Soil Pollution Remediation Obligations Of Accounting Research

Soil is one of the most important natural resources to a country; it is also the material (substantial) foundation for human being and the integral part of ecological environment. The protection of soil environment from pollution is the main task of sustainable development for China. With the issued of the related laws for soil pollution, the enterprises will be compulsory for recovery of the polluted soil. The accounting standard of the recovery obligation, with daily accounting, following the sustainable development strategy, will be extremely useful and meaningful by reporting the situation of the soil resource utilization and recovery.The paper first proposes the goal of the research and presents the thesis construction and approaches to the research. Then the auther respectively expounds the three fundamentals of soil pollution remediation liability accounting,i.e., the theory of scarcity of resources and valuableness, the requirement of sustainable development theory and the characteristics of soil pollution and their influence on accounting processing. The paper makes a contrastive analysis, based on perusal of the relevant literature, the practices of the U.S. and Japan in this respect, finding that in the U.S.enterprises and the government are respectively regulated in terms of accounting treatment by appraising their soil remediation liability on a regular basis, which can guarantee more prompt and relevant accounting information. The auther aims at constructing the norms of soil pollution remediation for China's enterprises. At first, the author infers from the principal-agent theory and games theory that the main body of the accounting treatment would also be either the government or enterprises. The second step is to propose the procedure of soil pollution remediation for China's enterprises and the appraisal model of remediation liabilities and further concretes the contents of the norm in terms of items of soil remediation liability, the cost of the remediation liability, the confirming, calculating, reporting and revealing of the liability.The present research is based on the relevant literature on soil pollution remediation, and is widely integrated with other disciplines such as financial accounting, environmental accounting, economics and jurisprudence, resulting in many instructive fruits in the regards of confirming procedure, accounting methods, calculating technique, information revealing and reporting.