The calculation method of total assets depends on whether the company conducts independent accounting, and the independent accounting of branches determines the total assets according to their own assets = liabilities+owners' equity. Income tax that is not accounted for independently shall be declared according to the distribution result, and other taxes shall be declared by themselves. That is, declare value-added tax according to the realized income and declare enterprise income tax according to the distribution result of the head office. This non-independence means that the enterprise income tax declaration is not independent, the accounting treatment and tax declaration are still independent, and the income needs to be accounted for separately. Total assets are monetary funds+inventory+net fixed assets, that is, cash+bank deposits+raw materials+inventory goods+production costs+fixed assets-accumulated depreciation.

The total assets of an enterprise refer to all assets owned or controlled by the enterprise.

Including current assets, long-term investments, fixed assets, intangible and deferred assets, other long-term assets, deferred taxes, etc. , that is, the total assets on the balance sheet of the enterprise.

According to the identity of assets = liabilities+owners' equity, enterprise assets include liabilities and owners' equity.

Total assets refer to all assets owned or controlled by an economic entity that can bring economic benefits. Generally speaking, the total assets of an accounting entity are equal to the "total assets" of its balance sheet. Like accounting caliber in the UN SNA, "assets" in China's asset-liability accounting refers to economic assets.

The so-called economic assets refer to those assets whose ownership has been clearly defined and whose owners can obtain economic benefits through effective use, holding or disposal in a certain period of time.

Extended data:

(1) Current assets refer to the total assets that an enterprise can realize or consume within one year or more than one year's production cycle. Including cash and various deposits, short-term investments, receivables and prepayments, inventories, etc.

(2) Fixed assets refer to the total amount of funds occupied by the net fixed assets, fixed assets clearing, projects under construction and losses of fixed assets to be handled.

(3) Intangible assets refer to assets that have been used by enterprises for a long time and have no physical form. Including patent right, non-patented technology, trademark right, copyright, land use right, goodwill, etc.