Author(s)

Xuejun Zhang, Dan Zhu

Corresponding Author

Xuejun Zhang

Abstract

Due to economic globalization, it is more and more frequent for global economic cooperation. Accounting, as a business language in the process above, must meet the requirements of Accounting Standards, which means internationalization. Understanding the standards stems from the development is conducive to the improvement of its system in China. By exploring the nature and development rules, this paper finds the logical difference between China and the United States, which helps improving construction of China's accounting standards.

Keywords

Economic Globalization; Accounting Standards; Financial Information