TigerResearch/tigerbot-earning-plugin huggingface dataset:
If other long-term employee benefits provided by the Company to employees meet the conditions of the set deposit plan, they shall be handled according to the accounting policies of the set deposit plan mentioned above; Otherwise, the net liabilities or net assets of other long-term employee benefits shall be recognized and measured in accordance with the accounting policies of defined benefit plans mentioned above.21.Estimated liabilities
(1) Recognition criteria of estimated liabilities
If the obligations related to contingencies stipulated by the Company meet the following conditions at the same time, they are recognized as estimated liabilities:
1The obligations are the current obligations undertaken by the enterprise;
2Fulfilling the obligations is likely to cause economic benefits to flow out of the enterprise;3The amount of the obligations can be measured reliably.
(2)Measurement method of estimated liabilities
Estimated liabilities are initially measured according to the best estimate of expenditure required to fulfill relevant current obligations. There is a continuous range of required expenditure, and the possibility of occurrence of various results in this range is the same, and the best estimate is determined according to the intermediate value in this range. In other cases, the best estimates are treated as follows:
1Contingencies involving a single item shall be determined according to the most probable amount.
2Contingencies involving multiple items shall be calculated and determined according to various possible results and relevant probabilities.
When determining the best estimate, the risk, uncertainty and time value of money related to contingencies shall be considered comprehensively. If the time value of money has great influence, the best estimate is determined by discounting the related future cash outflow.
If all or part of the expenses required by the Company to pay off the estimated liabilities are expected to be compensated by a third party, the compensation amount can be recognized as an asset only when it is basically confirmed that it can be received. The recognized compensation amount shall not exceed the book value of the estimated liabilities.
The Company rechecks the book value of the estimated liabilities on the balance sheet date. If there is conclusive evidence that the book value cannot truly reflect the current best estimate, the book value shall be adjusted according to the current best estimate.
22. Revenues
Accounting policies adopted for income recognition and measurement
(1) Revenue recognition principle
Since the starting date of the contract, the company shall evaluate the contract, identifies each individual performance obligation contained in, and determines whether each individual performance obligation is performed within a certain period of time or at a certain point of time.
The performance obligation is defined as fulfillment within a certain period of time if one of the following conditions is met, otherwise, it is defined as fulfilled at a certain point in time: 1The customer obtains and consumes the economic benefits brought by the company's performance while the company performs the contract;2The customer can control the goods under manufacturing or services during the company's performance; 3 The goods or services produced during the company's performance have irreplaceable uses, and the company has the right to accumulate for the completed performances during the entire contract period.
For obligations performed within a certain period of time, the company recognizes revenue in accordance with the performance progress in that period. If the performance progress cannot be reasonably determined, and the cost incurred is expected to be compensated, the revenue shall be recognized according to the amount of the cost incurred until the performance progress can be reasonably determined. For obligations performed at a certain point in time, revenue shall be recognized at the point when the customer obtains control of the relevant goods or services. When judging whether the customer has obtained control of the product, the company shall consider the following points: 1The company has the current right to receive payment for the product, that is, the customer has the current payment obligation for the product; 2The company has transferred the legal ownership of the product to the customer, that is, the customer has the legal ownership of the product; 3The company has transferred the physical product to the customer, that is, the customer has physically taken possession of the product; 4The company has transferred the main risks and rewards on the ownership of the product to the customer, that is, the customer has obtained the main risks and rewards on the ownership of the product; 5The customer has accepted the product;6Other signs that the customer has obtained control of the product.
(2) Principle of revenue measurement
1The company shall measure revenue based on the transaction price allocated to each individual performance obligation. The transaction price is the amount of consideration that the company expects to be entitled to receive due to the transfer of goods or services to customers, while does not include payments received on behalf of third parties and payments expected to be returned to customers.
2If there is variable consideration in the contract, the company shall determine its best estimate according to the expected value or the most likely amount, but the transaction price including the variable consideration shall not exceed the accumulated amount that, if relevant uncertainty is eliminated, will most likely have no significant reversal.
3If there is any significant financing component in the contract, the company shall determine the transaction price based on the amount payable in cash when the customer assumes control of the goods or services. The difference between transaction price and contract consideration shall be amortized through effective interest method during the contract period. On the starting date of contract, if the company expects that the customer will obtain control of the goods or services and pays the price within one year, the significant financing component in contract shall not be considered.
