固定资产资产减值.doc

Enterprise Accounting Standards VIII - - Impairment of Assets provides that whether there is indication of impairment in the intangible assets such as the goodwill and the shelf life formed in the industry merging, they shall be tested annually.As for the remaining assets, enterprises should determine whether there are signs of possible impairment in the balance sheet and, if there were, they should test the assets and estimate the recoverable amount.If the recoverable amount of assets is less than its book value, the latter shall be reduced to the former. And the reduced amount is recognized as the impairment loss, namely loss or profit. At the same time, the corresponding impairment loss shall be provided.【1】Enterprise Accounting Standards VIII - - Impairment of Assets, the key to a reasonable provision for the impairment of fixed assets lies in an accountable estimation of the recoverable amount. The recoverable amount is based on the net capital, i.e. the fair value minus the disposal costs, or the expected present value of future cash flows, whichever is higher. Therefore a reasonable estimation of recoverable amount mainly relates to such factors as the fair value and the expected present value of future cash flows. The recognition and measurement of these two factors is very difficult and needs more professional judgements. They directly determine whether the estimation of recoverable amount is reasonable or not, whether the provision for the impairment is true or not, therefore constituting the major obstructions in the provision for the impairment in practice.【2】 Enterprise Accounting Standards VIII - - Impairment of Assets states that the expected present value of future cash flows shall be defined by discounting the expected future cash flows which arise from the continual use and the final disposal with an appropriate discount rate. This requires a large amount of calculation work and has a poor operability. great uncertainty in predicting the future c