Research on Accounting Recognition and Measurement Related to Energy Management Contract

Abstract

Abstract The energy crisis of the 1970s prompted Western developed countries to explore ways to save energy by improving energy efficiency. The United States is the first to propose an energy management contract model that relies on market mechanisms to promote energy conservation. Its development has obvious bottom-up, market-driven economic characteristics. In the 1990s, the energy management contract mechanism was introduced into China, and its development has obvious top-down, policy-driven economic characteristics. Energy management contract is a relatively new business model. With the advancement of society, the form of energy management contract has gradually increased. At present, the accounting system for this type of business model has not been formed. Based on this situation, there are more and more problems in energy management contract. So far, China still lacks a unified accounting business accounting standard, and there have been many disputes in accounting practice. This has greatly affected the promotion and implementation of the new mechanism of domestic energy management contract, which inevitably has a certain impact on the development of the contract energy industry.