The non-currency trade accounting treatment is a very complicated pr oblem, in which the determination of the non-currency assets value through exch ange of non-currency trade is a difficult point.

On tax-payment adjustment in non-currency transaction;

This article first introduces the background of the fair and just value, and elaborates the using in the debt reorganization, the investment real estate and the non-currency transaction.

In regard to non-currency transaction,current accountant system and tax system have different nature recognition about it.

In the field of business accounting,there are fundamental differences between monetary and non-monetary transactions.

We should strengthen and complete the companys organization, strengthen outside supervision of company, control the above violating phenomena, thus we will perfect the criterion the non-monetary transaction in our country an.

The Accounting Standards for enterprises have detailed stipulations on non-monetary transactions.

What is the fact? The paper discusses on earnings management changes of listed companies taking advantage of non-monetary transactions around the time when Non-monetary Transaction Standard changes.

This article raises doubts about "the Accounting System of Enterprises"in relation to the aspects of the relative taxes and fees of long-term credit investment,reconstruction of liabilities,verifying computation of decreased fixed assets,non-monetary transactions,accounting policy and alteration of accounting estimation,meanwhile,the author gives herein the view of her own about these aspects.

But it needs to be perfected in the actual business in terms of depreciation in asset value preparation, self-initiated invisible asset value, debt regrouping and non-monetary trade.

The costing basis of the non-monetary trade is the just and sound value of exchanging assets, but it should be considered the influence of the tax to pay when any non-monetary trade involves stocks, the influence acts on judging the standard of non-monetary trade, affirming profit or loss and entering the received assets value in an account.