Research On The Impact Of New Revenuecriterion On Listed Companies

In the accounting industry,revenue is a very important indicator.Revenue can be used to judge the operational management level of operating entities,measure the profitability of enterprise development,and it can also reflect the dynamic key indicators of investment entities and stakeholders.However,in the market economy environment,the transaction is becoming more and more complicated,and the revenue recognition and measurement meet great challenges.Such as the diversity of business can not meet the needs of daily accounting,and other prominent issues,these problems will often cause the enterprise can not reflect its real situation,and then affect the overall development of the enterprise.Therefore,in order to positively standardize revenue recognition,measurement and information disclosure,and ensure the consistent coordination between domestic accounting standards for enterprises and international financial reporting standards,the new revenue standards were promulgated with reference to international financial reporting standards No.15 and considering the specific national conditions in China.Based on the above background,this paper studies the listed companies.Firstly,the changes of the old and new income criterion and the steps of five-step confirmation model of the new income criterion are compared.Secondly,through the current situation of the listed companies applying the new revenue criterion,it has different impacts on the enterprises.Next to Vanke as an example of case analysis,mainly from the confirmation of income,financial status,and adjust the three angles such as cuts,more detailed analysis of the influence on enterprise,applying new revenue model through a case study of Vanke,and further expounds the effects of the listed company may face the challenge of new income criterion,and put forward some perfect measures according to the results of the case study.This article through the case study of Vanke,found that the implementation of the new income criterion will be conducive to the further mature and standardize the market economy in our country,also is advantageous to the company a more thorough understanding of main body of income standards,to strengthen enterprise accounting related work,for the whole development of enterprise in the future to lay the good foundation.