A study on the structure and the way of Small and Medium-sized Entities accounting in Japan

Abstract

　In this paper, by examining the transition of the discussions on Small and Medium-sized Entities accounting, clarify the structure of the current small and medium-sized entities accounting, was intended to examine the positional relationship between the large company accounting.

　The verification result, discussion of small and medium-sized entities accounting in Japan, three phases (the embryonic phase, the induction phase and the influx phase) can be divided into, the structure has changed in each phase.

　In the embryonic phase, bookkeeping, audit and law in the need to distinguish large and small companies have been recognized.

　In the introductory phase, large entities and small and medium-sized entities, the need to distinguish the characteristics of the entities has been recognized in accounting. The idea of a single standard and double standard has been discussed as a way to partition.

　In the influx phase, small and medium-sized entities accounting is two-phased by approach in top-down and bottom-up is used, it became a structure that called a hybrid type in which both are used in single standard and double standard ideas.

　However, in the structure called a hybrid type, it is not possible to distinguish clearly the small and mediumsized entities itself. Therefore, it is desirable to unify the small and medium-sized entities accounting. In the discussion of small and medium-sized entities accounting, “Importance of Book Entrys” are claimed consistently from embryonic phase. To achieve this claim, with a deductive approach to build a framework through the concept derived by the “characteristics of small and medium-sized entities”, it is required way to configure the accounting standards for small and medium-sized entities.