The authenticity of accounting information is of great value to micro-enterprises and macro-economic operation. This paper analyzes the causes of distortion in terms of corporate governance structure, accounting intermediaries, government departments, laws and regulations, etc. And then it is suggested that the measures should be taken to correct the distortion of illegal accounting information from the following aspects:perfecting the corporate governance structure, strengthening the management of intermediary organizations, improving the supervisory ability of government departments, and establishing and perfecting laws and regulations.