DocumentCode
1855605
Title
Notice of Retraction
Restrictive mechanism improvement of accounting professional judgment
Author
Liu Chengmin
Author_Institution
Accounting Dept. HNIE, Henan Inst. of Eng., Zhengzhou, China
Volume
3
fYear
2011
fDate
13-15 May 2011
Firstpage
732
Lastpage
735
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
With the implementation of new accounting standards, there are some misunderstandings in China´s accounting academic circles and practices in the accounting professional judgment. Professional judgments is subject to state laws, facts and evidences, multi- constraints from the enterprise and the management. From the financial reporting point of view, accounting professional judgments should be subject to enterprise supervision and corporate governance, management strength constraints. To produce high-quality accounting information, there must be an institutional guarantee which includes corresponding constraints: an independent audit, internal audit, compensation for distortion and dishonesty, corporate governance reform.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
With the implementation of new accounting standards, there are some misunderstandings in China´s accounting academic circles and practices in the accounting professional judgment. Professional judgments is subject to state laws, facts and evidences, multi- constraints from the enterprise and the management. From the financial reporting point of view, accounting professional judgments should be subject to enterprise supervision and corporate governance, management strength constraints. To produce high-quality accounting information, there must be an institutional guarantee which includes corresponding constraints: an independent audit, internal audit, compensation for distortion and dishonesty, corporate governance reform.
Keywords
accounting; information management; professional aspects; China accounting academic circle; accounting professional judgment; accounting standard; corporate governance; corporate management; enterprise management; enterprise supervision; financial reporting point; high-quality accounting information; independent audit; institutional guarantee; internal audit; multiconstraint; restrictive mechanism improvement; state law; Companies; Economics; Estimation; Law; Production; Standards; accounting professional judgement; accounting standards; restraint mechanism;
fLanguage
English
Publisher
ieee
Conference_Titel
Business Management and Electronic Information (BMEI), 2011 International Conference on
Conference_Location
Guangzhou
Print_ISBN
978-1-61284-108-3
Type
conf
DOI
10.1109/ICBMEI.2011.5920363
Filename
5920363
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