Research On The Accounting Calculation Of The Highway Concession Investments In The BOT+EPC Model

In2008the Ministry of Finance issued the " Interpretation of Accounting Standard forEnterprises No.2" on the way to the construction of road BOT assets accounting recognitionhas a clear specification, but with road investment projects BOT+EPC mode growing, theproblem is particularly prominent in the BOT+EPC mode highway concession investment isnot clearly defined the circumstances in theory and norms. However, this will affectinvestment under BOT+EPC mode of highway concession is how attributes theory comesfrom equity investments or debt investment, how to define the investment properties of thehighway concession, how to theory come from and what is the specific content of accounting,these problems have begun to affect the listed road construction company’s financial data, onthe issue under the BOT+EPC mode of road concession in accounting for investments inurgent need of analysis.This paper mainly studies accounting highway concession under BOT+EPC mode ofinvestment, including the status of their accounts, specificity, accounting basis, empiricalaccounting and accounting content. Follows:Firstly, through analyzing accounting under BOT+EPC mode highway concessionaccounting situation, pointing out a number of unreasonable issues under BOT+EPC modehighway concession exists in accounting for investments, and confirm the accounting of thehighway from two aspects of investment assets and franchise rights, analysis of theparticularity of the road under BOT+EPC model franchise of accounting.Then, the analysis of the individuality and commonality in the highway concessionBOT+EPC mode of investment, from the perspective of accounting terms, the paper considersthe highway concession BOT+EPC mode of investment within the scope of debt investment,but its own particularity will affect its accounting.Next, because of the uniqueness of the highway concession investment under BOT+EPCmode of accounting, articles exploring theoretical and empirical basis of accounting and inpractice to verify its feasibility stages. Among them, the most critical issue for the highwayconcession under BOT+EPC mode investment accounting, confirmed that a franchiseinvestment spending, the paper suggested that it be recognized as a long-term receivables.Finally, in view of the above analysis demonstrates, this paper presents the details under the BOT+EPC mode highway concession investment accounting, and summarized under theBOT+EPC model in accounting for highway concession investments in research conclusions.