Bt Project Finance And Accounting Treatment Of Research

With the continuous development of social economy, and the improvement of living standards, the contradictions between reform of urban infrastructures and the tight government investment funds facing increasingly prominent, so use of non-governmental capital investment in public building is becoming more popular. BOT, BOO, BT, PPP and other financing appearance timely, as the principal means to ease the shortage of public investment funds. For large state-owned construction enterprises, participating in the operation of franchise business financial investment not only to out of the business model of relying solely on construction, to enter the upstream areas of building construction industry, but also promoted the construction of production, expanding market share and widening the scale of building construction, and gradually shift to mainly rely on primary industry, fully integrated In enterprise resource allocation, exert the main advantage of capital operation and construction of the production to enhanced the enterprise's strength, and played a positive role to improve enterprise efficiency. Since the nineties of last century in China, project financing for infrastructure gradually began to appear. The infrastructure which for production and living facilities of public services projects, is used to ensure national or regional socio-economic activities in the normal public service system, and the general material conditions of development in society. In modern times, the economy's continued development of the infrastructure, the requirements become high, the consummation of infrastructure play tremendous boost action for the rapid socio-economic activities, ensure and improve the standard of the daily life. However, the establishment of a sound infrastructure often takes a long time and huge investment, especially for developing countries like China, in the face of increasing economic activity, economic growth and infrastructure lagged far behind, and the limited government financial resources, then research how to use a variety of investment and raise funds for construction financing, improve efficiency, reduce costs has a very positive meaning.BT projects on the current mode of operation have various modes in China, but for different models, there are different conditions. Such like Pudong development project, is which a typical mode of BT operation, sets up investment BT firm, creates a separate corporate entity, an independent financial management and accounting model; also mode like the company headquarters and branch share responsibility for BT project, internal contract operation, its financial management and accounting are non-independent model; otherwise, Infrastructure Construction in China industry in 2006, there was the first asset securitization project of the BT building in Pudong, leads to a concept and the accounting model that "Special Asset Management Plan" of BT project investment company. From these examples, we can find that BT project accounting treatment will be adjusted for different operating mode, so BT project accounting treatment must be compatible to operation mode.This article divided into five parts. The first chapter is introduction, expound selection background, study and research methods, meaning the framework of the structure and main content. The second chapter is the financing of classification and financing system and the historical changes of the project about financing theory. Chapter three is mainly about BT project financial analysis and comparison of different ways of financing merit and demerit. The fourth part is the BT project's financing methods, and analysis about the difference between them. The fifth part is the instance about BT's road construction project, with basic on the real problem, expatiate the characteristics of BT items from constitute to completed finish the project.