Research on the Framework of Water Resources Accounting

Abstract

The problems of water shortage, serious water pollution and deterioration of water ecological environment in China have become increasingly prominent. However, the economic development has made the demand for water resources in production and life continue to grow. Therefore, the importance of establishing water rights transfer system is self-evident. With regard to water resources accounting, the Australian Water Accounting Standards theory system is the most distinctive. It uses volume as the measurement attribute and based on the accrual basis, and uses the double-entry bookkeeping method to prepare water accounting statements. Based on the theory of water resources accounting at home and abroad and the water accounting standards in Australia, this paper proposes an accounting framework for Chinese water resources accounting entities based on national conditions, laying the foundation for macro resource environment calculation.