美国财务预测信息披露与监管的经验及借鉴

美国已基本形成了较为完备的财务预测信息披露与监管体系,其主要内容和值得借鉴的经验包括:对财务预测信息内容的完整界定;前瞻性信息和预测性信息区分标准的确立;安全港规则的确立;建立了由财务分析师为主体的独立专家预测体系.目前我国上市公司财务预测信息的披露和监管尚存在不少问题,需要在以下几方面改进和完善:建立完善的财务预测信息披露、监管规范体系,提高财务预测信息供给的有效性;明确企业管理当局对财务预测信息的编制责任;建立适合中国证券市场现实的安全港规则;加强对财务预测信息披露的审核.

Disclosure and Monitoring of the Financial Information: Drawing on US Experience

U.S has established a sound system of disclosing and monitoring the financial information,featuring the comprehensive definition of financial information,the criteria that distinguish between forward-looking and forecasting information,the setting up of the safety regulation,and the forecasting panel composed mainly of financial analysts.In light of these features improvements on the following aspects of financial information disclosure and monitoring in China should be made establishing a sound system of disclosure and supervision,increasing the availability of information,defining the responsibilities of managerial personnel involved in the information forecasting in clear terms,and establishing the safe port rules in tune with China's specific conditions,and enhancing the scrutiny of the financial information.