Travel expenses of R&D personnel cannot be included in R&D expenses. The International Accounting Standard No.9-Research and Development Expenses formulated by the International Accounting Standards Board stipulates that the cost of research and development activities includes the following items: "Salaries, wages and other personnel expenses; Material cost and consumed labor; Depreciation of equipment and facilities; Reasonable distribution of manufacturing costs; Other costs "and so on.
Accounting Standards for Business Enterprises No.6-Intangible Assets standardizes the methods for enterprises to confirm, measure, record and report R&D expenses from the perspective of accounting. The Enterprise Income Tax Law of the People's Republic of China regulates the collection, amortization and deduction of taxable income of enterprises from the perspective of tax law.
Extended information
Disclosure method:
For the cost of self-developed intangible assets, that is, the R&D expenses to be capitalized, Article 24 of Accounting Standards for Enterprises No.6-Intangible Assets stipulates that "an enterprise shall disclose the following five aspects of information related to intangible assets in the notes according to the categories of intangible assets: …………………………………………………………………………………………………………………………………………………………………………………………………
the international accounting standard No.9-research and development expenses not only requires the disclosure of "the amount of research and development expenses included in current profits and losses and recognized as intangible assets", but also "the development of undistributed deferred development costs and its balance should be disclosed, and the allocation basis of undistributed balance proposed or adopted should also be disclosed".
Baidu Encyclopedia-R&D expenses