Asset Valuation Accounting (21st Century Asset Valuation Series Textbooks)

Author: Liu Ping Xu Hong
Publisher:
Publish Date: 2003-03-20
Features: With the development of China's economy, asset valuation plays an increasingly important role in economic life. Capital operations such as property rights changes and asset restructuring cannot be separated from the valuation of asset value. After nearly two decades of development, asset valuation has basically formed an asset valuation system adapted to the characteristics of China's economic development. As a part of the asset valuation system, asset valuation accounting has also developed. However, asset valuation accounting is still imperfect both theoretically and practically, the key issue being the lack of a proper combination of asset valuation and accounting. Asset Valuation Accounting is a systematic introduction to the theory and methods of asset valuation accounting. This book is divided into three parts. The first part introduces the basic theory and fundamental knowledge of asset valuation accounting. The first chapter systematically analyzes the similarities and differences between asset valuation and accounting in theory and practice, and outlines the basic content of asset valuation accounting. The second chapter primarily discusses the theoretical foundation of asset valuation accounting, namely the asset valuation theory and the theory of the time value of money. The third chapter mainly introduces the basic theory of accounting and accounting processing methods, aiming to help readers understand and interpret financial statements. The second part elaborates on asset valuation methods and accounting. The fourth chapter primarily discusses the historical cost method of asset valuation and its relationship with the accounting book value, utilizing accounting data for asset valuation. The fifth chapter primarily discusses the income present value method of asset valuation and its relationship with the time value of money in accounting, utilizing the time value of money principles for asset valuation. The sixth chapter primarily discusses the replacement cost method of asset valuation and its relationship with accounting, utilizing accounting data to assess asset value. The third part elaborates on the accounting processing of asset valuation. The seventh chapter discusses the basic requirements for asset valuation accounting processing, mainly introducing the issues, significance, and requirements that need to be clarified in asset valuation accounting processing. The eighth chapter discusses the accounting processing before asset valuation, specifically the operational steps of asset inventory and the accounting processing of inventory results. The ninth chapter discusses the accounting processing of asset valuation results, explaining the accounting treatment for the valuation of assets used for investment, non-monetary transactions, mergers and acquisitions, auctions, sales, and equity restructuring. This book is systematic, theoretical, innovative, and practical, reflecting the latest achievements in the field of asset valuation accounting. It is highly readable and suitable for students and teachers in asset valuation-related disciplines at universities, as well as professionals in the valuation field and other relevant personnel.