Study On Theory And Practice Of Accounting For Forestry Biological Assets Based On Stakeholder

As the important role of forestry in ecological environment construction being more and more prominent, along with the speeding up and promotion of economic globalization, the number of related forestry enterprises in China have gained rapid growth, the scale of the enterprise is also gradually expanding, the shortage and low quality related information of forestry accounting are increasingly unable to meet the information demand of forestry enterprises stakeholder, thus it’s high time to improve and perfecting the standardization of the system. This study, provide the theoretical basis and practical guidance for the current forestry enterprises, especially for the listed companies, to solved urgently the reconstruction and accounting information disclosed. This study not only provides support for forestry enterprises to foreign investment and financing but also provides support to improve the accounting information quality of forestry assets disclosure for other stakeholders, on the one hand it can realize the profit of enterprise funds flow, optimize the allocation of resources; on the other hand, it provides the conditions for the comprehensive evaluation of the financial performance of forestry enterprises.All the paper is divided into4parts. Firstly, based on the analysis of background and theoretical basis, the paper defines the stakeholder and analyses their requirements, especially the information requirements of stakeholders as society man. Then, the paper analyzes the status and problems of forestry listed companies biological assets accounting in China. It Analyzes the descriptive statistics of forestry listed companies biological assets accounting and information disclosure, selected from the listed companies annual report2012. The paper concluded that the forestry biological assets accounting problems in China, including the lag construction of accounting system being simple, accounting object is not systematic enough, forestry biological assets accounting information disclosure is not standardized, intrinsic value and its change cannot reflect the problems of forestry biological assets. Secondly, the paper discusses the influencing factors based on the accounting behavior of forestry biological assets, It pointed out that we should perfecting the forestry biological assets accounting behavior and enhance the supervision of it through analyzes the interests of the target, its coordination mechanism of forestry biological assets accounting, and the game analysis of forestry biological assets accounting behavior. At the same time, based on a shares in Shanghai and Shenzhen two city,2007～2012annual report, from an empirical point of view, the paper analyses the impact that shareholders, the operators, accounting people and government have on the forestry biological assets accounting. The empirical results obtained the following conclusions: The government is negatively correlated with risk, while the shareholders, managers, accountants and forestry biological assets accounting risk positive correlated, at the same time the four effects on forestry biological assets accounting on different degree. Thirdly, in order to avoid the risk, the paper studies the necessity of the perfection of forestry biological assets accounting theory and key areas, designs the forestry biological assets accounting objectives based on the requirements of stakeholders,develops the forestry biological assets accounting assumptions, accounting principles, discusses the perfect strategy of the forestry biological assets accounting recognition, measurement and disclosure, innovatively defines accounting concept of "canopy", gives specific accounting of wood assets, forestry various grants and woodland assets and·other major special service, and puts forward some methods for specific accounting practice. Finally, The paper explores the security system of forestry biological assets accounting based on the stakeholders, puts forward that the emphasis on stakeholder participation, strengthening environmental legislation, strengthening environmental economic policy, refinement of forest biological assets accounting standards, and strengthening the accounting standard of internal coordination mechanism, are the important connotation of the system guarantee.The innovation of this article is that it systematically studies and perfects the theory system of the biological assets, promotes the standard on capitalizing and expensing of wood asserts--accounting concept of "canopy", and puts forward a well-targeted solution to the main special forestry biological assets practice on the basis of the demands of stakeholders on forestry biological assets accounting theory system.