Furthermore, the problems related to accounting standards mechanisms is not only an important part in accounting theory but is also a practical problem which need to research and improve accompanying with the changed economical environment.

The science of the accounting system standards within itself in our country is not good enough: The variety of the accounting policy choice enlarges the possibility of false accounting information;the modification of the fair value in certain accounting system affects the relevance of accounting information;current accounting system will result in the problem of the secret reserve.

So this article is to review the construction of the accounting standards for oil and gas industry in the world, and analyzes the situation in China, then it presents some advice for the construction of such standards in China.

The accounting standards for oil and gas industry (ASOGI) is establishing, thus international practice should be learned.

Furthermore, the problems related to accounting standards mechanisms is not only an important part in accounting theory but is also a practical problem which need to research and improve accompanying with the changed economical environment.

This paper discusses on the developing direction of our country s accounting regulation,the developing direction of the accounting service market,and the developing direction of the accounting computerization.

Tax law and accounting regulation respectively have their own aims,principles and standards.