JOURNAL OF NATURAL RESOURCES ›› 2018, Vol. 33 ›› Issue (10): 1675-1685.doi: 10.31497/zrzyxb.20180844

• Special Forum of “Compilation of Natural Resources Balance Sheet” •     Next Articles

Research on Accounting and Balance Sheet of Natural Resources with Double-Entry Bookkeeping

SHEN Lei1, ZHONG Shuai1, HE Li2, TAO Jian-ge3   

  1. 1. Institute of Geographic Sciences and Natural Resources Research, CAS, Beijing 100101, China;
    2. School of Accounting, Henan University of Engineering, Zhengzhou 451191, China;
    3. Systems and Industrial Engineering Technology Research Center, Zhongyuan University of Technology, Zhengzhou 450007, China
  • Received:2018-08-05 Revised:2018-09-06 Online:2018-10-20 Published:2018-10-20
  • Supported by:
    Strategic Priority Research Program of the Chinese Academy of Sciences Grant, No. XDA19040102; Key R & D Program of Ministry of Science and Technology, No. 2016YFA0602802; National Natural Science Foundation of China, No. 41771566; Philosophy and Social Sciences Planning Project of Henan, No. 2018BJJ01; Science and Technology Planning Project of Henan, No. 182400410587; Doctoral Fund of Henan Institute of Engineering, No. D2016032.

Abstract: The problem of resource and environment requires human to strengthen the management of natural resources. In the Third Plenary Session of the 18th CPC Central Committee, balance sheet of natural resources is proposed. The fundamental purpose is to strengthen the accounting and management of natural resources, and to realize the sustainable development of resource, environment, economy and society. The purpose of preparing balance sheet of natural resources is to establish a system of natural resources accounting which accounts for changes in natural resources by compiling reports and clears the resources and environmental costs of local economic and social development. The system of natural resources accounting can be used to restrict the development view of local governments at all levels, improve the system of performance assessment, explicit the responsibility of local governments, and delineate red lines of natural resources development and utilization. Balance sheet of natural resources is an important start for the Ministry of Natural Resources to improve the management of natural resources. In this paper, we review the exploration of natural resource accounting and balance sheet of natural resources and the related research results both at home and abroad. Based on the important tasks of the current natural resource management and the responsibilities of the Ministry of Natural Resources, this paper studies the production theory, the resource science theory and the accounting theory related to balance sheet of natural resources. Based on the above research background and requirements of the balance sheet of natural resources, the main contents of balance sheet of natural resources are established, the key concepts of natural resource asset, liability and equity are analyzed, and the equities of natural resources are divided on the basis of the carrying capacity of resources and environment and related plans. On the basis of the related research results of natural resource balance sheet, we think that the balance sheet of natural resources is not only a report presentation, but also a suitable accounting system. We put forward the framework of balance sheet of natural resources and its accounting process and take the land resources as an example to demonstrate the process. This paper analyzes the compilation of balance sheet of natural resources and its accounting process. The main result of this study is the establishment of the system of “confirmation, measurement, record and report” of natural resources accounting based on double-entry bookkeep. Based on the equation of “assets = liabilities + equity”, the assets, the liabilities and the equities of natural resources are displayed. Combined with the research results of current natural resource research, it will be possible to further develop the special balance sheet of natural resources, establish the standard natural resources accounting subjects, and construct the management information system of natural resources accounting.

Key words: balance sheet, double-entry accounting system, framework, natural resources accounting

CLC Number: 

  • F205