Research on the Quality Problems of New Accounting Standards' Earnings

The earnings quality is the core of accounting information quality, which reflects the ability of information needs of different stakeholders satisfied by earnings information when making decisions. The new accounting standards have changed in terms of the concept of income, profit elements and definitions, profit recognition and measurement, the reporting and disclosure of financial statements and many others. What implications will result by these changes to the earning qualities? How to build a sound scientific analysis system under current standards to comment the earning quality of enterprises? Under the background of new accounting standards and international convergence, this article based on the institutional background, manipulate recognition and economic consequences three perspectives to review the current literature and dig its intrinsic links of earning quality and eventually build the quality analysis system by discussing the relationship of the core of business, financial perspective and non-perspective, earnings quality and profit ability three aspects.