The accounting information that only offers by the enterprise on the capital market is a information demand that can' t totally satisfy the user , The financial analyst can regard as a main representative that the investor needed extra financial information to need .
Based on the above motioned, it shows what should bethe major quality characteristics of the Chinese corporate financial information, andwhy procedural rationality rather than substantive rationality should be the criterion toidentify the truthfulness of the Chinese financial infOrmation.
In addition, the problem of earnings manipulation in China results fromnine factors, including: the limitation of financial information itself, imperfectlless ofresearch method, stock market being the simulation of real economy, moremanipulation benefit than costs, explanation from the view of information theorypoor corporate governance, weakness in the equity structure, incaPability of board ofdirectors, and rent-seeking phenomenon resulting from the improper management ofthe government.
The listed companies, which are the model forms of the company system, play a critical role in the securities market More and more policies, codes and ordinances in the securities market directly or indirectly regard the accounting earnings as the assessing index. Therefore the listed companies' financial information, especially the accounting earnings, becomes the key factor that influences the price of stock and shares.
Information about the individuals served was taken from the Inventory for Client and Agency Planning (ICAP); fiscal information about the types and amounts of funding, provider and geographic information factors were used to explain the outcomes.
The scope of such a system is the integration of the medical, administrative and fiscal information elements of the hospital into a unified systems environment.
For example, the purpose of project Aspire is to ensure availability of adequate, timely and accurate fiscal information to decision-makers.
Generally speaking, the presentation of fiscal information needs to be adapted to the needs of users.
In almost all the countries surveyed, there is a realization that it is the government's duty to ensure public availability of fiscal information.