''brhbr' . Zhongxin Financial Services
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''.. Theoretically, this treatment method has the following flaws: First,
The net loss of the property to be dealt with does not meet the definition of an asset. It can neither bring future economic benefits to the enterprise, nor is it an economic resource for the enterprise. On the contrary, it is a loss for the enterprise, and the enterprise no longer has control over its handling. Major projects are still It needs to pass the resolution of the shareholders' meeting or the approval of the competent department. Second, the net loss of property to be disposed of was listed as assets, which seriously violated the principle of prudence, exaggerated assets and owner's rights, and may have overcalculated profits. Third, this approach does not meet the requirements of relevance and reliability.
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''.. List
the net loss of pending property as an asset, or list the credit balance of pending property gain or loss as a deduction from assets, Even using surplus assets to offset the total assets of a company will cause distortion of accounting information, and will also affect the accuracy of calculations of corporate financial ratios and other indicators, which is obviously not conducive to users of accounting information making correct decisions. For example, if pending property losses are listed under assets, the asset base will be inappropriately enlarged, which will lead to a reduction in the asset-liability ratio. The current ratio and quick ratio, which reflect liquidity, will also be enlarged. Other financial ratios will also be enlarged to varying degrees. Whitewashing, which will interfere with the correct evaluation of the company's financial condition. Fourth, it does not comply with the accrual basis principle and the matching principle, because when the balance of the property loss and surplus account to be disposed at the end of the period is retained, it is listed as an asset on the statement, which will prevent the current period's expenses or losses from being recognized in a timely manner, and the income and expenses will not be recognized in a timely manner. The correct proportion cannot be made.
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''.. From a realistic point of view, the profit and loss of current assets to be processed, the profit and loss to be processed Accounting for fixed asset gains and losses and other related losses, that is, accounting for potential losses, has become one of the main ways for listed companies and other enterprises in my country to manipulate profits. At present, accounting information distortion is an urgent problem in my country's economic life. Many companies have false assets, false profits, and even false profits and real losses. This method of report presentation undoubtedly leaves an opportunity for companies to whitewash their business performance. rd./Guangdong Financial Management Platform
rd./z/ Jiaozuo Financial Management Platform
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