Abstract: 【Objective/Meaning】The asset and capital verification was the foundation and premise of the reform of rural collective property rights institution, and the exploration on the accounting treatment method of asset and capital verification was conducive to promoting the smooth development of the evaluation and checking up of rural collective assets.【Methods/Procedures】The significance and basis of the accounting treatment of asset and capital verification were expounded in this paper, as well as the accounting treatment method of the evaluation and checking up of rural collective assets. Then, by taking X Village in Cuijiang Town of Ninghua County as an example, the accounting treatment method of asset and capital verification was discussed which was suitable for the village level of accounting.【Results/Conclusions】By combining with the actual situation of asset and capital verification in the reform of rural collective property rights institution, and through the comprehensive consideration of the nature of accounting and relevant regulations, an accounting treatment method was put forward, namely, the inventory profit and the inventory loss of the objects that were checked and verified should be uniformly recorded in the “public accumulation fund & public welfare fund” in the evaluation and checking up of rural collective assets. And this accounting treatment method was conformed to the reality and was simple in operation.