The Development and Problems of Modern Financial Accounting Theory Research Paper

The emergence of the knowledge-based economy has brought a great impact on the traditional economy, in order to ensure the stability of the economic development of the accounting theory must also be further adjusted. Modernized accounting theory is a new accounting model proposed in this context. Its accounting theory and accounting rules have been adjusted, and make the financial accounting theory more in line with the development of new economic forms, making it an important part of the new economic growth. Of course, because the traditional accounting theory has a certain impact, it will inevitably constrain the construction and development of modern financial accounting theory, so it is necessary to study the problems that may exist in order to ensure its practical value.

First, the content of modern financial accounting theory

Modern financial accounting is a relative concept, which is relative to the traditional financial accounting. From the asset-based economy to the knowledge-based economy, the mode of economic growth has changed dramatically, and the accounting model has also been transformed in this context. Therefore, it is referred to as modern financial accounting. Modern financial accounting theory is a theoretical system created on the basis of practice. The theory mainly includes the following contents:

1. Accounting objectives

The content of the accounting objectives is clear to provide the reasons for accounting information, as well as its need to provide the object of accounting information, the specific need to provide what information. Accounting objectives have become an important guide and starting point for the development of accounting theory. In practice, the accounting goal is also the ultimate purpose of its accounting operations, based on this purpose to take certain actions, can make the whole accounting activities relatively complete.

2. Accounting prerequisites

Accounting prerequisites are mainly embodied in the subject of accounting, going concern, accounting period and so on. Currently, the premise of accounting is also mainly in its scope of standardization and accounting elements of the clear two aspects. In today's relatively changed economy, the traditional accounting elements have been transformed, and the scope of accounting has been relatively expanded. This makes its role as an accounting premise relatively weakened. Therefore the current accounting premise is to meet the important elements of its behavior.

3. Accounting elements

Accounting elements generally include financial position and operating results. In addition, the elements of accounting in fact also includes the accounting subject, accounting object and other elements. In accounting theory, these elements are important components of accounting.

Second, the development of modern financial accounting theory

From the traditional operation of capital accounting to the current model of modern financial accounting, the transformation of accounting is mainly reflected in the following aspects:

1. In the understanding of the concept of going concern

In financial accounting theory, going concern is actually A long-term description of the state of the enterprise, and the traditional financial accounting theory, its relative lack of understanding of this ongoing. Its perception of the time of operation is incorrect. However, the establishment of financial accounting theory must be based on the fact that the enterprise can continue to operate. Modern financial accounting theory is based on modern economic forms and put forward, it is more comprehensive for the continuation of a time, and its concept of continuous operation is relatively in line with economic development.

2. Changes in the concept of accounting phasing

Accounting phasing is actually for a fixed period of time for the use of accounting information. Under the influence of the knowledge economy, the relative increase in the channels of accounting information, the network also exists a lot of accounting information, but this part of the information is true, useful, but it has become a problem for enterprises to utilize the problem. The concept of accounting staging is a change that occurs in this context.

3. Changes in the concept of monetary measurement

The traditional financial accounting theory, the concept of money is based on the value of money. And the current value of money but easily with the market economy 's changes and changes, money as the quantification of goods, there is also a certain change. If purely rely on the currency to measure, then it is easy to lead to its disconnection with the economic development. In this situation, the concept of monetary measurement is also constantly improving.

Third, the study of the development of modern financial accounting theory

From the above, we can see that the modern theory of financial accounting has been developed, and the development of some of the deficiencies shown in the development of the market economy with the continuous changes and be made up. However, the author believes that in the process of this development, it is necessary to realize the following points of cognition.

1. Combined with modern science and technology

The continuous development of information technology, so that its use in the internal management of the enterprise's possibilities continue to improve, the current accounting operations have broken the traditional manual, handwritten and other modes, and, involves a certain amount of software applications. In this context, the development of modern financial accounting theory must also tend to technology. The calculations involved must be combined with modern science and technology.

2. Improvement of the quality of personnel

No matter what kind of development of modern financial accounting theory needs to achieve a state of development, its ultimate development factors are people. The corresponding personnel in the continuous use of knowledge to find its disconnect with society, and then, to make certain innovations, and then achieve the purpose of the development of modern financial accounting theory. Therefore, in the whole process, it is necessary to update the knowledge of modern financial accounting personnel, so that they fully realize the importance of theory updating, so as to play their own subjective initiative for theory updating.

Four, conclusion

Modern financial accounting theory relative to the traditional financial accounting theory, from the content to the form of a great transformation. And under the constraints of traditional accounting, this new accounting model still lacks a certain basis for development, such as talent. This requires modern financial accounting to pay more attention to all parts of its development, starting from the advantages and disadvantages of its development in order to achieve the purpose of development. Of course, in order to ensure that modern financial accounting to fully meet the new economic needs, it is necessary to reflect on its content, so that its use value increased. This paper assesses the development of its accounting statement innovation, changes in the knowledge structure of accountants, accounting form diversification and other content, and hopes to be able to provide help for its development.

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