Research On The Revenue Recognition And Measurement Of Online Game Companies Under The New Revenue Standards

With the vigorous development of the digital economy,various industries have made rapid progress under the influence of informatization.The new Internet industry and increasingly complex business models are also constantly deriving new business models.When faced with emerging businesses,different companies In the case of following the old revenue standards,there may be some differences in the processing of the business,affecting the healthy development of the industry.In this regard,the Ministry of Finance announced the "Accounting Standards for Business Enterprises No.14-Revenue" in 2017,and the emergence of new revenue standards has also solved a considerable part of the recognition of corporate income.Here,this article selects the online game industry,which is becoming saturated and has a wide range of businesses,in order to discuss the problems existing in the process of revenue recognition and measurement of online game companies during the transition period of the standard,and analyze and propose certain suggestions for the problems.This article firstly provides theoretical basis support and specific research directions for the subsequent papers through the elaboration of the institutional background,relevant literature and basic theory of income recognition and measurement at home and abroad;then,through the introduction of the online game market,business model,and operating characteristics,Explain the problems in the revenue recognition and measurement of today's online game companies;then conduct case analysis,introduce the case company,and analyze the problems and guidelines of the case company in terms of revenue recognition timing,revenue recognition methods and special value-added services,measurement,etc.The processing process,and the subsequent changes in revenue recognition and measurement,analyze the impact of the new standard on the revenue recognition and measurement of case companies.The analysis concludes that the new five-step model has basically solved the problem of revenue recognition methods and timing of revenue recognition in the process of revenue recognition of online games,but it is found that a large amount of subjective judgment is required in the process of revenue measurement.It is easy to face complex online game business Differences in accounting treatment occur,leading to a decline in the quality of accounting information.Finally,some suggestions are made for the problems of revenue recognition and measurement of online game enterprises.