企业财务会计未确认资产价值分析——初探报表外企业财务核心能力价值

Analysis of The Value of Accounting Nonrecogition Assets —— A Tentative Quest for Company- Finance Core Competence

目前,企业财务核心能力的定性研究有了一定成果,但企业财务核心能力价值的研究成果还不多见。文章认为在当前会计理论体系下,报表外企业财务核心能力价值有效近似于企业财务会计未确认资产价值中企业财务运营所创造的部分。文章依据财务学一般理论,基于企业价值创造过程的分析,构建了企业财务会计未确认资产价值模型,并依此分析了财务会计未确认资产价值和企业财务运营创造的会计未确认资产价值。结果发现,企业财务运营创造的财务会计未确认资产价值与企业市场价值的财务杠杆比率Dm/Sm成正比,企业Dm/Sm越高,企业财务运营创造的财务会计未确认资产价值越大。

<Abstrcat>Currently, the qualitative research on core competence has much certain production, while the quantitative research or research on the value of company-finance core competence has little production. In this paper, based on current accounting system, it suggests that the core competence value consists in the value of accounting nonrecogition assets. By general finance theory and analysis of the course which firm's value is created,a model of accounting non-validated assets'value is constructed . In this value, the part which company-finance core competence produced is analyzed. The result proves that company finance core competence which company finance operation created has positive proportion with the company market finance leverage ratio Dm/Sm. The higher the leverage ratio, the larger the value of accounting nonrecogition assets which company finance operation produced.