the credibility and vitality of accounting professionals. Therefore, this paper reflects on the causes of accounting information distortion in listed companies and analyzes and provides effective countermeasures from four aspects: the governance mechanism of listed company, punishment on fraud, accounting management system and the quality of accounting personnel.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Shujun Sheng PY - 2019/09 DA - 2019/09 TI - Reasons and Countermeasures of Accounting Information Distortion of Listed Companies in Our Country BT - Proceedings of the 2019 3rd International Conference on Education, Management Science and Economics (ICEMSE 2019) PB - Atlantis Press SP - 111 EP - 115 SN - 2352-5428 UR - https://doi.org/10.2991/icemse-19.2019.25 DO - 10.2991/icemse-19.2019.25 ID - Sheng2019/09 ER -