Research On The Initial Confirmation And Measurement Of The Gambling Agreement

In recent years,from the perspective of its accounting standards,the current standards cannot yet be clearly dealt with.In practice,the theoretical and practical circles have not yet reached an agreement.This paper selects all 46 listed companies in the 2018 annual performance commitments under the “Company Supervision” project of the Shanghai Stock Exchange website,and analyzes and analyzes the initial confirmation,measurement and disclosure related to the gambling agreement in its 2018 annual report.This paper finds some problems that may exist in the current standards: whether the investment contract is applicable to the financial instruments;Whether the contract is classified as a financial liability or an equity instrument is unclear;whether the gambling agreement is determined to be an unclear option;whether the gambling agreement is classified as a derivative financial instrument;whether the gambling agreement is unclear with the main contract;whether the gambling agreement is classified as a financial liability or The equity instrument is unknown;the investor's own performance compensation commitment is unclear;the initial cost of whether the gambling agreement is included in the main contract is unclear;it is difficult to determine the fair value or the best estimate of the gambling agreement.Furthermore,this paper proposes the following recommendations: 1.Defining the definition of subject identity,supplement Business dimension judgment criteria;2.Rationalize or have the concept of consideration,refine the definition of financial variables;3.Make special guidance on the special circumstances of the investor's own performance compensation;4.Select the opportunity to split the composite financial instruments;5.Refine the fair value.The measurement regulations provide specific measurement model selection;6.Disclosure of accounting policy selection results and full disclosure of measurement basis.