A Study On The Accounting Issues Of P2P Lending Platform

P2P(peer to peer) meaning point to point lending, the essence is to realize the folk lending function of private lending through the internet(the Internet plus), commonly known as "everyone credit". In the hot environment of popular entrepreneurship and innovation, and China’s policy of good internet financial conditions, P2 P lending achieve the combination of emerging financial model and the traditional enterprise, helping to realize financing. P2 P lending have also been an unprecedented rapid development. As we all can see, P2 P lending show its full of life as a new thing at the same time, but also faced with various kinds of difficult problem. And one of the important problems is some problems about accounting. This paper tries to summary the accounting problems which include theoretical and practical issues in P2 P industry. Through the analysis of the specific process of P2 P business, we attempt to explore solutions that P2 P accounting related from the perspective of theory.First, this paper defines the concept of the P2 P industry, then, introduces the development status of P2 P lending industry, analysis of accounting process in the P2 P lending model. Through combing the business process model of typical P2 P lending and the different understanding of the business process with the traditional model, which lay the foundation for the issue of accounting theory and practice for the next research; then from the point of view of accounting theory, explore the challenges and Countermeasures of P2 P industry in the internet environment; in the theoretical basis, trying to figure out the practical problems of P2 P lending accounting, putting forward meaningful business solutions; finally, make a summary and outlook on the development of the corresponding P2 P accounting.As one of the emerging Internet financial instruments, P2 P industry is a combination of traditional and emerging business models, so its accounting and traditional accounting both have similar and different places, bringing new challenges to accounting. In this paper, through the theoretical analysis of the P2 P, in order to solve the problems in theory and practice, we hoping this paper can provide a reference for the P2 P accounting, and provide useful information for the report users. Also, it can conducive to the relevant departments of the P2 P industry regulation.