Effect Of Confirmation And Measurement Of Intangible Assets On The Quality Of Accounting Information

Accounting information is the bridge between enterprises and stakeholders of the enterprise, it will be business objective and true financial condition, operating results and other relevant information communicated to stakeholders, and stakeholders adjust their business activities through analysis, decision. The quality of accounting information directly affects the accuracy of accounting information users to make decisions. How can we improve the quality of accounting information has been a hot topic. With the advent of the knowledge economy, the role of intangible assets subject to widespread concern. Intangible assets for business activities has played an important contribution to the creation of enterprise value of intangible fixed assets is greater than the role of the argument constantly been confirmed. Intangible assets are increasingly becoming the deciding cash flow and market value of the main driving force. However, China’s accounting standards in the narrow scope of the definition of intangible assets, the measurement method is not clear as a result of the accounting information of listed companies intangible assets are not accurate and effective disclosure, seriously affecting the quality of accounting information.Firstly, the concept of intangible assets, recognition and measurement are introduced, and from 2010 to 2013 listed companies related intangible assets to total assets ratio of data collection and analysis. The results show that China’s listed companies to disclose the company’s intangible assets increased year by year, and the average level of intangible assets to total assets ratio has increased year by year, from 2010 to 2013 of 0.98% 1.16%. However, when the ratio of the segmented study found that in 2013, China’s listed companies in nearly 70 percent of the companies disclose their ratio of 5% or less. Literature section analyzes the main reason for the lower level of disclosure of intangible assets accounting guidelines for recognition and measurement of intangible assets, provisions, resulting in alienation from outside the financial statements, affecting the quality of accounting information on the level of a lot of intangibles. Its approach is to identify the impact of intangible assets related to narrow the scope of the impact characteristics, excessive costs of research and development expenses during the impact on the reliability and prudence.After the article on intangible assets, intangible assets and fixed assets to total assets ratio and fixed assets to total assets ratio and the quality of accounting information in an empirical study. The results showed that there was a significant intangible assets positively correlated with the quality of accounting information, and the intangible quality of accounting information and the correlation is significantly higher than fixed assets. Also, adding a significant level of goodwill intangible assets than goodwill intangible assets is not added. Combining these two points, we believe that expanding the scope of the recognition and measurement of intangible assets help to improve the quality of accounting information. At the same time, intangible assets to total assets ratio did not test out a significant correlation between the quality of accounting information, the ratio of their total assets is not always better. The reason for this article is not likely to be sub-industry research variables, different industries dependent on intangible assets, and its relationship with the quality of accounting information will be showing a different situation. Fixed assets to total assets ratio and the quality of accounting information showed a significant negative correlation, presumably because the proportion of solid assets is too large, there may be means of the accounting treatment of fixed assets increase in total assets of the suspects, so the quality of accounting information is not high. Finally, from the perspective of intangible assets, to improve the quality of accounting information put forward some suggestions for improvement. And summarizes the problems and future research directions of this research.