| Summary: | 碩士 === 中原大學 === 會計研究所 === 107 === In terms of integration with IFRSs, China''s corporate accounting standards adopt the “convergence method”, which is based on IFRSs. After reference, it becomes China''s “Enter-prise Accounting Standards” to achieve the same objectives as IFRSs. After the financial tsu-nami, Chinese corporate accounting has followed the revision of IFRSs, and this revision is the largest ever. This paper is revised with accounting standards to examine whether it will affect the stability of China''s capital market. In addition, the paper further examines whether robustness has an impact on debt contractual relevance.
In terms of robustness and debt contracts, the empirical results show that the relationship between accounting conservatism and total borrowing ratio is increasing when the new ac-counting standards are implemented. In the short-term borrowing ratio and long-term bor-rowing ratio, the empirical results show that when implementing new accounting After the standard, the ratio of accounting conservatism to long-term and short-term borrowing is also positively increasing, but there is no significant support in the proportion of short-term bor-rowings; while the relationship between short-term borrowing ratio and robustness is short-term borrowing ratio versus robustness coefficient. It is greater than the long-term bor-rowing ratio, indicating that short-term borrowing is easier for creditors to achieve supervision.
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