Analysis of EVA Accounting Adjustment Principles and Events Based on the Concept of Value Creation

The State-owned Assets Supervision and Administration Commission began to fully promote Economic Value Added (EVA) among the central enterprises since January 1st, 2010. It is based on the concept of value creation, leading the enterprises to pay close attention to long-term, stable and sustainable development. This has great practical significance for the sustainable development of our economy. EVA is not an evaluation of a single index, but a systematic performance evaluation system of the enterprise managers. The paper only focuses on the analysis of EVA accounting adjustment principles and events based on the concept of value creation.