Should More Internally Generated Intangible Assets Be Recognized? A Commentary

This study analyzes whether financial statements should recognize more internally generated intangible assets with particular reference to China. This issue is significant because of the increasing importance of the ‘new economy’ and R&D investment, including in China. We present the current accounting requirements for intangible assets and illustrate that the failure to recognize internally generated intangible assets leads to a high ratio of unrecognized value to market capitalization, known as the asset light phenomenon among firms. We discuss and compare international and Chinese views supporting and opposing the recognition of more internally generated intangible assets. We identify and analyze the major issues in general, and in China particularly, that standard setters and their stakeholders have to consider if more internally generated intangible assets are recognized. We focus on areas of recognition, initial and subsequent measurement, and user reaction. We find that the most critical issues are the separability and measurability of internally generated intangible assets. Based on the issues identified, we discuss initiatives on non-financial disclosure in relation to unrecognized intangible assets and firms’ value creation. The study elucidates the consequences of current accounting standards on internally generated intangible assets and, by identifying the critical issues, contributes to the debate on whether it is best to adopt recognition of internally generated intangible assets or a disclosure-only approach.     

弘扬民族品牌文化底蕴的移情手法

民族品牌没有正式的定义,但是却有深厚的文化底蕴。弘扬这些文化底蕴,是宣传民族品牌的捷径。移情作用在传达人的情感时有重要意义,因此,品牌宣传中,使用移情手法,传播速度最快,影响最深刻。古典诗词的韵味对民族品牌的文化底蕴有特殊的影响,在广告标识语中运用文化移情方法,可以产生绵长的韵味,加深民族品牌的文化底蕴。     

Deferred Executive Compensation Policies in Chinese State-owned Enterprises

Since the commencement of industrial reform in China, most Chinese state‐owned enterprises have adopted a deferred executive compensation policy to provide incentives for their management teams. However, the effectiveness of such a policy needs to be evaluated. In this paper, we specify a model of deferred executive compensation policy, in which the compensation for executives is contingent on firms' future revenue. The model suggests that under deferred executive compensation policies, managers exhibit an increasing level of effort in every period. Furthermore, the deferred compensation policy encourages managers to make long‐term investments, which might generate revenue even after the termination of managerial contracts.     

中国经济高速增长的代价分析

加快经济发展是当代世界各国的共同要求,中国在短短20多年的时间内创造了经济发展的人间奇迹,但是同时也凸现出资源枯竭、生态恶劣、分配不公、贫富悬殊等社会问题。本文分析了中国经济高速增长背后所付出的高昂代价及其原因,从经济增长方式转变的动力源泉、内涵和思路等方面提出了相应的建议,呼吁将GDP增长为核心的发展观转变为以人为本,全面、协调、可持续发展的科学发展观。     

闽籍华商以及福建-东盟的农业经贸交流

本文通过介绍古代泉州港与海丝路各国的农业交流,并阐述华侨、闽籍华商在东南亚各国的发展现状,探讨中国—东盟自由贸易区(CAFTA)建立后福建外向型农业在东盟的发展战略。     

事项法:财务会计报告的发展方向

文章分析了传统会计缺陷，指出了这种缺陷是导致会计信息竞争力下降的原因，介绍了事项会计的理论，提出对传统的会计的改造要以事项会计为基础，以提高会计信息的竞争力。     

以具有中国特色的学术成果开展国际学术交流的实践与认识

本文由三个部分组成： 第一部分：“学科建设的指导原则”论述了为创建具有中国特色的管理会计新体系，应遵循“以我为主，博采众长、融合提炼，自成一家”的方针，进行学科建设 第二部分：“开展国际学术交流的指导原则”论述了为成功地开展国际学术交流，应坚持自主性与开放性相结合，从严要求，不卑不亢，凸显中国学者优良的气质与风范 第三部分：“二十多 年来开展国际学术交流历程的简短回顾”指出其历程可大致细分为：破冰之旅、凸显中国特色，从更深层次凸显中国特色以及2005年集大成之作。     

论实现农民非农化的制度创新

随着工业化进程的加快,农村劳动力就业问题显得越来越突出,农民非农化已成为我国生产力现代化的一种客观趋势,它涉及到与农民生产方式和生活方式变化相关的一切体制、规则、政策和观念的重新安排。本文从农村劳动力就业模式、农村产业政策、农村城市化、农村市场体系、农村职业教育等方面展开论述,探索实现农民非农化的制度创新。     

现阶段我国家族企业的存在合理性分析

在我国私营企业中家族企业，所占比例最高，这是我国现阶段政治、经济与文化等国情所决定的。传统家族制度、家文化的影响和渗透是家族企业普遍存在的伦理基础，交易费用问题是家族企业存在的理性选择，广阔的市场空间是家族企业生成的客观条件，国家扶持政策是家族企业发展的制度环境。由于这些原因家族企业在我国仍会长期存在，并将保持着旺盛的生命力。     

Generic skills in accounting: perspectives of Chinese postgraduate students

This study examines Chinese accounting students’ perceptions of skills required for a professional accounting position in Australia and of the emphasis placed on skills during their postgraduate Master of Professional Accounting (MPA) course. The study is motivated by concerns about international students’ inadequate generic skills and their difficulty in securing professional employment. We find that Chinese students perceive ‘communication skills’ to be the most important for their professional employment in Australia, but at the same time they tend to overemphasise technical skills and underemphasise other desirable generic skills.