A Study Of The Assets Impairment Based On Current Accounting Standards

With the development of market economy in our country, the demandsto the relevance and reliability of accounting information become moreseverely. The market environment at home and abroad is more complex withthe rapid development of economy and the innovation of technology. Thusthe future of the enterprise is unpredictable. Since2008, the marketeconomy is still depressed because of the financial crisis. Thepossibility of compressing the scope of earning management forenterprise by reversing and withdrawing impairment is increasing.Comparing with old standards, the present assets impairment standardsput forward in2007are more complete in aspect of judging depreciationtime, subjects and phenomenon, and reversing impairment loss. However,ambiguities referring to the professional judgment of accountants in theprocess of operation give the chance of doing false accounts.Based on the theories of assets impairment accounting, this thesisresearches on standards of accounting in order to solve the problems inoperation and improve the current standards. After analysis of thesestandards, the author hopes to give some suggestions.