The forming and development of cyber economy created new business model - electronic commerce and new form of enterprise - virtual corporation which brings huge change to accounting environment and leads diversification to the object , the function , the content , the means and business process of accounting . under the environment of cyber economy , the accounting object will change from " operation duty " to " decision - making serviceability " , and accounting function will transit from checking and correspondence to management especially the information management further more emphasize on the effect of correspondence function ; the content will be variety , the means will be informational , the process will be a network . so the traditional accounting ' s theory and practice will no more meet the requirement under the cyber economy environment 网络经济的形成与发展，创造了新型的商业模式? ?电子商务和崭新的企业形式? ?虚拟企业，使得会计环境发生了巨大的变化，并导致会计目标、职能及核算内容、方法、流程等也发生了变化：网络经济环境下的会计目标由传统会计的“经管责任”向“决策有用性”转变，会计职能由传统会计的核算与协调逐步向管理职能转化，尤其是信息管理职能转化，并更强调协调职能的作用，会计核算的内容多样化，会计核算的方法信息化，会计核算的流程网络化，传统会计的理论与实务都不再适用于网络经济环境的需要。
The limitations are as follows : the traditional equity theory only explains net equity from measurement angle ; the traditional equity theory does n ' t consist with the change of accounting environment ; it ca n ' t reflect the equity of human capital ' s owners ; and it neglects the contractual concept about the mutual governance under knowledge economic environment 传统权益理论的局限性在于：其仅仅从计量的角度来认识净权益，忽略了知识经济条件下共同治理的契约观念，没有反映出人力资本所有者应有的权益，它已不能适应会计环境的变化。
From above - mentioned comparative analysis , we can see china is more closer to european continent mode on the environmental factors than that of great britain & american mode , but meanwhile , china ' s existing accounting standards draw experience from great britain & american ' s mode mainly . this has produced such a 通过上述的比较分析，我们可以看到中国目前的会计环境更偏好于两大会计准则模式中的欧洲大陆会计准则模式，但与此同时，中国现有的会计准则又主要是借鉴英美会计准则模式而制定的。
Then , the paper analyzes the accounting circumstances after china ' s wto entry , including the great change of domestic circumstances and the current international affairs influencing the development of accounting principles , and draws the conclusion that the great changes of accounting circumstances causes the challenges faced by the development of china ' s accounting principles 其次，本文详细地分析了加入wto以后，我国会计准则面临的会计环境，包括国内环境的巨变和影响会计准则建设的国际新情况，从而得出由于会计环境所产生的巨变，使我国会计准则建设目前面临的种种挑战。
