High-tech Enterprises In The Old And New Accounting Standards Intangible Assets Accounting Research,

In the era of science and technology, from the view of accounting, the proportion of the intangible assets has a dramatic increase in the national assets as a whole. At some hi-tech enterprises, the intangible assets related with knowledge and technical product such as patent and goodwill are steadily on the increase. The proportion is even beyond that of the fixed asset and become the most important property in the company. The new accounting principle issued in February 15th in 2006 modifies accounting disposal way, amortization and disposure of the research expenses of intangible assets. The success of the research and development is one of the key factors influencing the success of the hi-tech company. The proportion of research expenses to the whole expenditure of the hi-tech company becomes higher and higher and then the new principle have great influence to operation achievement the company.This paper make a detailed introduce to accounting disposal way, amortization and disposure of the research expenses of intangible assets under the new and old accounting principles; with the comparison of rule under the two accounting principles, it analyzes the rationality and positive effects of the modification and on the basis of the new principle, it puts forward its shortcomings and also innovative point of view. The different disposal way to research expenses under two principles will have great influence to the value of company, therefore this paper introduces EVA model to decrease influence of accounting disposal way of research expenses to the value of hi-tech company. And then it can get the estimated value close the inner value of the company. The author hopes that researches in this paper can be helpful to development of theory and practices in this field.This paper is divided into six chapters:The first chapter introduces the research background, objective and meaning, research content and method. It also analyzes the developing trend of accounting of intangible assets of hi-tech company and research status quo home and abroad.The second chapter introduces the definition and character of hi-tech company and intangible assets and points out that the key factor influencing hi-tech company is activity of research and developing.The third chapter makes a detailed analysis on the influence of research expenses of intangible assets under the old accounting principle, amortization of intangible asset and accounting disposal way to hi-tech company.The fourth chapter makes a comparison of the new principle, old principle and the national accounting principle and also analyzes the rationality of positive effects of the modification.The fifth chapter introduces EVA model and with the case of ZhongXing Communication it explores the method of influence of accounting method of decreasing research expenses to the value of hi-tech company.The last chapter is the conclusion of the paper and it puts forward expectation for the future research.