4If the contract contains two or more performance obligations, the company shall, on date of the contract, allocate the transaction price to each individual obligation item in accordance with the relative proportion of the separate selling price of promised goods.
The adoption of different business models in similar businesses leads to differences in accounting policies for revenue recognition
(3) Specific methods of revenue recognition
(1) Toll service fee income
The toll income of roads and bridges is determined according to the amount collected and receivable by vehicles when passing through.
(2) Income from providing labor services
For services started and completed in the same fiscal year, income is recognized when the services are completed. If the beginning and completion of labor services belong to different fiscal years, the Company shall, on the balance sheet date, recognize the related labor income by the percentage of completion method, provided that the result of the labor service transaction can be reliably estimated. When the following conditions can be satisfied, the results of the transaction can be reliably estimated: 1the total income and total cost of labor services can be reliably measured;2the economic benefits related to the transaction can flow into the enterprise;
(4)the degree of completion of labor services can be reliably determined.
For services started and completed in the same fiscal year, income is recognized when the services are completed. If the beginning and completion of labor services belong to different fiscal years, the Company shall, on the balance sheet date, recognize the related labor income by the percentage of completion method, provided that the result of the labor service transaction can be reliably estimated. When the following conditions can be satisfied, the results of the transaction can be reliably estimated: 1the total income and total cost of labor services can be reliably measured;2the economic benefits related to the transaction can flow into the enterprise; If the transaction result of providing labor services on the balance sheet date cannot be estimated reliably, the following situations shall be dealt with respectively:
1If the labor cost already incurred is expected to be compensated, the income from the service shall be recognized according to the amount of the labor cost already incurred, and the labor cost shall be carried over at the same amount.
2If the incurred labor cost is not expected to be compensated, the incurred labor cost shall be included in the profits and losses of the current period, and the income from the provision of labor service shall not be recognized.
When the contracts or agreements signed between the Company and other enterprises include selling goods and providing services, if the part for selling goods and the part for providing services can be distinguished and measured separately, the part for selling goods will be treated as goods sales and the part for providing services will be treated as service provision. Sales of goods and services can not be distinguished, or although they can be distinguished, they can not be measured separately. All parts for the selling goods and providing services will be treated as sales of goods.
The adoption of different business models in similar businesses leads to differences in accounting policies for income recognition
23. Government Grants
Government subsidies are recognized when they meet the conditions attached to government subsidies and can be received.
Government subsidies for monetary assets shall be measured according to the amount received or receivable. Government subsidies for non-monetary assets are measured at fair value; If the fair value cannot be obtained reliably, it shall be measured according to the nominal amount of 1 yuan.
Government subsidies related to assets refer to government subsidies obtained by the Company for purchasing and building or forming long-term assets in other ways; Otherwise, as a government subsidy related to income.
Where the government documents do not specify the object of the subsidy, and the subsidy can form long- term assets, the part of the government subsidy corresponding to the value of the assets shall be regarded as the government subsidy related to the assets, and the rest shall be regarded as the government subsidy related to the income; Where it is difficult to be distinguished, government subsidies as a whole are treated as income-related government subsidies.
Government subsidies related to assets offset the book value of related assets, or are recognized as deferred revenue and included in profits and losses by stages according to a reasonable and systematic method within the service life of related assets. Government subsidies related to income, which are used to compensate related costs or losses that have occurred, shall be included in current profits and losses or offset related costs; If they are used to compensate related costs or losses in later periods, they will be included in the deferred revenue, and they will be included in the current profits and losses or offset related costs during the recognition period of related costs or losses. Government subsidies measured in nominal amount are directly included in current profits and losses. The Company adopts a consistent approach to the same or similar government subsidy business.
Government subsidies related to daily activities, according to the essence of economic business, are included in other income or offset related costs. Government subsidies irrelevant to routine activities shall be included into the non-operating receipt and disbursement.
When the recognized government subsidy needs to be returned, if the book value of related assets is offset during initial recognition, the book value of assets will be adjusted; If there is a relevant deferred revenue balance, the book balance of the relevant deferred revenue will be offset, and the excess will be included in the current profits and losses; In other cases, it is directly included in the current profits and losses.
