Study on the Impairment of Long-term Equity Investment of Chinas Listed Companies

摘要：

CAS No.8 provides that once losses of asset impairment are confirmed, it shall not be reversed in future accounting periods. To some extent, the provision can inhibit the listed companies from manipulating profits. However, as to the long-term assets whose fair value is available, such a provision might affect the reasonable reflection on its assets value. The subject of this study is longterm equity investment, whose fair value is available directly from the market. By analyzing, we found that after the implementation of the CAS No.8, listed companies will adopt a variety of alternative ways, including resorting and selling long-term equity investment, to reduce the irrecoverable impairment losses.

关键词： CAS No.8 Long-term Equity Investment Impairment of Assets Fair Value

作者: SUN Min KANG Ruirui

作者单位: School of Economics and Management,Beijing Jiaotong University,Beijing,P.R.China,100044

会议类型: 国际会议

会议名称: 2009 International Conference on Management Science and Engineering(2009管理科学与工程国际会议)

会议地点: 北京

会议语种:英文

页码: 448-453

在线出版日期: 2009-11-01（万方平台首次上网日期，不代表论文的发表时间）