Study On The Accounting Issues Of Enterprise Annuity In China

In china, with the high speed development of market economic, and the rising of people’sliving standard, people’s life is extending. In China the problem of the aging of population isbecoming more and more serious. The original single mode of basic old-age insurance isfacing more and more challenge. In order to adapt to the development of socialist marketeconomy, our government is accelerating to reform enterprise annuity system, in order toperfect our country multiple level endowment insurance system.The building of Enterprise annuity system promotes the enterprise annuity development.Along with the rapid development of enterprise annuity in China, how to standardizeenterprise annuity accounting is becoming a new topic in the accounting profession. Althoughthe government has promulgated a series of laws and regulations and accounting standards forenterprises to standardize the enterprise annuity. These regulations only standard simpleaccounting treatment. Such as in the enterprise annuity payment stage, it only regulated theenterprise pension accounting under the condition of set deposit scheme, but the enterprisepension accounting under the condition of benefit plan was still unsystematic.With the development of enterprise annuity, some new problems are constantlyemerging, and this will promote the development of enterprise annuity accounting. First, thisarticle introduced the enterprise annuity accounting basic theory, concept, nature andclassification and introduced enterprise annuity accounting meaning, goal, basic principles,basic accounting assumptions and accounting elements. Then analysis enterprise pensionaccounting in the enterprise application situation in china. We have found these problemsexisted in the enterprise annuity accounting. Finally through the comparative analysis method,and in contrast to China’s current accounting standards and the United States and theinternational accounting standards on the basis of China,.I suggest some measures to solvethese problems. I hope that the advice can improve enterprise annuity accounting.