An Empirical Study On Resource-based Enterprise Impairment, Of Asset Provision Motivation

Asset impairment accounting has always been a focus of theoretical and empiricalworld. Asset impairment accounting standards in our country has experienced from the"two","four","eight" meter mentioned the implementation of the accounting standards forenterprises no.8on January1,2007of the accounting standards for assets impairment. Thedevelopment of guidelines to strengthen the quality of accounting information laid a solidfoundation, but there are still some problems. Resource-based enterprises as the mainstayindustry of national economy, for the country’s economic and social development toprovide a powerful material resources protection. Since2010, our country’s economicgrowth slowed markedly, coal, steel, power demand falls, coal, iron and steel resourcesprices began to fall, oil, natural gas prices also have substantial fluctuations. Lower pricesof coal, iron and steel demand has fallen, and under the condition of oil and natural gasprice volatility, enterprise asset impairment should be adjusted accordingly. Based on suchbackground, this paper respectively from the economy and earnings management factorstwo aspects to our country resources enterprise asset impairment provision provisionmotivation for study.In this paper, on the basis of related literature at home and abroad research, accordingto the theory of accounting objectives, conservatism principle, and for future economicprofit of assets theory as the support, analyzed the influence of resource-based enterpriseasset impairment provision motivation, and provides a theoretical basis for the empiricalpart of the hypothesis. Next to the choice of resources enterprise, and explained as theresearch object. Empirical research part, with provision for assets impairment of listedcompanies rate to be explained variable, with total assets of the business revenue growth,net profit margin, total asset turnover, the per capita GDP of logarithmic responseeconomic factors explain variables, smooth on turnround, purge, profit for theinterpretation of the earnings management motivation variables, by assets and year ascontrol variables, through the multiple regression model of factors influencing theresource-based enterprise asset impairment provision in our country are analyzed.Empirical studies have found that the influencing factors of resource-based enterprise assetimpairment provision includes enterprise’s own economic factors also include purgemotives of earnings management and profit motive smooth. Finally, put forward for thespecification of resource-based enterprise asset impairment policy Suggestions.