Research On Related Issues Of Asset Impairment Accounting

With the development of the economic,the enterprises face increasingly complex and volatile business environment,the asset impairment may occur at any time,how to reflect the value of asset reasonably has become the focus of scholars and accountants all over the world.The Ministry Of Financial issued China Accounting Standard No.8:Asset Impairment Accounting On February 15,2006.It ends the situation that the asset impairment doesn't have a standard on recognition, measurement,and disclosure.CAS8 plays a significant role on standardizing the accounting treatment of asset impairment.It represented a milestone for China's Asset Impairment Accounting.However,The Asset Impairment Accounting in China is still at the initial stage of development,there are still many problems in practical applications which hinder China's Asset Impairment Accounting in-depth implementation.In the view of this,this paper draws on the US Accounting Standards and the International Accounting Standards,uses the logic that from theory to practice and from general to particular.First,describe the development of Asset Impairment Accounting,with the abroad related researches,analysis the theory basis of Asset Impairment Accounting.Second,base on recognition,measurement and disclosure three aspects,analysis the problems along with the application of Asset Impairment Accounting,give the suggestions about perfecting Asset Impairment Accounting,and how to create the environment to enhance the adaptability of assets impairment, prevent the enterprises made the Asset Impairment Accounting become a tool for earnings management.Finally,choose one aspect of Asset Impairment Accounting, explore the commercial bank loans impairment issues,which would helpful to the application of the loans impairment.This paper lies on the practice besides the pure theoretical analysis model.Focus on the main problems faced in Asset Impairment Accounting application;bring forward the suggestions that how to create the external and internal mechanisms of practical application.Through the unique perspective of commercial bank,discuss the application of loan impairment,search for the ways to improve.In the hope that this paper is useful for our accountants to understand the spirit of Asset Impairment Accounting,and promote the application of Asset Impairment Accounting.