The purpose is to provide positive considerations aimed at promoting the socio-economic applications of accounting and to contribute to the scientific quantification of the values of ecological products. Finally, three ideas for improving GEP accounting are offered from the perspectives of the relationship between biological production and human production, the circulation-transport relationship and spatial differences, and harms to the ecosystem carrying capacity. Having inconsistency in accounting principles can deter potential investors as well. Next, a series of ecosystem service subjects are identified that need to be excluded from accounting, and the detailed reasons for their exclusion are presented. Consistency Principle This principle states that once a firm decides on an accounting principle to be used, it needs to stick with it and follow it throughout the other accounting periods. On this basis, eight basic principles are established for screening accounting indicators: biological productivity, human benefits, production territoriality, current increment, actual effectiveness, physical metrizability, data availability, and harmlessness. In this paper, mainstream models for ecosystem service valuation are summarized in a systematic manner. The eight basic principles of GEP accounting include biological productivity, human benefits, production territoriality, current increment, actual effectiveness, physical metrizability, data availability, and harmlessness ( Table 2 ). ACCOUNTING PRINCIPLES are the building blocks for Generally Accepted Accounting Principles (GAAP). Preventing Styles from Changing (Microsoft Word). Currently, GEP accounting faces a series of problems, such as the inconsistency of accounting subjects and a lack of accounting standards, the result of which is the non-reproducibility and weak applicability of accounting results. Basic accounting principles dictate that the financial statement report information be primarily useful by being understandable to financial statement users. In practice, GEP measures the ecosystems' contributions to human well-being and constitutes one of the core issues in the construction of ecological civilization systems. Conservative Principle: This is the idea that you should record expenses and liabilities as soon as possible, but only record income and assets only if you. ![]() Gross ecosystem product (GEP) is the gross value of all ecosystem products and services provided by ecosystems for human society. Accrual Principle: This is the idea that accounting activities should be recorded at accounting times when they occur, not at times when there is a related cash flow.
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