Studies On Accounting Problems Of Asset Impairment

This thesis carries out studies around the impairment of assets in new accounting standards for business enterprises. This paper makes systemic research on the theories and methods in the impairment of assets .In Chinese stock market, affected by various factors, the asset value of most listed companies have been overvalued for a long time. The"bubble"of the assets on the financial report of listed companies has severe impacts on many aspects, such as disturbing decision-making for the information collectors, depressing investors'confidence to the companies and harming the economy development. In order to change the situation, around 1999, Treasury Department released the regulation supplement and accounting rule for allocating impairment of assets reserve on short–term investment, inventory, receivables, long-term investment, fixed asset and intangible asset to provide some regulations on the impairment of assets accounting. In the end of 2000, the new released"Enterprise Accounting Criteria"defined"asset"in a new scientific way and emphasized the execution of assets depreciation accounting policy to develop assets accounting gradually. However, it was only around 10 years for the development of assets depreciation accounting in China; consequently, there was still a long way to go both in practice and in theory.This Paper discusses the confirmation, calculation and disclosure of assets depreciation accounting from the basic theory of impairment of assets accounting. Then the impacts on the execution of the assets depreciation accounting policy by the motivation of surplus management have been proved prominent by the analysis of the execution of assets depreciation accounting policy in the listed companies. Finally, according to deficiency of the theory of impairment of assets accounting both in theory and practice in China, the suggestions on amendment are put forward. The whole paper is composed of five parts:...