Study On The Accounting Recognition And Measurement Of The Productive Forest Assets

On the influence of the green economy and sustainable development theories,the production and management of forest resources is concerned by people,It is the main project of the forestry operation and management enterprises.Its content is extremely broad and various.The most important part of it is timber assets.during a long time of the past,forest assets could not be used as an asset,then was brought in the accounting category of the forestry enterprises.On the one hand,it directly affects the accuracy of the accounting information provided by them;On the other hand,it will lead to forest resources scattered outside the account statements,as it lacks the restriction of various of rules and regulations,then the extravagance and waste of forest resources will be a serious problem.Therefore,we urgently need to put the productive forest assets as an important resource,and bring it Into the accounting system of forest management enterprise for accounting.In the forest assets,the productive forest assets is the most typical and characteristics.In the entire accounting process,accounting recognition is the starting point of the whole system;the accuracy of accounting recognition will directly affect the accuracy of other sectors of the system.The ultimate goal of accounting recognition is to accounting measurement,what is more,the accounting measurement is the premise of the accounting recording and reporting.Therefore,we can say,in the whole system of accounting,the accounting measurement is a core transition part,In summary,we focuse on studying the accounting recognition and measurement of the productive forest assets in this paper.The research priorities of the paper is the accounting recognition and measurement of the productive forest assets,the approach includes theoretical aspect which is the comparative analysis and empirical aspects which is the questionnaire survey and the case analysis.The entire article firstly introduces what is the the roductive forest assets and its characteristics,secondly,analyzes the basic assumptions and information requirements of the accounting recognition and measurement of the productive forest assets that we should be followed.Thirdly,focusedly analyzes the content of its accounting recognition and measurement,then,in terms of its recognition and measurement,uses experts questionnaire and case analysis to make furter analysis.Lastly,On the base of the front analysis,we put forward some suggestion in terms of the accounting recognition and measurement of the productive forest assets.The main contents of this paper are the following:Firstly,after elaborating the total research situation of domestic and foreign on the accounting recognition and measurement of the productive forest assets,l point out the object of study-the production of forest assets,then,analyzes the meaning of the productive forest assets,its characteristics and the basic premise of the assumptions and the quality of information that we should follow during the process of its accounting recognition and measurement.what lays the groundwork for the following fully carry ing out its study.Secondly,focusedly analyzes the content of its accounting recognition and measurement,divides the accounting recognition into two stages,and stresses that we should consider its special features in its confirmation process.In terms of accounting measurement,firstly,introduces the three elements of the accounting measurement,secondly,analyze the advantages and disadvantages of using historical cost and fair value measurement to account productive forest assets,the conclusion is that during the accounting process of the productive forest assets,the historical cost is considered as the current best choice.Then on the basis of focusedly analyzing why fair value is inappropriately used during the current in China,then we derive a conclusion that more advanced and mature forest management companies can lead to have a try to obey a rule that "historical cost measurement as a main measurement attributes,while the assessed value(fair value)as a supplement measurement attribute " to measure the productive forest assets,which can play a transition role for using fair value in the future,subsequently,we propose the main accounts or accounts which forest management units should be set during the accounting process of the productive forest assets,and then analyze the measurement issues on the changes in fair value.Thirdly,we use questionnaires and case studies to empirically analyze of the accounting recognition and measurement of the productive forest assets,we conclude that we should remain using historical cost insteading of fair value to measure the productive forest assets,but we also advocate mature forest management units to pioneeredly use the fair value measurement attribute as a a supplement.The eighth chapter of the paper present four relevant policy recommendations from four aspects on the accounting recognition and measurement of the productive forest assets.The main conclusions of the article are the following:Firstly,the accounting recognition of the productive forest assets is different from the general assets becausing of its own particularity Secondly,the fair value is a composite measurement attributes,in some cases,it can be equated to other measurement attributes.Thirdly,currently,we should try to obey a rule that "historical cost measurement as a main measurement attributes,while the assessed value(fair value)as a supplement measurement attribute”to measure the productive forest assets,Fourthly,during its accounting recognition and measurement,we should set specifically associated accounts.Fifthly,we should constantly improve the conditions of using fair value,the purpose of which is to lay the foundation for fully utilizing fair value.