Research On Income Confirmation Method Of Real Estate Development Enterprise

The way of enterprise income recognition has always been a hot topic in the market economy.The real estate industry,as a relatively special industry field in the national economy,has great differences in the way of confirming the revenue.If the existing financial information of the listed real estate industry in China is analyzed,it is found that most of the real estate enterprises in our country adopt the method of income confirmation when the project is completed,or the income confirmation is carried out when the actual funds are delivered.Therefore,there are some problems:if compared with the Accounting Standard No.fourteenth of the enterprise,are there any conflicts between the above two methods and the standard specification content?And all the Real Estate Company in China are based on the same rule.Why do they choose different ways of earning confirmation?What is the impact of the promulgation of new income standards on the financial situation of Real Estate Company?What kind of income recognition methods should the future real estate enterprises take?Based on the above problems,this paper first discusses the operation characteristics of the real estate industry,and then compares the current standards of the fourteenth-income of the enterprise accounting standards and the original income standards,and analyzes the income recognition methods widely used in the real estate enterprises in China.This paper focuses on the case study method,taking Vanke Group and Poly Real Estate as an example,and analyzes them from multiple perspectives.It mainly includes the conditions necessary for the sales revenue recognition,the way of application and the problems in the process of using the method,including the impact on the company.And the new income standards of real estate development enterprises how to use the "five step" income confirmation model to study,to explore the precise and appropriate method of real estate enterprise income recognition,for other enterprises in the industry to provide reference.Finally,the conclusions of this paper are as follows:(1)the two companies choose different income recognition methods for the identification standards of risk and reward transfer,management strategy,asset structure and other reasons;(2)after analyzing the score from the three angles of the power and the responsibility division,the risk of breach of contract and the substance in the form,the two companies think that the actual delivery method is more rigorous and reasonable;(3)the new income criterion is divided into a new income criterion.The time performance and time performance,time performance according to the actual delivery method of income confirmation,the performance of the period should follow the "five steps" income confirmation model for subsequent income confirmation.Through this study,it has the following application value:first,it can help the industry to make the income recognition more standardized and effectively avoid the situation in the inappropriate time period.Standardized income recognition can promote sustained and sound development of the real estate industry.Second,it can help real estate companies understand their financial problems better.At the same time,we can make reasonable adjustments on the basis of finding problems,so as to continuously improve the company's financial status.Third,it can help relevant auditors of enterprises to carry out work review and improve work efficiency.