Technical Path Analysis of Government Asset Measurement and Reporting

Li Xiumei; Huang Jiangyu

doi:doi:10.11648/j.ijfbr.20190505.13

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Technical Path Analysis of Government Asset Measurement and Reporting

Li Xiumei, Huang Jiangyu

Published in International Journal of Finance and Banking Research (Volume 5, Issue 5)

Received: 21 September 2019 Accepted: 9 October 2019 Published: 25 October 2019

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Abstract

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.

Published in	International Journal of Finance and Banking Research (Volume 5, Issue 5)
DOI	10.11648/j.ijfbr.20190505.13
Page(s)	132-139
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2019. Published by Science Publishing Group

Keywords

Accrual Basis, Asset Identification, Valuation Method, Depreciation of Assets, Scope of Report Preparation

References

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APA Style

Li Xiumei, Huang Jiangyu. (2019). Technical Path Analysis of Government Asset Measurement and Reporting. International Journal of Finance and Banking Research, 5(5), 132-139. https://doi.org/10.11648/j.ijfbr.20190505.13

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ACS Style

Li Xiumei; Huang Jiangyu. Technical Path Analysis of Government Asset Measurement and Reporting. Int. J. Finance Bank. Res. 2019, 5(5), 132-139. doi: 10.11648/j.ijfbr.20190505.13

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AMA Style

Li Xiumei, Huang Jiangyu. Technical Path Analysis of Government Asset Measurement and Reporting. Int J Finance Bank Res. 2019;5(5):132-139. doi: 10.11648/j.ijfbr.20190505.13

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@article{10.11648/j.ijfbr.20190505.13,
  author = {Li Xiumei and Huang Jiangyu},
  title = {Technical Path Analysis of Government Asset Measurement and Reporting},
  journal = {International Journal of Finance and Banking Research},
  volume = {5},
  number = {5},
  pages = {132-139},
  doi = {10.11648/j.ijfbr.20190505.13},
  url = {https://doi.org/10.11648/j.ijfbr.20190505.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijfbr.20190505.13},
  abstract = {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.},
 year = {2019}
}

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TY  - JOUR
T1  - Technical Path Analysis of Government Asset Measurement and Reporting
AU  - Li Xiumei
AU  - Huang Jiangyu
Y1  - 2019/10/25
PY  - 2019
N1  - https://doi.org/10.11648/j.ijfbr.20190505.13
DO  - 10.11648/j.ijfbr.20190505.13
T2  - International Journal of Finance and Banking Research
JF  - International Journal of Finance and Banking Research
JO  - International Journal of Finance and Banking Research
SP  - 132
EP  - 139
PB  - Science Publishing Group
SN  - 2472-2278
UR  - https://doi.org/10.11648/j.ijfbr.20190505.13
AB  - 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.
VL  - 5
IS  - 5
ER  -

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Author Information

Li Xiumei

School of Public Finance and Taxation, Central University of Finance and Economics, Beijing, China
Huang Jiangyu

College of Big Data Application and Economics, Guizhou University of Finance and Economics, Guiyang, China

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APA Style

Li Xiumei, Huang Jiangyu. (2019). Technical Path Analysis of Government Asset Measurement and Reporting. International Journal of Finance and Banking Research, 5(5), 132-139. https://doi.org/10.11648/j.ijfbr.20190505.13

Copy | Download

ACS Style

Li Xiumei; Huang Jiangyu. Technical Path Analysis of Government Asset Measurement and Reporting. Int. J. Finance Bank. Res. 2019, 5(5), 132-139. doi: 10.11648/j.ijfbr.20190505.13

Copy | Download

AMA Style

Li Xiumei, Huang Jiangyu. Technical Path Analysis of Government Asset Measurement and Reporting. Int J Finance Bank Res. 2019;5(5):132-139. doi: 10.11648/j.ijfbr.20190505.13

Copy | Download

@article{10.11648/j.ijfbr.20190505.13,
  author = {Li Xiumei and Huang Jiangyu},
  title = {Technical Path Analysis of Government Asset Measurement and Reporting},
  journal = {International Journal of Finance and Banking Research},
  volume = {5},
  number = {5},
  pages = {132-139},
  doi = {10.11648/j.ijfbr.20190505.13},
  url = {https://doi.org/10.11648/j.ijfbr.20190505.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijfbr.20190505.13},
  abstract = {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.},
 year = {2019}
}

Copy | Download

TY  - JOUR
T1  - Technical Path Analysis of Government Asset Measurement and Reporting
AU  - Li Xiumei
AU  - Huang Jiangyu
Y1  - 2019/10/25
PY  - 2019
N1  - https://doi.org/10.11648/j.ijfbr.20190505.13
DO  - 10.11648/j.ijfbr.20190505.13
T2  - International Journal of Finance and Banking Research
JF  - International Journal of Finance and Banking Research
JO  - International Journal of Finance and Banking Research
SP  - 132
EP  - 139
PB  - Science Publishing Group
SN  - 2472-2278
UR  - https://doi.org/10.11648/j.ijfbr.20190505.13
AB  - 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.
VL  - 5
IS  - 5
ER  -

Copy | Download