The Study Of Carbon Accounting System Construction

The increasingly prominent consumption of natural resources and environmental issuesmade low-carbon economy become a widely respected economic development model incountries. With the convening of the Environment Conferences and the signing of agreements,carbon transactions are born. The growing of the carbon trading market and maturing of thecarbon trading mechanism make more and more enterprises participate in the carbon trading.Carbon trading sets off a new upsurge of the study of accounting—carbon accounting.Because of the specialist of carbon trading and the absence of carbon accounting relatedprovisions, the accounting of carbon trading still accords to the Accounting Standard forEnterprises in China. It results a series of problems on the recognition, measurement anddisclosure of information of the carbon trading. Therefore, the study of the construction ofcarbon accounting system is the enrichment and development of the accounting discipline,enriches the study of accounting academic. Secondly, with the construction of carbonaccounting system, macroeconomic management, investors in capital market and other usersof accounting information can get carbon accounting information. The users can consider thecapacity of enterprises' development and social responsibility in comprehensive to prompt theenterprises product with low-power and low-emission. In short, the construction of the carbonaccounting system has an extremely important theoretical value and practical significance.This paper studies on carbon transactions and bases on the financial accountingframework and theory, trying to construct a carbon accounting system that can be used byenterprises in China's low-carbon economy. According to the characteristics of carbontransactions, the transactions are classified to be recognized, measured and disclosed. At last,validate the system with case analysis. First, through the normative analysis, this paperanalyzed and summarized the existing research literature about carbon accounting. On thebasis of the introduction of carbon accounting content and related theories, this paper analysesthe relationship and differences between the carbon accounting and financial accounting,environmental accounting. On the other hand, this paper analyses the obstacles, necessary andfeasibility of carbon accounting. The study of construction conducts on this basis. In theconstructing, the system should achieve a certain accounting objectives firstly and there aresome rules to follow. As the same as the financial accounting, carbon accounting divided carbon transactions into six elements, namely carbon assets, carbon liabilities, carbon owner'sequity, carbon revenue, carbon cost and carbon profit to account the transactions. Combineswith the accrual business, the recognition, measurement and disclosure of carbon accountinginformation is specified to projects. After that, the protections measures that insure carbonaccounting can be implemented are put forward. Finally the use of case studies is to validatethe feasibility, and scientific carbon accounting constructed to achieve the target of theconstruction of the carbon accounting system.