Research On The Accounting Problem Of BOT Project Of HM Public Bicycle Rental Company

The construction of public infrastructure is usually the responsibility of the government.However,with the acceleration of economic development and the increasing demand for infrastructure construction,the government often faces the problem of shortage of financial resources.In order to accelerate the pace of infrastructure construction,solve the problem of shortage of government fiscal funds,and attract social capital to participate in infrastructure construction,the BOT model emerged.Urban public bicycles are emerging industries.Because of their public welfare,most of them adopt the BOT model at this stage.The rise of urban public bicycles has brought a lot of convenience to the public and is also one of the benefits of the government.However,with the continuous promotion and application of BOT model in China,there are many difficulties and problems in the accounting.This article hopes to use HM company as an example to explore the accounting treatment of BOT projects in urban public bicycle enterprises,in order to provide relevant reference for the improvement of accounting and the improvement of standards.This paper takes the accounting treatment of BOT project as the starting point and selects HM company as an example to carry out case study.First expounds the evolution of the BOT pattern and its importance,the development status of urban public bicycle,then starting with the most critical franchise property of BOT project,this paper discusses the related issues of the BOT project.After research and discussion,it is found that HM company has some related problems,such as unclear asset identification,the confusion of subsequent expenditure accounting treatment,incomplete information disclosure and so on.For this problems,some suggestions for improvement are put forward,such as the following aspects.Using the single intangible assets accounting model,the information disclosure of the BOT project is perfected,and the accounting treatment of the subsequent expenditure is standardized.In short,with the more and more extensive use of the BOT model in China's practice field,its role in the construction of China's infrastructure is also growing.To promote the healthy development of this model,it is urgent to regulate the relevant accounting to provide more high-quality financial information.