A Comparative Study of Chinese and American Accounting Model in the Background of ofo Bicycle

Abstract

The study was designed to explore the development of China-US accounting model. It discussed the different connotations of ofo bicycle in accounting mode. The paper used the PEST analysis method to compare the main influencing factors and related contents. They compared economic, political, social and technological culture and other factors. It presented United States attaches importance to advanced decision-making useful view and our country is pursuing the unity of decision-making useful and fiduciary responsibility. This is the different characteristics of the social environment to adapt the accounting model. China is moving towards the path of international practice. The paper used a new and original method of the PEST analysis to excavate the hot point of ofo bicycle and extend it into the comparison of accounting model. The study indicates that its need to absorb advanced and reasonable ingredients in accounting mode.