Research On Assets Impairment Accounting Of Listed Companies

With the continuous development of China's market economy, enterprises are facing more and more competitive environment, causing the management risk and uncertainty factor to increase, corporate profits lose their stability, assets are also faced with the risk of impairment. In order to further standardize the application of the company's asset impairment accounting, ensure true and reliable accounting information, improve the decision usefulness of accounting information, in February15, 2006, the Ministry of Finance issued the Accounting Standards for Enterprises No.8-Asset Impairment. New standard for the recognition, measurement, reversal and disclosure of impairment of assets has been improved, makes more detailed provisions, but it still exist problems such as generality and subjectivity, and involves a lot of professional judgments. In 2014, oil prices continued to fall sharply, petrochemical industry appeared the case of systemic recession. Under this background, how is the application of assets impairment accounting in petrochemical enterprises, what problems exist? With these questions, this paper use 53 petrochemical enterprises as the research object, select the relevant data of 2011-2014, do the research. Firstly, this paper describes the related concepts, theoretical basis, development process and accounting system of asset impairment accounting, and analyzes the possible problems in the application. Secondly, this paper takes the petrochemical enterprises as the sample, through data descriptive statistics, paired sample T test, correlation analysis and typical case analysis, analyzing the application status of assets impairment accounting in China's listed Corporation, and draw the conclusion of this paper. Finally, this paper summarizes the problems in the application of asset impairment accounting, and put forward the relevant policies and suggestions.