The Application Of Asset Impairment Accounting Of Listed Companies In Our Country

During the continuous process of exploration and development of our market economy, due to m any factors, there will be many problems, such as: as ymmetric information, asset value distortion. But with the development of economy, Information for users have to meet more strict demands on accounting information. So is the accounting for impairment of assets. If enterprises can’t real reflect the information of asset impairment, on one hand, thereby causing loss to the inform ation users, on the ot her hand it w ill do enterprises’ credibility a lot of harm, which is not conducive to the long-term development. At the same time, nonstandard application of the asset impairment accounting will became a profit manipulation tool. In view of this, our country has issued a new <asset im pairment criteria>.It standardized from the confirmation to the measurement of asset impairment, and adjusted the relevant provisions of the old standards, in order to make an e ffect on profit regulation of the listing corporation by using assets impairment.This paper uses n ormative research, comparative analysis, statistical analy sis and empirical research on China’s asset im pairment accounting application. In the theoretical analysis part, the text elaborates the concepts related to the accounting for impairment of assets, on that basis, it analyses the conf irmation, the measurement, the disclosure and the reversals of the impairment of assets. Through the vertical com parison of the old and new asset impairm ent criteria, and the horizo ntal comparison of the asset im pairment criteria, the paper discusses th e connotation of the new asset impairment standards in our country. Through the above layers of analysis of the asset impairment accounting, it laid a foundation for later statistical analysis and em pirical research. Then the paper does statistical analysis and empirical research on part of the lis ting corporation in Shanghai and Shenzhen two city from 2010 to 2013. The study find that the new criterion played a certain effect on the inhibition of using assets im pairment to earnings management in listing corporation, which reduces profit manipulation of space in the listin g corporation, But the study also find that there still exists a certain degree of randomness on provision and reversal on the impairment of liquid assets in listing corporation. Two factors like rate of return on equity and net profit growth rate had significant influence on the provision for impairment of assets, which shows that th e listing corporation has the purges, profit adjustment behavior. Finally, the paper pu ts forward corresponding suggestions on the measurement, the reversal and the di sclosure of asset im pairment, and internal control, external supervision, the quality of accountants’ improvement.