Research On The Theory And Practice Of Accounting Of Assets Impairment

Under normal circumstances,some enterprises in order to avoid the risk and improve the reliability of their accounting information,they can be reasonable provision for asset impairment. But in recent years, Some of the listed companies use the flexibility of accounting policies to whitewash the financial reports and manipulate the profit very seriously. Therefore, impairment of assets has become the focus of accounting academics,the research on it has become a hotspot of accounting academics.Thus, improve our accounting standards for impairment of assets is necessary. On February 15, 2006, Ministry of Finance issued the "Accounting Standards for Enterprises No. 8—Impairment of Assets". Which clearly defined Impairment of assets related issues, Strictly make rules of asset impairment accounting recognition, measurement and disclosure of other aspects in response to react the information value of corporate assets. It can Provide high-quality accounting information to corporate investors, creditors, as a criterion in the Accounting Standards in China and an indispensable content, Impairment of assets further reflects the convergence of international accounting standards. At the same time,it consider the condition of our country fully , This criterion has considerable historical significance. However, in recent years ,the economic consequences of its application explored that there are stil many issues to explore.This article explore the accounting for impairment of assets in use of standard methods, and draw on existing research results at home and abroad, deeply analyze the theoretical problem of accounting for impairment of assets ,and combined with the current guidelines in the implementation to analyze existing problems, Identify the relevant reasons, put forward a sound accounting system of asset impairment of a number of recommendations.This article is divided into four parts, the first part is to elaborate the origin of asset impairment accounting and the development process and also describe the basic theoretical issues; The second part introduces the problem of asset impairment accounting recognition, measurement and disclosure of relevant issues; This third part will be contrast our asset impairment accounting standards with the international norms in order to guide the practice of asset impairment accounting. The fourth part analysis of the current guidelines for implementation of asset impairment, find that there are still problems in our asset impairment accounting., and propose how to improve it.