Study On The Accounting Confirmation And Measurement Of Consumable Forest Assets

As an important constituent of the ecology economic system, the forest resources is the important material base of the sustainable development of human society. The consumable forest resource is the most characteristic and one of most important constituents of forest resources. It is also the main assets owned or controlled by forestry enterprises whose major operation targeting is the forest resources.But in a quite long period of time, the forestry enterprises in china have not taken the forest resources as an important asset to carry on the accounting. On one hand, it causes the accounting information unable to reflect the real financial situation and the operating results of the forestry enterprises. Also the enterprises can not correctly calculate the economic benefits of afforesting investment. This does not favor the benefit counterparts' decision-making.On the other hand, it leads to the forest resources be regarded as the things without accounts. The enterprises ignore how much the forest resources been consumed, which lead to a growing shortage of forest resources and the continuous deterioration of the ecological environment. And the sustainable development of forestry is severe challenged.Therefore, the consumable forest assets being included in accounting system is very important. At the same time, as consumable forest assets has the peculiarity like biological transformation capacity and long cycle of growth which makes it a very special kind of assets. Therefore, it is necessary to study and formulate the accounting methods of consumable forest assets which is different from the general assets. And the accounting confirmation and the measurement are the two important aspects in the accounting. Therefore, this thesis takes it as the key point to do the study.On the basis of the results of previous studies, this article uses the research methods combining with theory and practice, the unity of regulate and empirical analysis ,have chosen the consumable forest assets accounting confirmation and measurement issues for a more comprehensive and systematic research. The full text divides into six chapters. In the first chapter of introductory remarks, it introduces research's background and significance of this paper briefly. At the same time, it extensively collects and analyzes in-depth the present study situation of the accounting confirmation and measurement of the forest assets at home and abroad. The second chapter, on the basis of the analysis of the consumable forest assets peculiarity, discusses the confirmation peculiarity of consumable forest assets, in view of these assets peculiarity, proposes that the fuel forest should be determined to different category in different situation; consumable forest assets should be confirmed as a separate kind of long-term assets; the natural increment should be involved in the scope of the accounting confirmation; and so on.In the third chapter, on the basis of the analysis of the advantages and disadvantages of historical costs and fair value, it proposes that currently in China, consumable forest assets should be measured by the historical cost-based measurement attribute. It is not suitable to immediately ask the forestry enterprises to carry out the fair value measurement to measure the forest assets. Then it mainly discuss the reason and suggest that the forestry enterprises with relatively mature conditions try to carry out "the historical cost-measurement dominantly measure, assessment value measurement auxiliary measure" approach, to do some active preparations for gradual transition to the fair value measurement, which is a key content of this paper. In addition, it systematic discusses the major accounting subjects should be set in the consumable forest assets accounting measurement, the measurement of increasing and decreasing of consumable forest asset, the accounting processing of the major accounting matters related to the confirmation and measurement. The fourth chapter is the case analysis.Finally, Chapter V proposes three related proposals including formulating forest assets accounting methods or implementation details which can be highly workable for the forestry industry; strengthening the cooperation of the accounting standards setting bodies and asset appraisal standards setting body, enlarging the intensity of construction and improvement of China's forestry elements market. The sixth chapter summarizes the main conclusions and innovation of this paper, points out the limitations of this study and, proposes some suggestions for further study.