Study of income recognition issues for companies listed on the GEM exchange

Due to the different standards and cost measurement functions, most GEM companies have high growth rates, unique business models and poor reproducibility.For traditional industries, the issue of income recognition has long been thoroughly studied, and there are no serious problems.However, for new companies registered on GEM, their innovative business models must be combined with the type of business and business model of the company in terms of revenue recognition.The article will focus on four models and consider the issues that should be paid attention to when confirming income within the framework of a new business-GEM models.