Research On Accounting For Assets Impairment

In the circumstance of market economy, with the science and technology growing fast, assets impairment occurs in every enterprise.Accounting for impairment of assets has become the focus of more and more researchers and accountants, owing to the increasing influence of assets impairment. Many regulation bodies in the world and IASC have established rules on accounting for assets impairment in order to regulate and supervise accounting practice. In China, many rules and systems have also been established to regulate the accounting practice on asset impairment.Nevertheless, all kinds of problems emerge in endlessly in accounting practice owing to the particularity of asset impairment itself, especially the list company in many countries adjusts its profit by mean of recognizing the impairment of asset. So, it's necessary and meaningful to attach importance to and study the Asset Impairment issue.The thesis consists of five chapters.Firstly, the foreword explains the aim, the background and the way of the research .In the second chapter, the paper introduces the concept of asset, and then analyse the economic essential of asset impairment and asset impairment accounting. Then, the paper looks back the development course of accounting for asset impairment in and out of china.