Asset Impairment Accounting Of Listed Companies In China

According to the basic principle of economics-" the price fluctuates around value ", in real economic society, objectively, the market price of the asset or value must inevitably face the volatility of the ups and downs. Therefore, based on the accounting principle of prudence, and about the impairment of assets are going to be mentioned in the presence of the enterprise management. As the global economic integration pattern of the formation, high-tech developed quickly and applied, the product life cycle shortens greatly, enterprise management face greater risks and uncertainties, and the accounting information authenticity and reliability become the common concern of economic circle. More and more attentions have been paid on the problem of "asset impairment", various regulations have also been issued. The regulations published at the end of 2006 and provided it must be issued since January 1,2007 as the implementation of the new enterprise accounting standards on the accounting standards in the way of revision and improvement. But at the same time a new problem subsequently produced:in the new standard for impairment, had the provisions of the accounting standards really realized the purpose of the makers of earnings management behavior to prevent the earnings management happen. In order to get the verification, the author selected representative listing companies in each profession, analyzed and research it using standard research methods. Through the analysis, the author found that the new guidelines prescribed in the long-term assets impairment, in the later accounting period provision, once upon accrual, shall not be switched back, the provisions, in a certain extent, it limits on some of the listed companies to use this method to manipulate earning, but at the same time, another problem emerges, that is listed company will achieve their goals through the will of long-term assets devaluation presenting to reach the same adjustment, and we can also see from the collected data, most of the listed company adjust their profits through the provision for impairment of short-term assets, relatively, the proportion of long-term assets for the impairment of the provision in the provision impairment of assets of listed companies the total of the proportion is rather small. The full text divided into five parts, the first part is the introduction, mainly introduced the research background and significance of listed property depreciation in our country, and sum up the research of related literature, introduces its research methods and content system; establishes the foundation of the full text. The second part elaborates the relevant concepts and theory of asset impairment, roughly includes what is asset impairment, what is preparation asset impairment, how to recognize assets devaluation accounting, measurement it and disclosure it, how to asset impairment and turn back. Based on the theory understanding of asset impairment can help us to carry on the detailed and intuitive understanding, to master its economic substance, and thus analyze the detailed analysis. The third part collects the listed company data, and carry on the detailed analysis that the main problems existing in the accounting standards in the implementation of the process in China. The fourth part analyzed causes of problems existing in the asset impairment and put forward the corresponding suggestions and measures for improvement of listed company. The fifth part summarizes the basic conclusion and innovative points, and the defect existing in the research process.