Research On Chinese Listed Companies For Assets Impairment Accounting

With the economic environment being more complex and the rapid development of science and technology, with extensive application in the production field and market competition growing, greatly shorten the product life cycle, asset valuation method also changes greatly. Assets must be fair value, true, integrity and reliable, false information will deduce false conclusion, therefore, with the development of accounting, asset impairment problems become more and more prominent, enterprise asset impairment problems also caused extensive concern of people who is work in accounting theory and practice field, the research on assets impairment accounting also increasingly perfect. Judging from the world, asset impairment of accounting development level exists certain differences in different countries. AAA firstly come up with the concept of the recoverable amount, established research foundation of issues related long-term assets impairment of recognition and measurement, and so on. AIA promulgated the 29th announcement——inventory pricing in 1947, firstly come up with accounting methods of enterprise measuring inventory value can use cost and market value which is lower in standardized manner. The financial accounting standards board published《Statement of Financial Accounting Standards the 121st——accounting treatment of long-term assets impairment and disposal assets》(SFAS121)in 1995, firstly regulated formally for assets impairment accounting treatment. Our country earliest proposed the rules of bad debt reserve extraction in《Joint-stock pilot enterprise accounting system》which is executed in 1992, but had not made compulsory requirements. In subsequent reforms, the assets impairment accounting norms is being perfected continuously.The paper read the domestic and foreign relevant books and documents extensively, take Sichuan long rainbow as the research object, using case analysis method, combined with the newly promulgated criterion, research from the theoretical problems of assets impairment accounting, discuss its relevant concepts, recognition, measurement and disclosure, on the basis of our country enterprise asset impairment accountant development and policy introduction, compare and analyse with relevant provisions of asset impairment recognition in IAS, analyze problems and causes in assets impairment preparation provision aspect of listed companies, in theory, provide accurate measure of the assets real value and provide true and accurate information for users of financial reports; In practice, discuss the assets impairment accounting problems exist in our country, proposed rationalization proposals to perfect the assets impairment accounting applied in our country.