Study On Accounting Problem Of PPP Project

In order to meet the needs of social development,urban traffic construction is developing rapidly.However,the existence of various "urban diseases" such as traffic problems not only troubled people's daily travel,but also impeded the economic development of cities to a certain extent.Therefore,the emergence and development of urban rail transit has reduced the pressure of some "urban diseases",has become an important way to solve public transportation problems.It plays a decisive role in public transport and develops rapidly.However,due to the city rail transit construction exists many problems,such as the large demand for funds,the less financing channels,the low construction efficiency and the difficulty to ensure the effect,only relying on the government can‘t completely meet the current traffic demand.PPP project mode was introduced timely.As a typical PPP project of the national urban rail transit industry,X project is in the construction stage.It is necessary to carry on the follow-up evaluation,analyze the core points of its accounting,and point out its prediction problem,so as to provide suggestions for the development and application of PPP project mode.Firstly,the basic concept of PPP project,participation and mechanism of pay were summarized.Then the PPP project accounting standard was sorted out.After summarizing the situation before the PPP project in China,taking the X project as a typical case and dividing the process to preparation stage,financing stage,construction stage,operation stage and the transition stage,which makes a careful analysis on the accounting treatment of PPP project.Focused on careful analysis of accounting in the latter four stages,and from asset recognition and project assets into government financial statements was reasonable analysed.Through the case analysis,I discovered that there are loopholes in the accounting treatment and the PPP project policy,and put forward some feasible suggestions on the confirmation of the assets,the financial statements of the project assets,the difference between tax and account,the improvement of the accounting and tax policy,and the interests protecting of the social capital party.I hope this paper can make some contribution to the enrichment and perfection of the PPP accounting standards in China,and can provide some practical reference for enterprises.