China's Accounting Standards Reform Over the Past Decade: Quantitative Analysis and Policy Recommendations

During the period of 2014-2025, China's accounting standards have undergone several major changes. In order to explore these changes in depth, this paper uses the relevant policy texts collected by Peking University Law Treasure as the data source and uses the LDA model to conduct quantitative analysis. The study reveals the main topics and their distribution covered by the accounting standards change policy texts, covering multiple key areas such as enterprise accounting standards, government accounting standards, industry norms, and accounting personnel training and management, and analyzes the evolution trend of each topic in different years. The results show that the proportion of enterprise accounting standards topics is stable and high, the proportion of government accounting management topics is on the rise, the proportion of industry norms topics fluctuates, the proportion of accounting personnel training and management topics gradually increases, the proportion of accounting information disclosure standards topics is stable and rising, the proportion of corporate leasing accounting regulations topics is changing in stages, and the proportion of accounting standards theory research topics first increases and then stabilizes. Based on this, this paper proposes suggestions such as strengthening standard implementation supervision, deepening international exchanges and cooperation, and improving the financial risk control system to improve the quality and implementation effect of accounting standards, help economic and social development, and provide scientific and forward-looking decision-making references for standard setters, corporate managers and investors to help them cope with the opportunities and challenges brought about by accounting standards changes.