24.Deferred income tax assets and deferred income tax liabilities
The Company adopts the balance sheet liability method for income tax accounting treatment.
(1) Deferred tax assets
1If there is a deductible temporary difference between the book value of an asset or liability and its tax basis, the deferred income tax assets generated by the deductible temporary difference shall be calculated and confirmed according to the applicable tax rate during the expected period of recovering the asset or paying off the liability.
2On the balance sheet date, if there is conclusive evidence that sufficient taxable income is likely to be obtained in the future period to offset the deductible temporary difference, the unrecognized deferred income tax assets in the previous period shall be recognized.
3On the balance sheet date, the book value of deferred income tax assets shall be reviewed. If it is unlikely that enough taxable income will be obtained in the future period to offset the benefits of deferred income tax assets, the book value of deferred income tax assets will be written down.When sufficient taxable income is likely to be obtained, the written-down amount will be reversed.
(2) Deferred income tax liabilities
If there is a taxable temporary difference between the book value of assets and liabilities and their tax basis, the deferred income tax liabilities arising from the taxable temporary difference shall be recognized according to the applicable tax rate during the expected period of recovering the assets or paying off the liabilities.
25.Lease
(1) Identification of lease
On the commencement date of the contract, the Company, as the lessee or lessor, evaluates whether the customers in the contract have the right to obtain almost all economic benefits arising from the use of the identified assets during the use period, and has the right to lead the use of the identified assets during the use period. If one party to the contract transfers the right to control the use of one or multiple identified assets within a certain period of time in exchange for consideration, the Company will consider the contract as lease or lease- included.
(2)The Company as the lessee
On the start date of the lease term, the Company recognizes the right-to-use assets and lease liabilities for all leases, except for short-term leases and low-value asset leases that are simplified.
The accounting policy of the right-to-use assets is shown in Note V. 26.
Lease liabilities are initially measured according to the unpaid lease payment amount on the start date of the lease term and the present value calculated according to the implied interest rate of the lease or the incremental borrowing interest rate. The lease payment amount includes: fixed payment amount and substantial fixed payment amount. If there is lease incentive, the related amount of lease incentive shall be deducted; variable lease payments depending on index or ratio; the exercise price of the option, provided that the lessee reasonably determines that the option will be exercised; payment for exercising the option to terminate the lease, provided that the lease period reflects that the lessee will exercise the option to terminate the lease; and the amount expected to be paid according to the residual guarantee value provided by the lessee. The interest expense of the lease liability in each period of the lease term shall be calculated subsequently according to the fixed periodic interest rate, and included in the current profit and loss. Variable lease payments that are not included in the measurement of lease liabilities are included in the current profits and losses when actually incurred.
Short-term lease
Short-term lease refers to the lease with a lease term of no more than 12 months on the start date of the lease term, except for the lease with purchase option.
The Company includes the lease payment of short-term lease into the related asset cost or current profit and loss according to the straight-line method in each period of the lease term.
Low-value asset lease
Low-value asset lease refers to the lease in which the value of a single leased asset is less than RMB 100,000 when it is brand new.
The Company includes the lease payment of low-value assets into the related asset cost or current profit and loss according to the straight-line method in each period of the lease term.
For the lease of low-value assets, the Company chooses to adopt the simplified treatment method mentioned above according to the specific conditions of each lease.
(3) The Company serves as the lessor
The Company, when as the lessor, recognizes the leases that have substantially transferred all risks and rewards related to asset ownership as financial leases, and other leases except financial leases as operating leases. Accounting methods for operating leases
For the rent in the operating lease, the Company recognizes the current profits and losses according to the straight-line method in each period of the lease term. The initial direct expenses incurred in connection with the operating lease shall be capitalized, allocated on the same basis as the rental income recognition during the lease term, and included in the current profits and losses by stages. The variable lease payments obtained related to operating leases that are not included in the lease receipts are included in the current profits and losses when they actually occur.
Accounting treatment method of leasing
In financing lease, at the beginning of the lease term, Japanese companies take the net investment in leasing as the recorded value of the financing lease receivable, and the net investment in leasing is the sum of the unsecured residual value and the present value of the lease proceeds that have not yet been received on the start date of the lease term discounted according to the implied interest rate of the lease. As the lessor, the Company calculates and recognizes the interest income of each period in the lease term according to the fixed periodic interest rate. The variable lease payments obtained by the Company as the lessor that are not included in the measurement of net lease investment are recorded into the current profits and losses when they actually occur.
