Research On The Identification And Measurement Of Mineral Resources Assets

As one of the important non-renewable energy resources in our country,mineral resources have long been lacking in scientific management systems and accounting methods,resulting in a serious situation of resource waste and environmental damage.In order to reverse this trend,the government promulgated the “Mineral Resources Law” to realize the paid mining of mineral resources and provide the possibility for the capitalization of mineral resources.The establishment of relevant accounting standards followed the foundation of accounting for mineral resources.However,there are still some questions about the confirmation and measurement of mineral resource assets that have not been clarified.This article draws lessons from foreign advanced accounting experience of mineral resources accounting and the relevant provisions of international accounting standards,systematically explores the issues of the identification and measurement of mineral resource assets.It also promotes the development of the mineral resources accounting in China,which has certain theoretical significance and practical considerations for the scientific utilization of mineral resources.Based on the necessity of studying mineral resources assets and based on a wide range of basic theories,this paper attempts to discuss the recognition and measurement of mineral resources assets in mining enterprises.First of all,starting with the definition of mineral resources and mineral resources assets,clarify their asset attributes with the specific attributes of mineral resources.Secondly,mining rights and mineral reserves were separately verified at the enterprise and national levels,and the problems confirmed by the company were analyzed with examples.Then,the mineral reserves were measured from the perspective of physical quantity and value,and the measurement methods of mining rights of enterprises and the impairment of mineral resources related assets were studied.Finally put forward the corresponding policy recommendations.The main points of this paper are as follows: First,it is proposed that mineral resources are all assets,regardless of whether they can currently measured or not;The second point is that mineral reserves and mining rights should be distinguished because of their different ownership,and at the same time,the specific issues were analyzed based on case studies.The third was to discuss the economic connotation of the value measurement of mining rights and proposed that the excess profits of mineral development should be distributed between the transferor and transferee of the mining rights and improve the measurement method.