중국과 한국기업회계제도의 비교연구

Abstract

With the rapid economic development and changes, the international common accounting system has gradually come into being. Accounting Standard for Business Enterprises of the Republic of Korea by IMF is amended in line with the international accounting standards. After joining the WTO, China gradually becomes stronger. With the influence of economic market and under the auspices of macroeconomic regulation and control of Chinese government, international economic competition has not affected the change of the enterprises accounting system, while an accounting system converging to the international accounting standard is established. Since 1992, after the establishment of diplomatic relations between China and South Korea, the economic exchanges between the two countries and mutual economic co-ordination, as well as the increasingly large amount of investment and trade result in intensive economic, political, and cultural contact. Therefore, in accordance with the differences of economic system and social environment between China and South Korea, accounting regulations, accounting methods, and accounting performance vary from each other. China and South Korea's educational activities are also frequent, so they attract a lot of investment activities. To solve this problem the mutual study of accounting between the two countries needs to be coordinated. In this paper, firstly, the author will compare and analyze the developing process of both South Korea and China’s business accounting benchmarks and the problems that appear in the developing process, as well as the difference of it between the two countries. Secondly, through the comparison and analysis of the two countries’ business accounting benchmark, the author will carefully compare and analyze the differences between the two systems, and the differences between the financial statements as well as the basic elements of financial statements and key accounting diction of the terms. As the trading volume between South Korea and China tends to increase, the two countries’ business accounting benchmarks are necessary to be adjusted to the international accounting standards. It is concluded that the business accounting benchmarks of South Korea and China appears similar in the basic system, but great differences exist in the associated terminology and classification. Many things need to be adjusted in the establishment of the accounting benchmarks and the similar development processes as well as the economic systems. Therefore, with the increasing accounting personnel of the two countries, the people who want to understand the two countries’ accounting information need common research and more efforts.