Analysis Of The Impact Of New Revenue Standards On Real Estate Enterprises

In the tide of economic globalization,the market economy continues to develop,and business transactions and types of businesses in all walks of life are becoming more and more complex,facing a new business environment and many challenges.The revised accounting standards for business enterprises no.14-revenue was officially released in July 2017,and the new standards were implemented on January 1,2018.However,the time of revenue recognition has always been a difficult point in the financial treatment of real estate enterprises,which urgently needs a clear and specific standard to recognize revenue in practical operations.Can the new revenue criterion meet the requirements of real estate business transactions in the new environment,and what impact will it have on real estate enterprises? This is the core problem of this paper.Based on the comparison between the old and new standards and the contents of the "five-step method" model,this paper takes beichen industrial company as the research object to explore the impact of the new revenue standards on the real estate enterprises.In sorting out of real estate enterprises,on the basis of revenue recognition rules and difficulty in beichen industry as an example based on beichen industrial USES financial indicators before and after the new income principles,from the point of income recognition,accounting way,earnings quality,the company management and tax planning,five aspects to explore the new standard for the company.The study found that the new guidelines under the contract is the core of enterprise revenue recognition basis,the determination of the performance schedule influence the business accounting methods and profitability,The reality of contract identification and management under the coordination of multiple business departments and the determination of the performance progress need to be supported by the improvement of future enterprise information systems and the cultivation of a "composite" talent team.Therefore,based on the analysis results of the new revenue criterion adopted by beichen industry,theenterprise managers should formulate reasonable contract terms when dealing with the new criterion,so as to improve the ability of contract identification and management.At the same time,it pays attention to the policy changes,strengthens the information disclosure,improves the company's internal control management system,and starts to train "compound" talents to meet the changes of the new trading mode.