3G產業之收入認列會計處理-個案研究

Abstract

In general, Revenue is the single largest item in an enterprise’s financial statements and is the key performance indicator for most companies. Nevertheless, it is difficult to obtain all the facts surrounding a transaction and to determine when to recognize revenue based on the complex authoritative accounting standards. As a result, revenue recognition issues are usually the most risky subject for financial statement preparers and auditors. Because revenue is usually susceptible to fraudulent financial reporting, one of the primary objectives of Sarbanes-Oxley is to ensure that companies are reporting accurate revenue numbers. A survey conducted by RevenueRecognition.com and the Information Technology Company, IDC, in August 2005 discovered that more than 55% of public companies have changed revenue recognition practices as a result of Sarbanes-Oxley. First of all, this thesis gives an introduction of Telecom Industry development trend. Secondly, this thesis provides an overview of the applicable authoritative accounting guidance issued by Securities and Exchange Commission (SEC), Financial Accounting Standards Board (FASB) and the American Institute of Certified Public Accountants (AICPA). Then, the detailed practices of the case company, who have taken a long term approach on continuous improvement compliance, are shared on how to comply the complex regulations. The evolving technology and aggressive business models have brought in fundamental changes in the approaches to revenue recognition. The thesis concludes that the control process is not only for documentation and testing, the compliance will become a core competency of companies to ensure proper reporting and to minimize risk in contract negotiation and management.