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.

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.

Nonstandard disposal in accountant operation often leads to mistake in weaving profit and loss table.

Firstly it is to analyze the property s debt table and the profit and loss table, then, with the help of the concept and constitution of the customer property, attempt preliminarily to apply the feasibility and the usability of labor force resources accounting in the traditional financial accounting in order to improve the innovating research of the labor force resources accounting theory.

Using the original data of sampling census files of manufacturing business in Taiwan 1996, the author investigates its profit and loss statement structures through neo-Confucian logic and points out the twelve important findings which may be referable for anyone interested in this topic.