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Comparison of accounting system between China and America Culture have a significant impact on economy,obviously,Accounting will be constrained and influenced by it.In this article,we selected to compare China and the United States. The first aspect,we analyze their accounting differences by Hofstede’s five dimensions. 1. Hofstede’s five dimensions 1.1 Individualism versus collectivism First we will talk about the interpersonal identity and the degree of attention.Chinese culture advocate collectivism.Because people depend on each other.In the individual and collective interests conflict, we choose collective interests in the first place.It is different from the USA culture, America culture advocate individual freedom and the pursuit of personal interests.Therefore, America financial accounting information is mainly in order to meet the needs of individual users, but China will first to satisfy the need of information organization. Chinese enterprise accounting standards clearly defined accounting information must be consistent with the requirements of national macro-economic control.In this objective of accounting of our country, the accounting information in China should first meet the needs of macroeconomic management, which can not be said to embody the cultural characteristics of Chinese collective in the formulation of accounting standards. America proposed the preparation of financial reports shall be present and potential investors, creditors and other users in the first statement of financial accounting concepts, provide useful information, so as to make the rational investment, credit and other similar decision.The investors and credit of the information need to be placed in the most prominent position, and the need of state or government is not explicitly mentioned, it should be said, this American individualistic culture just come down in one continuous line. 1.2 large versus small power distance “Power distance is the extent to which the members