Technical Path Analysis of Government Asset Measurement and Reporting
International Journal of Finance and Banking Research
Volume 5, Issue 5, October 2019, Pages: 132-139
Received: Sep. 21, 2019; Accepted: Oct. 9, 2019; Published: Oct. 25, 2019
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Li Xiumei, School of Public Finance and Taxation, Central University of Finance and Economics, Beijing, China; School of Public Finance and Taxation, Inner Mongolia University of Finance and Economics, Hohhot, China
Huang Jiangyu, College of Big Data Application and Economics, Guizhou University of Finance and Economics, Guiyang, China
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In order to promote the fiduciary responsibility of the public sector and strengthen the effective management of government assets, the Chinese governments at all levels should not only prepare reports on state-owned assets, but also prepare comprehensive financial reports based on accrual basis after 2020. The authenticity and reliability of government assets information directly affect the effective implementation of these two reforms, and the quality of assets information is highly dependent on the accrual basis of accounting measurement and reporting. Accrual basis accounting and reporting are relatively mature and scientific technology in business. China attempts to apply this business approach directly to public sector measurement and reporting of government assets. However, there is a natural difference between government assets and commercial assets. Asset measurement and reporting techniques are more complex in the practice of public sector asset management. From four dimensions of concept, scope, method selection and implementation effect, this article analysis asset identification, asset value, assets cost allocation and asset report path, and draw lessons from international experience, combined with China's actual situation, analysis the problems existing in the government assets measurement and reporting. In order to provide effective asset management reform must practice guidance, the article put forward the corresponding solution path.
Accrual Basis, Asset Identification, Valuation Method, Depreciation of Assets, Scope of Report Preparation
To cite this article
Li Xiumei, Huang Jiangyu, Technical Path Analysis of Government Asset Measurement and Reporting, International Journal of Finance and Banking Research. Vol. 5, No. 5, 2019, pp. 132-139. doi: 10.11648/j.ijfbr.20190505.13
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This article is an open access article distributed under the Creative Commons Attribution License ( which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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