Forest Resources, Assets Assessment Methods Discussed

With increasing changes in property rights of forest resourcesassets(FRA) in our country, we are in urgent need of establishing a set ofscientific, objective, just, reasonable and workable valuation standards, workprocedures and valuation techniques in line with FRA's characteristics,so asto meet the needs of forest resources assets valuation(FRAV).Chapter 1 of this paper introduces the basic theory of assets valuation,the relevant knowledge of FRA and FRAV.Chapter 2 applies the three basic approaches of general assets valuation,integrates FRA's characteristics, puts forward eight basic methods andformulas for valuating the FRA, analyses the calculation methods of thediscount rate and modification coefficient, as well as explores how to selectthe valuation methods according to the different FRA types, valuationpurposes, value varieties and data collection. Chapter 3 researches the valuation methods application of the stumpageassets, which is tangible FRA. Valuating the timber forest assets is accordingto its age and age configuration to choose valuation techniques;valuating theeconomic forest assets is according to its growth stage to choose valuationtechniques;valuating bamboo forest assets is according to whether mature tochoose valuation techniques;valuating special purpose forest assets isaccording to forest characteristics to choose valuation techniques;valuatingthe shelterbelt assets is according to forest types to choose valuationtechniques.Chapter 4 explores the valuation methods of forest landscape assets,which is intangible FRA. It incorporates FRAV's basic methods and forestlandscape appraisal techniques, puts forward four valuation methods, andanalyses the problems in the process of application.At present, in order to ensure FRAV's outcome objectivity and justness,it is imperative to establish a model for forecasting FRA income andmodification coefficient system of FRAV,as well as perfect the FRA file soas to enhance the management level of FRA.