The Research Of High-tech R & D Spending Accounting Policy Choice In China

"Enterprise Accounting Standard No. 6- Intangible Assets," issued in 2006 on our accounting treatment of R & D expenditures made a significant change from the original R & D spending for the full cost of the change of conditional capital.And this change is consistent with the international community.However,implementation of this policy requires a strong subjective and professional judgment,which gives the regulatory authorities to take the opportunity to create earnings management behavior,and therefore may reduce the quality of accounting information. Therefore,the choice of the R & D expenditure accounting policy to study motivation for promoting the company’s development,strengthen market supervision and to facilitate the relevant accounting standards revision and improvement,has has an extremely important significance to promote.In this paper,a strong R&D capability in the electronic information industry,software development company listed as the research object to the accounting policy choice theory,signaling theory as the basis for software development enterprises according to the criteria listed and unlisted divided into two categories and choose a representative two business case studies.From the perspective of earnings management.From the perspective of earnings management,examines the motivations of listed companies in the change in accounting policy environment R&D expenditure accounting policy choice and the motivations of R&D expenditures of non-listed companies accounting policy.Investigation found that the development of China’s software industry category listed companies capitalized R&D expenditures conditional policy trends strengthened,while the majority of non-listed companies still using the cost of treatment. However, this phenomenon is not only closely linked to the company’s own research and development capabilities, the professional level of accounting personnel and Intangible Assets Accounting Standards,but also with the company’s earnings management purposes.Ultimately, to some extent, that’s reduce the reliability of accounting information.For the above findings, the authors suggested we need to improve Intangible Assets Accounting Standards, strengthening tax administration, as well as the establishment of reasonable incentives and enhance professional standards of the accounting staff.