Study On Accounting Of Carbon Emission Rights Trading Oriented By Property Rights Protection

The climate change and increase in atmospheric pollution makes the CarbonEmission Rights（CER）trading develops rapidly in global context. More and moreenterprises take part in the carbon emissions trading. The absence of relatedaccounting standards leads to the serious randomness of accounting treatment. Theaccounting confirmation and measurement is the key of CER accounting standards.In this paper, carbon emissions trading accounting recognition and measure mentissues discussed are based on the theory of property rights. It has found that carbonemissions have the product attributes-based property rights and property rights-basedinvestment property through the analysis in power and property. Judging from theeconomic use of carbon emissions, the economic use of carbon emissions can bedichotomized to aiming at the goods attribute and obtaining the investment property forthe purpose of trading. The carbon emissions can be confirmed as "EnvironmentAssets——CER" and "Investment Environment Assets——CER". The accountingmeasurement of CER should be based on the technical and economic measurement as togetting physical volume and magnitude of value. It’s necessary for the coexistence ofcost and fair value at present stage. The carbon emissions trading information disclosurehas also been simply analyzed in this paper.The studies have shown that carbon emissions should be confirmed as "EnvironmentAssets——CER" and "Investment Environment Assets——CER" according to itseconomic use. The historical cost and fair value measurement model should be combined.The carbon emissions accounting recognition should fully consider the economic use ofcarbon emission rights. The recognition and measurement should be adjusted to itseconomic use. Thus it can effectively optimize the accounting ’s function of propertyrights definition and protection. The carbon emissions trading accounting informationshould be disclosed either up the balance sheet or off the balance sheet. The study ofcarbon emissions has established a logical framework and provided an internationalconvergence of thinking for its guidelines.