高質(zhì)量會(huì)計(jì)準(zhǔn)則的重要性【外文翻譯】

1、外文文獻(xiàn)翻譯外文文獻(xiàn)翻譯原文TheimptanceofhighqualityaccountingstardsIwanttotellyouhowexcitedIamaboutthehemispherewideinvesteducationcampaignthattheCouncilofSecuritiesRegulatsoftheAmericas(COSRA)willlaunchMarch1998.EachCOSRAmemherwillr

2、unprogramsinitsowncountryaspartofthecampaign.InitiativeswillincludetownmeetingsradioTVannouncementsthatraiseawarenessofimptantissuestoconsiderwheninvesting.Iunderstthat“hotlines“alsowillbeestablishedfinvestcomplaints.Aso

3、newhohasledsome20townmeetingsfindividualinvestsacrosstheU.S.overthelastseveralyearsIheartilyendsethisproject.Thebenefitsofinvesteducationaremany.Notonlydoeducatedinvestsprotectthemselvesbetterbuttheyalsoarewillingtoinves

4、ttheirmoneytoprovidecapitaltonewexpingcompaniestherebyallowingbusinessesjobstogrowaswellascontributingtoregionaleconomicstabihty.Infmedinvestsareanimptantingredientofliquidstablecapitalmarkets.Iwholeheartedlysupptthisimp

5、tantCOSRAinitiative.LetmenowmoveontothemainsubjectIwanttodiscusswithyou:theneedfhighqualityaccountingstards.Whilethismayseemmilesremovedfrominvesteducationitreallyisnt.Educatedinvestsneedrelevantusefulinfmationtomakethei

6、rinvestmentdecisions—thatiswhathighqualityaccountingstardsdeliver.TheSECisconcemedwithaccountingstardsbecauseofourmatetoprotectinvests.U.S.securitieslawsaswellastheSECsownrulesregulationsallspringdirectlyfromthisbasiccon

7、cept.Wepursuethismatenotthroughmeritregulation—allowingonly“healthy“companiestotradetheirsecurities—butbymarketregulation.EversincetheSECwasestablishedin1934ourapproachhasbeentorequirecompaniesthatwantedtolisttradetheirs

8、ecuritiestocomplywithinitialcontinuingdisclosureobligations.ThegoalsofthisapproacharetopreventmisleadingincompletefinancialreptingtofacilitateinfmeddecisionsbyIntheU.S.ouraccountingdisclosuresystemsuppts—indeedmakespossi

9、ble—thewillingnessofbothinstitutionsindividualhouseholdstoinvestinourcapitalmarkets.Thisbroadparticipationprovidesamuchlargerpoolofinvestfundsthanwouldotherwisebeavailable.Ifirmlybelievethatthesuccessofcapitalmarketsisdi

10、rectlydependentonthequalityoftheaccountingdisclosuresystem.Disclosuresystemsthatarefoundedonhighqualitystardsgiveinvestsconfidenceinthecredibilityoffinancialrepting—withoutinvestconfidencemarketscannotthrive.InteIrnation

11、aAccountingStardsTurningtotheglobalarenaIseeinvestsbroadeningtheirhizonsbeyondnationalbders.Atthesametimetherearemajnewdemsfcapitalthatmustbesatisfiedatanintemationallevel.Theinterplayofthesefcesaidedbyimprovementsincomm

12、unicationtechnologyiswkingtoconnectnationalcapitalmarketsaspartofaglobaleconomy.Asaresultmanycompaniesareinterestedinthedevelopmentofstauidardsthatwouldbeacceptedinallthewldsmajsecuritiesmarkets.AsyoumayknowtheSEChaspart

13、icipatedactivelyinthecurrentintemationalprojecttodevelopsuchstards.Weareverysensitivetothecostsassociatedwithnonunifmaccountingstards.Butasweattempttoanswerthecallfmeaccountingharmonywemustfocusfirstfemostontheneedsofcap

14、italmarketscapitalmarketparticipants.Harmonizationwouldbeeasytoachieveifthemissionweretodevelopstardsthatwouldaccommodateeverycountryspreferences—anapproachthathasbeenacterizedasfindingthelowestcommondenominat.Anothersim

15、pleapproachwouldbetonegotiateharmonizationatabargainingtablebutthatwouldresultinarulebookvdthoutclearconceptsobjectives.Anysetofaccountingstardsthatseeksglobalacceptancemustbeshapedinsteadbylookingtotheneedsofinveststhec