Corporate Emissions Trading Accounting Research

Compared with the measures based on administrative command, emission rights trading institution, as a new market oriented measure to deal with firms' pollution, has greater advantages. It fully exerts the market mechanism on the collocation of environmental resource, realizes low cost pollution management through the emission rights trading on the premise of total amount control, and helps to protect environment and maintain economic sustainable development. So, base on successful experience from foreign countries, China tries to implement emission rights trading. Under the expansion of emission rights trading, the major question faced by the enterprises in China is how these tradable emission rights should be felicitously accounted for. Thereby, this dissertation focuses on analysing accounting for tradable emission rights.This dissertation mainly discusses the issues related to accounting for tradable emission rights by normative method and case study method. Specifically, starting from the emergence of emission rights, we fully discuss related economic theory, classification of trading scheme and set up the fundamental theory of accounting for emission rights. Then, based on the theory set up in the previous chapter and the characteristics of the tradable emission rights, we conduct a comprehensive analysis on the recognition, measurement and disclosure of the emission rights. Furthermore, through the analysis of case, in reference on the basis of accounting theory, we carry out a detailed analysis on the issues related to accounting for tradable emission rights of an enterprise according to China's actual situation. In the last, we draw the conclusion, point out the shortcomings in this paper and look into the further improvement in the future.The author believes the result of our research will benefit the development of China's emission rights trading institution.