On the basis of the comparison between the old and new standards, the author thinks that the intangible assets in the new standard have the following changes: First, the new standard points out that intangible assets refer to identifiable non-monetary assets without physical form owned or controlled by enterprises, and excludes the intangible assets included in the old standard-goodwill. First of all, the new standard excludes corporate goodwill, brand, newspaper name and so on. From the scope of intangible assets, this can undoubtedly reduce the opportunity to manipulate profits by using goodwill. Secondly, goodwill is different from other intangible assets, and it cannot exist independently of enterprises. Therefore, the author thinks that the definition of intangible assets in the new standard is more accurate. However, under the condition of market economy, the intangible wealth of goodwill is recognized and accepted by more and more people. Many entrepreneurs realize its importance and great value and are willing to spend more money and energy to build it. Therefore, there is an urgent need for separate accounting standards to clearly define goodwill. However, in the new standards, only a few parts are involved in the consolidated statements. Second, the new accounting standards stipulate that enterprises should distinguish the expenditure of intangible assets in the research stage and the expenditure in the development stage, and deal with them according to different rules respectively. The author thinks that the capitalization of development expenditure, that is, the development expenditure is amortized regularly in intangible assets, greatly reduces the impact on current profits compared with the previous total management expenses, which will undoubtedly improve the performance of scientific and technological innovative enterprises and reduce the pressure on profit indicators of operators in the development stage, which clearly reflects the international convergence of China's accounting standards and the state's policy support for scientific and technological innovative enterprises.

Comparison between the new accounting standards implemented on June 65438+ 10 1 2007 and the old accounting standards.

I. Accounting Standards for Enterprises-Basic Standards

(1) is still called the basic standard, which all enterprises must implement, and the word "financial accounting conceptual framework" (CF) is not used in accordance with international practice.

(B) clear accounting objectives. The goal of financial accounting report is to provide users with accounting information related to the financial status, operating results and cash flow of the enterprise, reflect the performance of the entrusted responsibilities of the management of the enterprise, and help users of financial accounting report make economic decisions. Theoretically speaking, China's accounting objectives have both the concept of fiduciary responsibility and the concept of decision-making. However, China's accounting objectives clearly put the concept of fiduciary responsibility in the first place, emphasizing the reliability of accounting information, which is different from the international emphasis on the relevance of accounting information.

(3) Delete general accounting rules and replace them with accounting information quality requirements. The quality requirements of accounting information include reliability, relevance, clarity, comparability, substance over form, importance, prudence and timeliness.

(d) The accrual basis is integrated into the basic assumptions, and the historical cost is reflected in the measurement of accounting elements.

(V) The definition of accounting elements follows the provisions of the Regulations on Financial Accounting Reports of Enterprises, but the definitions of income and expenses introduce the concepts of assets and liabilities, mainly drawing on the relevant provisions of the International Accounting Standards Board (IASB) financial statement preparation framework.

(6) Introduce the concept of gain and loss. At the same time, gains and losses are divided into gains and losses directly included in owners' equity and gains and losses directly included in current profits. Theoretically, the former gains and losses have not been realized in essence, while the latter gains and losses have been realized.

(VII) Standardize accounting measurement attributes for the first time. It defines five measurement attributes: historical cost, replacement cost, net realizable value, present value and fair value, and emphasizes that enterprises should generally adopt historical cost in accounting measurement. The framework of the International Accounting Standards Board for preparing financial statements stipulates that the measurement attributes of financial statements include historical cost, current cost, realizable value and present value.

(8) Cancelled the requirement of accounting in Chinese and dividing capital expenditure and income expenditure.

Two. Accounting Standards for Enterprises No.65438 +0- Inventory

(1) Borrowing expenses incurred by eligible inventories can be capitalized. This provision is embodied in the Accounting Standards for Business EnterprisesNo. 1. 17- borrowing costs, that is, the capitalization of borrowing costs is extended to some inventory items, that is, those inventories that take a long time to reach the state of being available for sale (such as ships in shipyards). Because the inventory of large ships can not be completed by the shipyard's own funds, it must be loaned to the bank, and the bank loans obtained by enterprises can not distinguish between special loans and non-special loans. It is unreasonable that the original standard only allows the capitalization of the borrowing cost of special loans.

(2) The LIFO method was cancelled. I. Improved International Accounting Standard No.2-LIFO method for inventory cancellation; Second, the LIFO method cannot reflect the real situation of inventory circulation.

(3) The moving weighted average method is cancelled. Because the moving weighted average method is essentially a form of weighted average method, there is no moving weighted average method in international accounting standards.

(4) It is clear that low-value consumables and packaging materials are amortized by one-time resale method or 50-50 amortization method.

Three. Accounting Standards for Enterprises No.2-Long-term Equity Investment

(1) narrows the scope of application. Compared with the original Accounting Standards for Business Enterprises-Investment, this standard only regulates the accounting of long-term equity investment, while short-term investment and long-term debt investment are regulated by Accounting Standards for Business Enterprises No.22-Recognition and Measurement of Financial Instruments, which is completely consistent with international accounting standards.

(2) For the long-term equity investment formed by business combination, different methods are adopted to determine the investment cost for business combination under the same control and business combination under different control, which is mainly coordinated with the Accounting Standards for Business Enterprises No.20-Business Combination.