On Assets Measurement

After conducting analyses into the assets evaluation from the point of qualitative characteristics of accounting information,accounting essence and accounting objectives,the author of this paper maintains that it is impossible to take value as the only criterion to measure all assets,and it is necessary and also reasonable for the existence of cost measurement.The author further suggests that there are two kinds of assets:those that can produce cash alone and those that can′t.The former can be measured by value,but the latter has to be measured by cost.Only in this way can we make the accounting information better meet the users′ demand.The author finally discusses the specific conditions of measurement attributes in practice of assets measurement.