This paper analyses new accounting standards from balance sheet and income statement viewpoint,and points out limitations of 《CAS》and possible problems in next decades.

At present, the ways of accounting falsifying has become increasingly reality, the income statement is the heavy disasterarea of the business finance report.

This paper discusses the shortcomings of the profit statement based on the New Enterprise Accounting Standard.

By using a profit statement and statement of Cash flow, this paper analyzes the profit quality differentiation among tourism companies, explains how to make contrastive analysis in the light of cash flow and proposes index for evaluating profit quality.

Exploring scientific,reasonable structure and format of profit distribution forms,which helps better to suffice rational understanding and appropriate analysis exercise of accounting information analysis for its users.