Confirmation Of Accounting Elements Of Enterprise Emission Trading

PM2.5, haze problems become more and more serious, people pay more and more attention to the problem of environmental protection. Since twentieth Century 70 years putting forward the concept of emissions trading, to take the market as the guidance and effective environmental management through emissions trading, more and more government and enterprises recognize it. Then how to deal with the accounting of emission rights trading has become a hot spot of research, the scholars after years of exploration, so far no unified standard come true. In the accounting elements of recognition problems, all the countries in the world are basically put emission rights recognized as an asset, but it is confirmed to be the kind of assets. In USA, the FERC think emission is defined as an intangible asset; in Japan,the Kyoto Protocol as the standard, will be held by enterprises for pollution discharge right to define their own use as intangible assets, for trading emission rights is to should be regarded as financial instruments; unceasingly in my Chinese scholars also argue, most scholars believe that emission should be confirmed as intangible assets, few scholars believe that should be confirmed as inventory, carbon trading has become mature, many scholars also think emission can be regarded as a kind of financial derivative instruments. Emission right initial measurement and subsequent measurement using what kind of measurement attributes. The problem is mainly concentrated in the historical cost measurement is measured at fair value.Based on the above viewpoints, this paper mainly based on regular research combining with the related cases, discusses the problem of the accounting of emission rights. First, analysis of the emission rights respectively from the angle of economics and accounting theory angle.The characteristic feature and inventory will of emission rights and intangible assets to do comparison and induction, finally the emission rights recognized as an intangible asset. Then the emission of different market analysis.The author believes that, in the open and active market, fair value measurement model used shall be of emission rights; on the contrary, in the non active market, it should be measured through the cost pattern.