JOURNAL OF NATURAL RESOURCES ›› 2018, Vol. 33 ›› Issue (10): 1686-1696.doi: 10.31497/zrzyxb.20180845

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

Analysis of Natural Resource Assets and Establishment and Definition of Liability and Equity Accounts—Based on Framework of Natural Resources Balance Sheet with Double-Entry Bookkeeping

TAO Jian-ge1, SHEN Lei2, HE Li3, ZHONG Shuai2   

  1. 1. Systems and Industrial Engineering Technology Research Center, Zhongyuan University of Technology, Zhengzhou 450007, China;
    2. Institute of Geographic Sciences and Natural Resources Research, CAS, Beijing 100101, China;
    3. School of Accounting, Henan Institute of Engineering, Zhengzhou 451191, China
  • Received:2018-08-05 Revised:2018-09-06 Online:2018-10-20 Published:2018-10-20
  • Supported by:
    Strategic Priority Research Program of 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; Henan Science and Technology Innovation Talents Support Project, No. 2018-CX-011; Program for Innovative Research Team (in Philosophy and Social Sciences) in University of Henan Province, No. 2019-CXTD-10; Program for Interdisciplinary Direction Team in Zhongyuan University of Technology, China.

Abstract: The problem of resources and environment has become a constraint of economic and social development. It is an important measure to set up the Ministry of Natural Resources and strengthen the overall management of natural resources. The compilation of natural resource accounting and the natural resources balance sheet is the basic work of the overall management of natural resources. At present, there have been many research achievements on natural resources accounting and balance sheet compilation, but the basic theory research and practice methods are still in the primary stage of research and it is needed to further strengthen the theoretical basis and scientific methods. Based on the theory of double accounting unit in accounting theory, this paper studies the theory of production and material circulation of natural resources liabilities and equities, and puts forward the standard of natural resource liability and equity based on resource environment carrying capacity, resource function planning and ecological red line. The natural resources balance sheet and related balance accounting are designed based on this standard. Natural resource assets refer to the sum of natural factors that can bring direct or indirect benefits to human beings. They include not only the material and environmental factors that directly participate in the economic and social cycle, but also the natural factors that indirectly bring ecological service value to human beings by participating in the ecological cycle. The equities of natural resources assets are divided into the ecological equities of natural resources and the economic equities of natural resources, and this classification has its ethical basis of ecological civilization. The liabilities of natural resources is due to excessive depletion of resources, environmental pollution and ecological destruction, that is, there are both human and natural factors. They are the economic cost to compensate for the sustainability of ecosystems. The above definitions of asset, liability and equity provide us a logical basis for designing a logical balance sheet of natural resources. The purpose of this paper is to design a reasonable liability and equity account based on the natural resource accounting and the natural resources balance sheet with double entries. It provides a scientific theoretical basis for the compilation of natural resources accounting and balance sheet.

Key words: asset,liability,equity, balance sheet, double-entry bookkeeping, natural resources

CLC Number: 

  • F205