Comparison of Internet Financial Reporting between China and United States

Different countries have different internet financial reports in content, forms, guidelines, page designs and technical standards because of inconsistency in regulatory principles. For China, how to improve the comparability and comprehensibility of the internet financial reports has become an important reform in recent years. This article picks the United States as the representative of developed countries and compares the internet financial reports between the US and China. Then it explores the causes of differences, and analyzes the trends of financial report in China.