Based On The Share-based Payment Criteria Listed Companies Under The Equity Incentive Accounting Treatment Case Study

China implemented reform and opening up, from the planned economy into the market economy and introduced the competition mechanism since 1978, our country has many enterprises tried out launch their own and distinctive management equity incentive scheme.On February 15,2006, the Ministry of finance issued the "Accounting Standards for Enterprises the 1 lth-Share-based Payment", and clear the basis of fair values, at the same time, the fees of the share-based payment, this principle over our country for a long time debate in practical realm and theorists, make the equity incentive plan of our country listed companies into the international norms track. But how to properly recognize, measure and disclosure the implementation of equity incentive programs, standardize the accounting treatment of equity incentive in the Share-based Payment criterion of listed companies is still a problem for accounting practices. While most of our businesses' incentive programs, especially those of listed companies, is also not perfect, and equity incentive plan of the accounting treatment of listed company does not form a sound and mature theory of equity incentive system of accounting, and it needed to be further strengthened. The article first focuses on the description and comparison of equity incentive accounting measurement methods of domestic and foreign enterprises, and come to the result of choosing fair value method as the accounting treatment of equity incentives, which is more in line with the current situation of enterprises. Later, the article adopted Black-Scholes' option pricing model to estimate the fair value of the equity incentive plan of listed companies, and did a comprehensive and completed analysis of the accounting treatment of equity incentive, and come to the issues the current accounting treatment of equity incentive should be concerned that the obstacles existed in the implementation of equity incentive plan in listed companies. To develop and improve the measurement methods of accounting treatment of the current equity incentive plan of listed companies, this article makes a study by combining the methods of quantitative analysis, qualitative analysis, theoretical analysis and empirical analysis together, and it mainly includes the following contents: (1)The description and comparison of accounting treatment methods of equity incentive in listed companies:it introduces the characteristics and explicabilities of measurement methods of a variety of the current accounting treatment of equity incentive of listed companies on the basis of discussing the characteristics of equity incentive of listed companies, and also made a compassion about the measurement methods that mentioned. Elaborating the obstacles that listed companies confronted with in the selection of measurement methods and the use of equity incentives, and come to the conclusion that fair value method is relatively suitable for the current equity incentive plan.(2) Interpretation of share-based payment criteria:firstly, it discusses the current theory of equity incentive of listed companies in China, then makes a compassion on the theory of stock option accounting recognition at home and abroad, and come to the conclusion that currently listed companies should choose the option of cost accounting treatment of incentive stock.(3) Empirical study:take the more reprehensive enterprise Qingdao Haier of our country which implement equity incentive as an example for accounting treatment of equity incentive application:it uses the quantitative analysis tools of Black-Scholes' model in the process of analyzing the accounting for corporate equity incentive. Firstly introduced Black-Scholes' model, and find the fair value of stock options in different countries, analyze the accounting treatment of stock options, as well as different types of accounting treatment of stock options in the listed companies. And then elaborate the problems that listed companies should pay attention to during the implementation of accounting treatment of equity incentive, and finally at the end of the section, it analyses the obstacles exists in the equity incentive plan of the current listed companies in China from the qualitative analysis.(4) The final conclusion and outlook section, it first summarizes the importance of the research work, and then elaborates the shortcomings and those to be improved of this article.