Reconstruction of Accounting Philosophy Based on Chinese Institutions and the Intelligent Industrial Revolution

Speaker：Huang Sujian, Professor, Chinese Academy of Social Sciences

Host：Deng Jiapin, Associate Professor, Lingnan College

Time and Date：10:00, April 21, 2026 (Tuesday)

Venue：W.T.Chan Auditorium, Lingnan Hall

Language：English + Chinese

Abstract：

Traditional accounting philosophy, centered on objects, transactions, and historical measurement, struggles to address the new objects, new constraints, and new forms of evidence—such as data, algorithms, platform rules, carbon, and natural capital—that have emerged under the superimposition of Chinese institutions and the intelligent industrial revolution. Taking Chinese institutions and intelligent technological change as dual anchors, this paper proposes a reconstruction of accounting philosophy.

Ontologically, it sets entry thresholds based on institutionalized existence, and, through institutional encapsulation, transforms new elements into bundles of rights that are identifiable, measurable, disclosable, and verifiable. Epistemologically, it constructs a prediction, governance, and verification (PGV) chain, shifting the credibility basis of accounting from single-point validation to continuous calibration between forward-looking intervals and process evidence. Axiologically, it embeds public values such as ecological civilization, distributive fairness, and data security into recognition and disclosure. Methodologically, it develops governance procedures characterized by cross-entity, multi-cycle, and combined assurance.

Furthermore, two implementation mechanisms are proposed: extended accounting assumptions and institutional encapsulation. With an implementation path comprising mapping, bridging, and piloting, this framework provides a mechanism-based solution for upgrading accounting standards and regulatory systems.

Profile:

Huang Sujian, Distinguished Visiting Scholar of the Institute for Advanced Studies in Humanities at Sun Yat-sen University; Researcher at the Institute of Industrial Economics, Chinese Academy of Social Sciences (CASS); former President of the Chinese Enterprise Management Research Association; former Deputy Director of the Institute of Industrial Economics, CASS; Second-Grade Professor; Doctoral Supervisor; Recipient of the State Council Special Allowance. His main research areas include corporate management and enterprise reform. He has published over 20 monographs and co-authored works, including Theory of the Firm, Changes in the Property Rights System of State-Owned Enterprises, and Reform and Development of State-Owned Enterprises: Institutional Arrangements and Realistic Choices. He has authored or co-authored more than 100 papers in academic journals such as Economic Research Journal, Management World, China Industrial Economics, and Economic Management. He has led over 40 major research projects, including four major bidding projects of the National Social Science Fund of China, as well as general projects of the National Natural Science Foundation of China and key projects of the Chinese Academy of Social Sciences. Many of his research achievements have received academic awards.