International Conference on Engineering and Business Management (EBM 2010 PAPERBACK)

Chengdu,China,China,3.24-3.26,2010

ISBN: 978-1-935068-05-1 Scientific Research Publishing, USA

Paperback 6066pp Pub. Date: March 2010

Category: Engineering

Price: $280

Title: Study on Core Competence Accounting
Source: International Conference on Engineering and Business Management (EBM 2010 PAPERBACK) (pp 577-580)
Author(s): Aizao Chen, School of Management, Wuhan University of Technology, Wuhan.P.R.China, 430070
Abstract: Abstract: Core competence of corporation has become as one key factor of success of corporations, but its development in accounting still requires deepening. The paper firstly describes core competence which should be vested in assets element, then discusses the accounting system of core competence, which mainly includes: establishing the hierarchical structure system for identifying core competence according to the characteristics of core competence; the initial and follow-up recognition about core competence; the evaluation and selection about the methods of measuring core competence; setting up the accounts ; and information disclosure about core competence. Finally, it reaches the conclusion that core competence accounting is a new development of accounting field.
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