Research On Countermeasures To Improve Accounting Standard Of Biological Assets

On January 1,2007, China's listed in the company the full implementation of new accounting standards, a series of guidelines issued by the Treasury on February 15,2006, includes 1 basic accounting standards and 38 specific accounting standards, the 5th the business accounting standards--to regulate the biological assets of agricultural enterprises, agricultural enterprises in agriculture and the biological assets related to the accounting treatment and disclosure of information provided by it. In the world economic integration of the international environment, the biological assets of the International Accounting Standards and Guidelines of the agricultural> compared with 41, which reflects the convergence, and in many aspects of the Chinese characteristics, the Ministry of Finance in accordance with the deployment of three years will be the main guidelines for accounting in the promotion and so far, the biological assets of listed companies in more than three years, its actual effectiveness of the implementation of the problems and difficulties, the guidelines of the current biological assets related to the improvement of the issues are addressed. As a kind of biological life and property assets are the special assets, mainly in the agricultural listed companies, information on the relative concentration of biological assets, in view of this, the paper listed companies in 2007-2009 agricultural biological assets of the guidelines range of financial information, based on specific criteria of No.5-Biological Assets standards improve and perfect a study to explore the biological assets of listed companies of Agriculture guidelines for the implementation of the practical effect of the design guidelines in order to find the problems and challenges and put forward countermeasures and suggestions for improvement, as further improve the standards of biological assets to give personal opinions.The paper mainly uses the method which the standard research and the real diagnosis research unifies.Has applied the comparison research technique specifically in the research process, on the one hand has crosswise compared our country biology property criterion and the international standards homoplasy and the difference; On the other hand longitudinal has compared around the agriculture to be listed criterion execution the accounting work different request.Has mainly utilized standard research techniques and so on the induction, deduction in the basic theory part; In studies our country Agriculture To be listed for 2007-2009 year to carry out in the biological property criterion realistic condition, has carried on the real diagnosis analysis using our country stock market correlation data.In system, first, through our biological assets IAS41 standards and norms of international comparison of Agriculture, pointed out that the criteria of biological assets and the international differences in accounting standards of agriculture; second, described the main criteria of biological assets for enterprise content and biological criteria Asset Accounting request; again, focusing on the use of financial reports of listed companies stock market agriculture related data, on Listed Companies in China's agricultural status of the implementation of guidelines for biological assets for statistical analysis; Finally, the aforementioned theoretical and empirical analysis based on put forward countermeasures and suggestions to improve standards.First, to improve the recognition and classification of biological assets, including:expanding the existing range of biological assets specification standards, recognition and measurement of agricultural products into the "biological assets" guidelines range; will produce further divided mature biological assets and non-biological maturity assets.Second, improve the measurement properties of biological assets, the relevant provisions of the fair value of biological assets and further promote the implementation of efforts. Include:fair value of biological assets related to mandatory disclosure of information requirements; with the actual classification of biological assets at fair value options.Third, improve the biological assets depreciation policy. Include:improved method of biological assets; specification of the depreciation element of biological assets.Fourth, the full disclosure system for biological assets. Include:a clear biological assets carrier and disclosure of information disclosure; detailed information on the risks and benefits of biological assets; strengthening of consumable biological assets disclosure of information; further strengthen the quantitative information of biological assets disclosure.This article may be innovative in biological research from the perspective of the relevant assets accounting standards, with a view to identifying problems and propose measures, rather than on guidelines on standards and guidelines for the improvement of the biological assets of the practical significance, but the data and information gathering, relying on the Limitation of securities market financial report, the more specific financial accounts failed to obtain information, so that the specific measures and recommendations of the existence of a certain limitationsFinally this article draws the synthetic study conclusion to believe that, the biological property criterion is our country item of brand-new accountant the criterion, its promulgation and forded the agricultural enterprise related biology property for Our country Agricultural enterprise the accounting to provide the basis, simultaneously has also demonstrated our country accountant the criterion and the international trail connection; Looked from three year implementation statistical data, although criterion system specification with biological property correlation accounting, but reflected in the design stratification plane waits for in the promotion and the improvement space, suggested further formulates the correlation biology property criterion executive regulation.Because theoretical level limited as well as experience lacking, the above idea also insufficiently is possibly accurate and mature, this will all wait for in myself next work and the study unceasingly the thorough research and the discussion, will obtain by the time tends to the mature opinion.