dc.description.abstract | In recent years, countries around the world have spared no effort in developing their defense industries. Taiwan′s sense of independent defense has also been on the rise, with significant developments in both institutional and practical aspects. This has led to rapid expansion of the defense industry chain, with a significant increase in the number of related research and development projects, the scale of budgets, and the complexity of project types. Conducting an objective and effective cost-benefit analysis and estimating revenue recognition amounts based on project performance to reflect data in financial statements faithfully to assist managers in decision-making is a critical issue. In terms of finance, revenue recognition involves subjective judgments. Under the International Financial Reporting Standards No. 15 (IFRS 15), the method of revenue recognition requires flexible and adaptable judgment without violating accounting principles. However, it is emphasized that revenue recognition should indicate the correlation between resource input and benefit output, and financial reporting should be designed to assist users in evaluation and decision-making. In project execution, there are many types of management tools available, depending on the project type and management requirements. During the project execution process, time, cost, and scope are interdependent and restricted, so they are often referred to as the "Project Management Triple Constraints." The effective use of performance evaluation tools to continuously review and revise execution details of the work helps to balance the Triple Constraints and achieve project goals.
The essential common element of revenue recognition and performance management is "reliable measurement." The Earned Value Management System (EVMS) evaluates the cost control performance and schedule control performance of a project by comparing the expected input cost, actual cost, and actual milestone achievement of each task. This thesis uses a case study approach and focuses on a defense weapon system research and development production project to explore the benefits of introducing EVMS for revenue recognition and performance management. It was found that this management tool can perform more in-depth cost-benefit analysis and help project managers identify risks, and can support revenue measurement based on relevant data, thereby following the reliability principle. For complex projects with high technical requirements and strict performance conditions, EVMS can effectively enhance information value. | en_US |