Economic Mechanism Of Revenue Recognition And Measurement,disclosure Quality And Improvement Of Standards

The recognition and measurement of revenue standards are directly related to the quality of the information provided by the enterprise.But in reality,the revenue standards are always revised.And every revision requires huge revision and conversion costs.Therefore,it is necessary to explore the regular of recognition and measurement from the source of revenue,so as to improve the scientific nature of the revenue standards,and reduce the frequency of the change finally.Previous studies have mostly started on the superficial problems.In this paper,it is thought that the economic mechanism and general rule of revenue recognition and measurement from an economic point of view should be the solution.The content and the logical thinking of this paper is: First,through a review of the concepts of economic income,establishes the relationship between economic income and accounting income.Then finds out the mechanism of revenue recognition and measurement in economics in the further.Second,makes use of the relation between information disclosure and recognition and measurement,and with the help of the case analysis of revenue disclosure under the current accounting standards,to discuss the defects in the recognition and measurement of the current standards.Third,analyzes the economic environment on which the historical changes of domestic and international revenue standards depend based on the economic mechanism.And analyzes the problems and causes of revenue recognition and measurement.Finally,summarizes the regularities of the revenue standards.And forecasts the future trend of the revenue standards revision on this basis.In the course of research,by using deductive method,literature research method and comparative research method,it is found that the accounting income should be the accounting performance of the total economic income.And the realization mechanism of total income of economics should be: Under the protection of clear property rights,the seller transfers the control power of the commodity to the buyer by contract,and at the time of obtaining the right to charge the buyer,revenue can be recognized inaccordance with the exchange value of the goods.This should be the fundamental law of revenue recognition and measurement.Through the actual case of the information disclosure,the design and judgment in the model of “risk and reward transfer”and the application of fair value measurement attribute of the current revenue standards are verified,which are not entirely in line with the requirements of the law.By using historical analysis,we find that the changes in the revenue standards(systems)have not fully followed the economic mechanism,which leads to a constant revision of revenue standards.Therefore,the standard setters should follow the direction of economic mechanism analysis.The revision of our country's revenue standards should also be developed in this direction.Accounting income should be based on the total income of economics,revenue recognition and measurement should reflect the economic mechanism of revenue,the regular requirements which future revenue standards revision should be complied and so on.These may provide theoretical guidance for improvements in the future revenue standards,and we expect these to be a theoretical contribution of this article.However,due to the limitations of my knowledge,the analysis of the economic mechanism in this article is not necessarily perfect,which needs to be further explored.