Research On Related Question About Assets Impairment Accouting In Listed Companies

Nowadays, with the complication of economic environment and changing of technology, accountants and researchers have already paid close attention to assets impairment. China also made big progress in assets impairment accounting standard. On February 15, 2006, The Ministry of Finance issued"Enterprise Accountants Criterion8th--assets impairment"and some others which are connected about accounting standards,and it will be carried out in listed companies on January 1, 2007. These standards describe the affirmation,measurement,record and the disclosure of accounting in assets impairment. Besides,they also carried on the correlation operation manual and tried to reflect the financial information really and accurately. All of them draw up accounting standards to restraint accounting operation and improve the quality of accounting information. But could the listed companies meet technology difficults in the process of the implementation of the new accounting standards for impairment of assets? How does the new accounting standards carry out the effect? In my opinion ,it has important realistic meanings that researching on its theory and practical problem.This paper draws from the theory question of impairment of assets,discusses the correlation concepts,theories and accounting principles and analyses new accounting standards for impairment of assets in the identification, measurement and information disclosure. This is the core question of assets impairment accounting. Based on the contrast the original and the new accounting standards for impairment of assets which are in effect since January l,2007. This paper points out the advantages and disadvantages of the new guidelines. The technology difficults in the implementation of new accounting standards has been discussed. Then by the analysis of the execution of impairment of assets in the listed companies for recent three years. The paper puts forward some questions about the execution of new accounting standards and points out the reasons for these questions. In the end,the paper puts forward some countermeasures on how to improve China's accounting regulations and the implementation of accounting policy on the impairment of assets.Studies the analysis through this paper, we obtain the following conclusions and the enlightenment:1.Discussing the core contents of impairment of assets accounting including its confirmation,calculation and disclosure and compareing the original with the new accounting standards for impairment of assets, we can draw the conclusion: our country accountant idea transform to property debt view. The new accounting standards system pay attention to the enterprise assets quality formerly even more, emphasizes just reflection of the property debt table to the financial situation really, fairly. Therefore, the enterprise can provides the related information which can meet the policy-maker the need satisfiedly.2. The new accounting standards for impairment of assets not only adjust the enterprise profit, but it cause technology difficulty to listed companies in the implementation in certain extent because the new accounting standards system involves the massive subjective judgments.3. The new accounting standard has realized the new old transformation and the steady implementation smoothly in listed companies in the first year, but still has some problems in the implementation. But still have the problems: the proportion raised of the assets impairment exists haphazardness, the earnings management space still exists, information disclosure is insufficiently .The reasons for the problems: the assets impairment accounting standards involve the massive specialized judgments, the partial assets impairment loss is permited to return, the assets impairment preparation raised has multiple standards.4. In view of above problems in the implementation of the new accounting standards for impairment of assets, the paper puts forward some countermeasures to promote the smooth implementation of assets impairment accounting standards: to cultivate perfect price information market, strengthens the independent audit surveillance, to strengthen management and surveillance to the property depreciation preparation disclosure, to promote the accounting personnels overall quality...