Is it a good thing or a bad thing for listed companies to make provision for asset impairment?

This is a good thing. The operation of asset impairment preparation has always been a common means for enterprises, especially listed companies, to manipulate profits. Enterprises can withdraw a large amount of impairment reserves in a profitable year, and then slowly rush back in the next few years, thus covering up the profits of that year and creating the illusion of turning losses into profits in the next few years.

The provision for impairment of assets means that all the economic benefits that may flow into the company in the future are lower than the current book value of assets, and the impairment of assets is confirmed and measured in accounting, with the purpose of providing actual and potential investors with information related to future cash inflow or outflow decisions.

If the company's asset impairment preparation truly reflects its asset quality and operating results, it is good; It is bad if the purpose of the company's asset impairment is to adjust profits.

What subject does the asset impairment reserve belong to?

Belongs to the asset account. Due to damage, obsolete technology or other economic reasons, the recoverable amount of assets is lower than the book value. This situation is called asset impairment. Assets impairment reserve also belongs to allowance account, that is, the amount that should be written off in the fixed assets impairment reserve account but is not actually written off is still the assets of the enterprise.