The Research On The Recognition And Measurement Of Revenue For The Online Game Enterprises

Revenue takes a magnificent role in the accounting theory and practice as the base of enterprise's existence and operation.Due to its significance and the complicacy of its accounting treatment,the topic on the recognition and measurement of revenue has always been in the heat discussion among theoretic and practical field.With respect to the accounting theory,different revenue recognition and measurement methods reflect different theoretical views,and have influence on the formulation of accounting standards.With respect to the accounting practice,different revenue recognition and measurement methods lead to difference of financial report information,affecting on the reliance of the accounting information.Especially in such a context where the Internet has permeated in every perspective of economic events,it has been an urgent issue for the accounting standards on what to do to respond to the changes of economic environment and how to accomplish self-perfection and reflect the essence of economic transaction more clearly.Therefore,the joint revenue standards issued by FASB and IASB came into public horizons in 2014,which considerably reformed existing revenue standards.The recognition of revenue is based on customer contract according to the new standards,and the guiding ideology of revenue recognition has evolved to control method from risk return transfer method,which is the responses of accounting standards to the changing economic environment.China also issued a draft of amendment to the CAS-14 in 2015,seeking accounting standard improvement on the premise of realizing convergence with international accounting standards.The dissertation looks at online game enterprises which have special business pattern,analyzes what the futures of these enterprises will confront under the regulation of current standards based on the comparison of the revenue standards.Through researches on different revenue accounting standards and comparison on current revenue recognition models,this dissertation explores revenue standards evolving track and problems lying in the revenue recognition for the online game enterprises and makes some recommendations.This dissertation consists of five parts.The first part is the introduction,including research background and significance,illustrating literature review,research content and chosen research method.The second part is the theoretical basis of the revenue recognition and measurement.The third part is the revenue analysis of online game enterprises,analyzing and summarizing the types and features of the revenue in these enterprises.The fourth part is the main body,which compares the current and newly revised accounting standards both in China and abroad,and then elaborates problems embedded in the revenue recognition and measurement in the online game enterprises and conducts detailed analysis.In the last part,the writer puts forward some recommendations on how to recognize and measure the revenue of the online game enterprises more precisely based on the research and analysis above.The innovation of this dissertation lies in that through the comparison of the accounting standards and the intensive research of the business in online game enterprises,the dissertation analyzes major revenue types in these enterprises according to the main operating patterns and business models.Based on what is discussed,the writer elaborates concrete methods of accounting treatment,and analyzes the challenges in the recognition and measurement of revenue for the online game enterprises combined with relevant theories,accounting standards and practice,then puts forward recommendations for improvement.However,more detailed research of the business model was unrealistic for this dissertation,and therefore the conclusions might not be comprehensive enough.Further research calls for more materials and theories.