Research On Revenue Recognition And Measurement Of Internet Education And Training Company

Under the background of the upgrading of information technology and the increasing popularity of Internet terminals,Internet education become the focus of the capital market.Especially,under the influence of COVID-19 epidemic,all kinds of Internet education enterprises are growing rapidly.However,with the explosive growth of the Internet education market,the accounting quality does not match with the business model of these enterprises.In addition to the lack of financial management ability,the continuous innovation of the Internet education models have also directly led to the differences about the income recognition and measurement of these companies,under the original income recognition criteria,Internet education companies have difficulties in income recognition.The research on enterprise income recognition has been a key issue in the field of financial management.As one of the two important links,the collection is also the focus of business activities.In the face of the complexity of domestic business activities the Ministry of Finance has carried out a comprehensive revision of income-related standards,in order to make income recognition and measurement more clear and operational.On July 5,2017,the Ministry of Finance of China issued the Announcement of Accounting Standards for Enterprises No.14-Revenue.With the release of the new standards,what is the impact of income accounting on Internet education enterprise? Will it be more convenient for enterprises to recognize and measure their income? How to solve the effectiveness of income recognition of Internet education enterprises? All questions are worth studying.This paper adopts the method of case study.Based on the analysis of the operating status and business characteristics of Q Education Company,this paper studies the income recognition and measurement of Internet education enterprises.In the course of the research,this paper first reviews the existing literature and its research results,and makes a systematic induction and research on the income recognition and measurement principles of enterprises in the Internet education industry.This paper summarizes the existing problems such as the difficulties in defining the standard of control transfer,the quality of accounting needs to be improved,and the quality of people is intermingled with the good and the bad,and then select Q Education Company as a case study.This paper analyzes the income and confirmation measurement problems existing in its training courses and related special business,analyzes the rationality of its business processing method from the perspective of the new income criterion,and puts forward some suggestions on a more suitable business processing model.For education enterprises,the impact of the new income guidelines is mainly reflected in these two aspects: the time point of revenue recognition and the transaction price.Through the use of the five-step model,we can make the income recognition and measurement of Internet education enterprises more suitable with their commercial essence,and have a better universality.Finally,through the case analysis and the consideration of the new standards,some suggestions are put forward.At the standard level,we should improve the implementation rules,formulate application guidelines,strengthen information disclosure,and provide supervision means;at the enterprise management level,we need to strengthen financial participation,optimize contract management,consolidate the business foundation,carry out the transition smoothly,Build an information platform and provide data support.Through the research of this paper,this paper provides some suggestions for Internet education to deal with income recognition and measurement,so as to further improve the quality of enterprise accounting information.In terms of innovation,the research object of this paper selects Q Education Company,which has regional characteristics and is easy to obtain first-hand information,as a case enterprise.The study of the sample enterprises is more in-depth.At the same time,under the background that the non-listed companies which used to implement corporate accounting standards will implement the new income standards from January 2021,on the basis of existing research,further explore the impact of the new income standards on the income recognition and measurement of Internet education enterprises,which can provide a reference for the relevant enterprises to do a good job in dealing with the layout in advance.