Research on the Legal and Accounting System of Smaller Entities in Japan

(1)2004年研究日本中小企业的法律的和会计制度。在本研究中，我认识到中小企业会计的进展取决于日本金融厅的政策。这种政策被称为“关系银行”。在这一政策中，中小企业被要求更准确的财务报表，以获得良好的贷款从银行。(2)2005年研究英国公司法和中小企业政策。在英国，小公司会计准则的豁免（小实体财务报告准则）已经制定，并广为人知。今年，1985年的《公司法》进行了戏剧性的现代化。FRSSE可以成为日本小型实体会计准则的典范。2005年，日本公司法（以前称为商法）制定。这部法律与英国的新法案非常相似，因为这两部法律都首先关注小公司。(2)2006年是本研究的最后一年，日本公司法新引入了会计董事制度。该系统是为了准确的中小企业的财务报表和会计主任的指南发布。我研究了日本的中小企业指南和会计准则。由于中小企计划现已推出，下一步是要检视这些系统的表现。

(1) The year of 2004This year I researched on the legal and accounting system of SMEs (Small and Medium seized Enterprises) in Japan. In this research, I realized that the progress of accounting for SMEs depended on the policy of the Financial Services Agency of Japan. This policy was so called "relationship banking". In this policy, the SMEs were demanded more accurate financial statements to get good loans from the bank.(2) The year of 2005In this year, I researched English company law and policy of SMEs. In the UK, the Exemptions from accounting standards for small companies (Financial Reporting Standard For Smaller Entities (FRSSE)) was established and was well known. And this year the Company Act of 1985 was modernized dramatically. The FRSSE could be the model of accounting standard for smaller entities in Japan. And in 2005, the Company Law in Japan which was formerly known as the Commercial Law was established. This Law is much resembled with English new Act because the both law focused small company first.(2) The year of 2006The last year of this research, the Accounting Director is newly introduced in Company Law in Japan. This system is to accurate financial statements of SMEs and the Guideline for Accounting Directors is published. I examined this Guideline and Accounting Standard for SMEs in Japan. Because the scheme for SMEs is now introduced, next step is to examine the performance of these systems.