Thinking about the recognition and measurement of impairment of assets
ABSTRACT
To standardize the asset impairment recognition, measurement and disclosure of relevant information to ensure that the quality of accounting information, China's Ministry of Finance on February 15, 2006 promulgated the "Standards No. 8 - Impairment of Assets," clearly provided for by assets Signs of value judgement, the measurement of the amount of recoverable assets, asset impairment and the group finds that the handling of the goodwill impairment testing and treatment and impairment of assets related to specific issues such as disclosure. However, impairment of assets in preparation for possible use in the Provision of recognition and measurement of the amount is very difficult, the listed companies to profit manipulation, external difficulties, and other regulatory issues, should further revise and improve corporate accounting system, sound development of the information market and the market price And improve the corporate governance structure, to ensure true and reliable financial position and operating results of the information.
This article from the asset impairment and its judgement, asset impairment loss of the accounting treatment guidelines for enterprise asset impairment and the impact of asset impairment in the use of guidelines in the existing problems and proposed four areas were discussed. This article focuses on asset impairment guidelines for the implementation of the enterprise as well as the impact of asset impairment criteria for use in the existing problems and recommendations.
