Accounting Problems Researching Of Research And Development Expenditure In Hi-Tech Companies

The accounting treatment of R&D we implement nowadays follows the one coming from the era of manufactory economy. And it doesn't adapt to the era of knowledge economy now. No doubt, this kind of dropping behind makes the accounting number becoming inexact when weighting the value of enterprises, especially the hi-tech companies. It also makes the market to misunderstand the payoff ability of hi-tech companies.Based on the observation, we redefined the hi-tech and hi-tech company, widely investigated the R&D expenditure status and accounting treatment status in our company, combed carefully the accounting treatment of R&D expenditure in several countries. That is, in the developed countries where R&D activities are thriving, such as U.S.A. and England, the R&D accounting treatment is to expense in the period of occurring. So is China. Because of the expenseof recognizing, the subsequent measurement and reporting is weak correspondingly.Expensing the R&D expenditure is always to meet the principle of prudence. A lot of researches show that expense could not reach the goal of constitutors of rules. Therefore, we analyzed the positive and negative reasons and consequences of the problems mentioned above, and proposed four corresponding resolving methods to them. Then we gave some fundamental principles for the problem resolving. At last, we presented an accounting treatment system including recognizing, measurement and reporting, which provides the theoretical support and calculating model for R&D expenditure.The dissertation consists six chapters. The first chapter is an introduction which introduces the researching background, researching thought and the main researching method. The second chapter gives a definition to hi-tech company and R&D expenditure and an analysis to the R&D expenditure status in our country. The third chapter makes a comparison of the accounting principle in our country and other three main ones. The fourth chapter has an analysis of the problems, reasons and consequences in accounting treatment of R&Dexpenditure in our country. The fifth chapter discusses the enhancement approaches of R&D expenditure in detail. The last chapter summaries the conclusion and the researching topic remained in the future.