The derecognition and impairment of financial lease receivables shall be treated according to the provisions of Accounting Standards for Business Enterprises No.22-Recognition and Measurement of Financial Instruments and Accounting Standards for Business Enterprises No.23-Transfer of Financial Assets.
(4)Operation lease
For the rent in the operating lease, the Company shall recognize the current profit and loss according to the straight line method during each period during the lease term. The initial direct expenses incurred related to the operating lease shall be capitalized and apportioned during the lease term on the same basis as the rental income recognition, and recorded into the current profits and losses in installments. The variable lease payment amount obtained related to the operating lease that is not included in the lease receipts shall be included in the current profit and loss upon the actual occurrence.
26.The right to use assets
(1) Conditions for recognition of the right-to-use assets
The Company's right-to-use assets refers to the right of the Company as the lessee to use the leased assets during the lease term.
On the start date of the lease term, the right-to-use assets are initially measured at cost. The cost includes: The initial measurement amount of lease liabilities; if there is lease incentive for the lease payment issued on or before the start date of the lease term, the amount related to the lease incentive enjoyed shall be deducted; initial direct expenses incurred by the Company as the lessee; the estimated costs that the Company as the lessee will incur for dismantling and removing the leased assets, restoring the leased assets' site or restoring the leased assets to the state agreed in the lease terms. The Company, as the lessee, recognizes and measures the demolition and restoration costs in accordance with the Accounting Standards for Business Enterprises No.13-Contingencies. It makes subsequent adjustments to any remeasurement of lease liabilities.
(2) Depreciation method of right-to-use assets
The Company adopts the straight-line method to accrue depreciation. If the Company as the lessee can be reasonably determined that the ownership of the leased asset is acquired at the expiration of the lease term, it shall accrue depreciation within the remaining service life of the leased asset. If it is impossible to reasonably determine that the ownership of the leased asset can be acquired at the expiration of the lease term, it shall accrue depreciation within the shorter of the lease term and the remaining service life of the leased asset.
(3) See "27. Impairment of Assets" in "Section V Important Accounting Policies and Accounting Estimates" for the impairment test method and the provision method for impairment of right-to-use assets.
27. Impairment of assets
The following signs indicate that the assets may be impaired:
(1) The market price of assets fell sharply in the current period, which was significantly higher than the expected decline due to the passage of time or normal use.
(2) The economic, technical or legal environment in which the Company operates and the market in which the assets are located have undergone major changes in the current period or in the near future, which will have adverse effects on the Company.
(3) The market interest rate or other market return on investment has increased in the current period, which affects the discount rate used by enterprises to calculate the present value of the estimated future cash flow of assets, resulting in a significant decrease in the recoverable amount of assets.
(4) There is evidence that the assets are outdated or their entities have been damaged.
(5) Assets have been or will be idle, terminated or planned to be disposed of in advance.
(6) The evidence reported by the company shows that the economic performance of assets has been or will be lower than expected, such as the net cash flow created by assets or the realized operating profit (or loss) is far lower than the expected amount.
(7) Other indications that assets may have been impaired.
On the balance sheet date, the Company judges various assets that are applicable to the Accounting Standards for Business Enterprises No.8-Impairment of Assets, such as long-term equity investment, fixed assets, engineering materials, construction in progress, intangible assets (except those with uncertain service life), and conducts impairment test when there are signs of impairment-estimating their recoverable amount. The recoverable amount is determined by the higher of the net amount of the fair value of the asset minus the disposal expenses and the present value of the estimated future cash flow of the asset. If the recoverable amount of an asset is lower than its book value, the book value of the asset shall be written down to the recoverable amount, and the written-down amount shall be recognized as the asset impairment loss, which shall be included in the current profits and losses, and the corresponding asset impairment reserve shall be accrued at the same time.
If there are signs that an asset may be impaired, the Company usually estimates its recoverable amount on the basis of individual assets.When it is difficult to estimate the recoverable amount of a single asset, the recoverable amount of the asset group is determined based on the asset group to which the asset belongs.