Criteria for Assessing the Quality of an Accounting Standard.
讨论了美国会计学会财务会计准则委员会提出的评估会计准则质量的标准，强调高质量准则应提升财务报告的相关性、可靠性和可比性，并确保收益超过成本。
Abstract This article discusses the criteria for assessing the quality of accounting standard, issued by the American Accounting Association's Financial Accounting Standards Committee. The association believes that a high quality accounting standard should improve financial reporting by enhancing financial statement users' abilities to make investment and credit decisions. High quality accounting standard should promptly address significant deficiencies in the financial reporting model. Deficiencies in the reporting model can arise from significant changes in methods of doing business and significant changes in the economic environment. The financial reporting model should reflect the economic effects of such changes on a timely basis. It is also believed that a high quality accounting standard will improve financial statement users' abilities to make investment and credit decisions if, in part, it improves the overall relevance, reliability and comparability of reported information. Moreover, a high quality accounting standard should improve capital allocation decisions sufficiently so that benefits of the new standard exceed costs. Capital allocation decisions improve significantly when new accounting information leads to decreased information risk and costs of capital, producing increased economic output and efficiency.