A Study On The Recognition And Measurement Of Income In E-commerce Enterprise

With the rapid development of Internet technology,e-commerce business is going to be mature,of which business model is innovation and the scale is expanding,and their proportion in the economic life of our country is increasing.On one hand,the rapid development of electric enterprises has made outstanding contributions to our country’s economy.On the other hand,because of different characteristics with the traditional business model,the accounting treatment of electric business enterprises has disadvantageous impacts on the current accounting standards in our country,especially the accounting treatment of income recognition and measurement.As we all know,income is the foundation of profit source,which is of course vital to the enterprise.Only standard of income recognition and measurement is better and better,it would reflect the company’s business situation,at the same time,would improve the authenticity and reliability of financial reports in order to play its functions.China’s current income standards for business enterprise not suitable becomes more obvious and prominent.It’s time to establish and improve the accounting system and standards of e-commerce.In May 2014,the US Accounting Standards Board and the International Accounting Standards Board jointly issued the new International Accounting Standards in order to the international convergence,which made a major adjustment in terms of income concepts,validation basics,validation and measurement methods,disclosure,etc.But in our country,not only the shortcomings of norms,enterprises in the application guidelines for practical also exist various problems and differences.Based on this,at the end of 2015,the accounting department of the finance department in China drew up a draft of amendment to the CAS 14-revenue to re-examine the current income guidelines.This paper includes five parts.The first part mainly introduces the research background and significance,literature review at home and abroad and the research methods of this article.The second part elaborates the classification and income sources of e-commerce enterprises,and systematically compares the income related criteria.The third part summarizes the problems and differences in the recognition and measurement of income by using the current income criterion of the electric business enterprises,and makes a brief analysis of the unreasonable existence of the criterion itself.Based on the actual situation of our country,the fourth part puts forward the solution of the problem,and the suggestions to improve the draft.The fifth part is a summary of the main content of this paper.This paper adopts the unique perspective of the criterion level and the application level,and proposes the solution to the problems existing in the income recognition and measurement accounting treatment,and puts forward the suggestions on the irrationality of the draft.In view of the fact that the enterprise cannot confirm and measure the income according to the criterion,this paper puts forward the corresponding suggestion.For self-employed enterprises,they should make the revenue recognition when consumers confirm receipt.For online game enterprises,they should regulate and confirm the income of fictitious currency based on the transfer of control,and split performance obligations to deal with the virtual currency of reward and so on.For group buying enterprises,income recognition should be carried out at the time of substantive completion of obligations,and net income method should be used for income accounting.At the same time,this paper puts forward the suggestions on the further improvement of the draft.The draft should improve the regulations concerning the prices of trades and the accounting estimates,while focusing on the principle of matching income and expenses.Else,we should speed up the development of the accounting guidelines for the income of the industry,and regulate the unresolved issues in the accounting treatment of each industry.