Study On Accounting Processing To Affreightment Businesses Of Shipping Companies

In order to adapt various transportation demands of different cargo and trade contracts, and to fully utilize shipping transportation capacity for the maximal economic profits, the shipping companies not only do transportation by owned ships, but also develop affreightment businesses actively. Nowdays, affreightment has became one of the main businesses in international shipping market, voyage charter, time charter, dimise charter and finance lease are the common ones. This paper is mainly researching the accounting processing of these affreightment businsses.The research of affreightment businsses mainly focused on the contact and example analysis before my study, and all of them took kinds of affreightment businsses in separate way. However, the paper is defining these affreightment businesses and dividing them into two types: hire-transportation and property leasing. The type of hire-transportation includes voyage charter and time charter, and the type of property leasing include dimise charter and finance lease. This paper takes the study method of criterion analysis as well as example analysis to make a comparatively complete research on the issues above. Firstly, the writer gives the definition of the affreightment businsses, then proposes the accounting processing of these affreightment businsses. The contents of this paper are listed as following:Chapter One discussion on the title of the paper, a relatively comprehensive review of the result of previous research and the introduction of the study method of the paper.Chapter Two analysis on the features of the accounting processing of these affreightment businsses, and put their problems forward.Chapter Three and Four give the detail of leasing rules of enterprises and the explanation of affreightment businsses to each factor so as to convenience the research later.Chapter Five it is put forward to the accounting processing of each affreightment business, further more it is given examples to each model, some suggestion are given in this paper as well.