Discussion on the Full Implementation of New Revenue Standard in Enterprises

Xiaochen Yue


In July 2017, the Ministry of Finance issued the "Accounting Standards for Business Enterprises No.14 - Revenue" (hereinafter referred to as the "new revenue standard") .It has revised the regulations on the recognition and measurement of enterprise accounting income.It complements and modifies the old revenue standard,improves the unreasonable places, improves the accounting income information quality in our country. It can see the real situation of the enterprise operation activity more clearly. The state has referred to the international accounting standards when revising the system of accounting standards for business enterprises.The change of income standards will inevitably have an impact on many enterprises.This paper introduces the specific content of the change of the new revenue standard, and then it puts forward some measures to implement the new revenue standard. It hopes to bring effective help to various enterprises.


New revenue standard; Comprehensive implementation; Countermeasure

Full Text:



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DOI: http://dx.doi.org/10.18282/gfr.v3i1.1645


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