TITLE:
Analysis on Income Accounting of Real Estate Enterprises
AUTHORS:
Yu Gu, Yanan Yuan
KEYWORDS:
Real Estate Enterprise, Revenue Accounting, Countermeasures
JOURNAL NAME:
Journal of Financial Risk Management,
Vol.5 No.3,
September
30,
2016
ABSTRACT: With the rapid and sustained development of China socialist market economy, the real estate industry has become the industry part that plays a dominant role in national economy. But the related accounting system of real estate enterprise is not perfect in China and fails to have a full range of coverage, so part of the real estate enterprises will take advantage of the system vulnerabilities to do some illegal behaviors, including manipulating profits, whitewash statements and other violations, especially in the case of income accounting. In this paper, by analyzing the reason and current situation that emerges in the income accounting of the real estate industry in our country, here we will put forward corresponding countermeasures on the accounting income of real estate enterprise, in order to ensure the normal operation and management of real estate enterprises, to ensure the interests of investors, then to stabilize the socialist market economy, and to guarantee the formulation of state macro-control policy.