Research On The Assets Impairment Of West-to-East Gas Pipelinecompany. CNPC

As the development of the west-east pipeline company,the scale of company increasesunceasingly.This becomes a serious problem about how to account company's assetsrationally and confirm the impairment provision of company asset. But the new accountingstandards lack the processing maneuverability of asset impairment. This paper discussed andanalyzed.On the basis of the new accounting standards and the measures for the administration ofasset impairment and the experience foreign asset impairment of measures,this paper willclear west-east gas transmission pipeline company all kinds of assets nature, classification,working environment, technical and economic conditions and study the Impairmentprocessing Under the new accounting standards and the measures for the administration ofasset impairment.First, combining west-east gas transmission pipeline company's actual situation, theinternational financial reporting standards,the enterprise accounting standards and themeasures for the administration of asset impairment,the paper will reasearch asset impairmentsigns, assets impairment test principle and method of all kinds to explain the specific assetimpairment of recognition and measurement, the examination and approval and impairedasset accounting, etc.Secondly, based on the impairment of spare parts for purpose, this paper analyses thecharacteristics and puts forward the spare part impairment concrete ideas and methods. Thedivide of Group assets is one of the emphases and difficulties.This paper put forward twoideas to solve the problem.And this paper uses the future cash flow as the recoverable amountof the asset, and provides specific calculation method to strengthen asset impairment of apipeline deal with maneuverability.Finally,this paper analysises the company's assets on the basis of the financial data ofwest-east gas pipeline company and realizes the assets management measures of physical form and value form unified,and provides financial support for implement assets valuemanagement and asset security management.