Research On The Perfection Of Accounting Standards For R&D Expenditure In China

With the development and innovation of science and technology,the state issued a series of policies to encourage scientific and technological innovation,enterprises pay more attention to scientific and technological innovation,R&D investment spending increased,in 2015 the national R&D funds already reached 14220.China's accounting standards stipulated in the R&D expenditures should be used with the accounting treatment of the condition of capital,will be the development process is divided into stages of research and development,the research stage of the expenditure are included in the current profits and losses,development expenditures to meet certain conditions to be capitalized,recognized as an intangible asset,but in actual implementation in the process of classification standard of the stage and development stage is not clear,for the enterprise earnings management manipulate profits possible.In addition,the enterprise for R&D expenditures related information disclosure quality is low,is not conducive to business stakeholders to make the right decision,so the study and improve R&D expenditures related accounting standards this is particularly important.Software and information technology services company belongs to the research intensive enterprises,based on the service of software and information technology industry as the research object,first the status of R&D expenditures and the information industry 122 listed companies disclosure is analyzed,and then select from a case study of a representative of the Hua Yu software company,starting from the recent the financial data of the company,the accounting treatment of R&D expenditure,the motivation of earnings management and information disclosure of the analysis of existing problems,according to industry analysis and case analysis of research and development expenditure in our country accounting standards related problems are summarized,and some suggestions,in order to provide reference for improving R&D expenditure in the relevant accounting standards.The results show that the current R&D expenditure accounting standards related to the existence of many imperfections,this paper draws the following conclusions: one is the division standard no research stage and development stage specific current R&D expenditure in the accounting standards,many enterprises are not combined with the characteristics of the project to develop detailed standards,to the enterprise by R&D expenditures provides opportunities for earnings management.Two is part of the enterprise in the annual report on R&D investment aspects of the disclosure of the content is not complete,there is no uniform disclosure format.Three is part of the corporate statements in the "development project" disclosure is not sufficient,the capitalization of the starting point,the specific basis of capitalization,as of the end of the research and development progress of the disclosure of a unified format.The four is part of the enterprise "management fees" under the cost of R&D expenditure disclosure there is no uniform standard,the name of the cost of R&D expenditures disclosure subjects are not unified,the cost of spending on the stage and development stage of the project is not a detailed list.Five is the current research and development expenditure information disclosure of the relevant provisions in the implementation process is not fully implemented,many companies to research and development expenditure information disclosure does not meet the requirements of the relevant provisions.In this regard,this paper puts forward following suggestions: one is to establish the research stage and development stage with industry standards,the two is to further standardize the information disclosure of R&D expenditure,three is to strengthen the regulation of information disclosure of R&D expenditure.