Research On The Factors Influencing The Accounting Policy Choice Of R&D Expenditure Of Resource Based Enterprises

"Enterprise Accounting Standard No.6-Intangible Assets" issued in 2006 on our accounting treatment of R & D expenditures made a significant change from the original R&D spending for the full cost of the change of conditional capital.And this change is consistent with the international community.However,implementation of this policy requires a strong subjective and professional judgment,which gives the regulatory authorities to take the opportunity to create earnings management behavior,and therefore may reduce the quality of accounting information.Therefore,the choice of the R & D expenditure accounting policy to study influencing factors for promoting the company's development,strengthen market supervision and to facilitate the relevant accounting standards revision and improvement,has an extremely important significance to promote.With the backdrop of the 2007 R&D expenditure accounting policy changes,the paper according to the study objective and content to find information,determines the research questions and methods.Secondly,in-depth analysis of the mechanism of R&D expenditure accounting policy changes and R&D expenditure accounting treatment method involves theoretical logic,given the starting point to study and research the theory.Finally,in order to demonstrate the factors influencing the accounting policy choice of R&D expenditure,article with 2013-2015 year the 305 resource listed companies as research samples,Using panel data to construct multiple regression model to quantify the factors affecting the accounting policy choice of R&D expenditure.Empirical Study on factors influencing accounting policy choice of R&D expenditure,The accounting policy choice of R&D expenditure of listed companies is influenced by the nature of the controlling shareholder,the concentration of ownership,the reputation of the firm,the degree of earnings management,the time of listing.The types of audit opinions,choose allotment influence on R&D expenditure accounting policy.According to the conclusions of the study,from the enterprise point of view the following recommendations:(1)improving the accountant occupation ability;(2)to strengthen auditing and supervision of accounting firms on the enterprise;(3)without violating accounting standards,the enterprise according to their own situation to develop standards on the detailed research and development phase.From the point of view of policy makers,the following suggestions are put forward:(1)to establish the standard of research and development in the process of research and development;(2)to strengthen the information disclosure of R&D investment.At the same time,it also points out the deficiencies in this paper.