Study On The Influence Of The New Asset Impairment Accounting Rule On Profit

China's economy develops quickly since the Reform and Development. With the new market surroundings changing, accounting rule become more and more reasonable,as well as the asset impairment accounting rule. The purpose of asset impairment accounting rule is to measure the real value of assets, avoid the risks in future and reflect the operating status in order to help the investors making the decision. However, some listed companies abused the asset impairment accounting rule to in the past few years. The excessive earnings management distorts the real value of assets and does harm to the investors. In such a case, the new asset impairment accounting rule makes demand of more viable rule to run.Four years have past since the new asset impairment accounting rule carried out in 2007. It is the time to check the effect of the new asset impairment accounting rule. Does it help the companies deal with the asset impairment accounting treatment? Or dose it help the investors make the decision? This thesis adopts the methods of normative analysis, discuss about the relationship between the asset impairment and uncertainty accounting, the conservatism principle, the accounting information quality requirements and the accounting objective of decision usefulness, analysis the influence of the new asset impairment accounting rule on profit, then propose the improvement opinions.This paper consists of five chapters as follows: Chapter 1 expounds the research background and meaning, the literature review and the research approach. Chapter 2 introduces the basic theorem of asset impairment accounting, including the related concept and the development of the asset impairment accounting. Chapter 3 discuss about the relationship between the asset impairment and uncertainty accounting, the conservatism principle, the accounting information quality requirements and the accounting objective of decision usefulness, in order to explain the importance of the asset impairment accounting. Chapter 4 illustrates the influence of the new asset impairment accounting rule on profit. Chapter 5 proposes the improvement opinions based on the above discussion.