The Research On Guiding Of Accounting Professional Judgment Of Assets Impairment

The world-wide change of Accounting Standards and the development of economichave a huge impact on accounting practice, mainly displaying in the dominant positionof Assets and Liabilities View, the increasing space and difficulty of the AccountingProfessional Judgment, and the economic activities are becoming increasinglycomplicated，and so on, which are particularly serious in Asset Impairment Accounting.At present, Asset Impairment Standards of China developed by leaps and bounds, and itis a kind of“principle”guide，increasing the dependence on accounting personnelprofessional judgment, however，facing of complex impairment matters, ordinaryworkers in the process of accounting practice cannot deal with, so the implementationeffect is bad. To this, in this paper，we will do research on guiding of AccountingProfessional Judgment. in view of the problems in the implementation of theprofessional judgment to lead study, in order to solve the execution of Asset Impairmentstandards, and give some help for high quality professional judgment.In this paper，based on the study of a number of literature, and combining thecurrent asset impairment execution, we make sure the necessity of strengthen theguiding of professional judgment，and take it as the main research contents, thennormative study is needed, based on the Assets and Liabilities View, the AccountingProfessional Judgment guiding system, and knowledge transformation theory，we willdo our research.Different from previous studies, in this paper，we take Assets and Liabilities Viewas basis, not only for the expansion study of relevant content，but also, even moreimportant is that，we can identify new guide ideas for research on guiding of AccountingProfessional Judgment. Assets and Liability View emphasizes on the nature of the assets,making accounting theory and accounting standards in the logical consistent. However，by further research on Accounting Standards we find that, its ideas is not same as theideas of the accounting standard system, ignoring the important position of the nature of assets, which is considered as the key problem. So we will classify of assets by thenature of the assets, and then do study on guiding of Accounting Professional Judgmentof Assets Impairment. In addition, we still need the right guide method, making use ofknowledge transformation theory. In the past，Ikujiro Nonaka presented a view of SECIknowledge conversion mode，which we will take for reference. Through research，wewant to help accountant deal with Accounting Professional Judgment of AssetsImpairment. According to the research results, accountant can have more knowledgeabout Asset Impairment, and in asset impairment practice，clear workflow and judgmentbasis can be followed.The research is main to perfect the research on guiding of Accounting ProfessionalJudgment of Assets Impairment, in this paper, we use new ideas and new method, so toinsure Assets Impairment Standards’ logic consistent with Accounting system’. Basedon that, the author thinks our research can promote effectively performance of thestandards, no matter for asset impairment or for accounting professional judgment, theresearch both reveal some development in theory and significant meaning to practice.Finally, there is still improvement room for research, as well as shortage, however, theauthor hopes our research give further study some help.