Abstract：Indirect risk compensation system of research and development (R&D) can be enriched through the establishment and improvement of R&D reserve system.Corresponding to three modes of R&D cost accounting, the present paper puts forward the specification of R&D cost accounting and analyzes its financial consequences.Drawing at the end of program falls into two categories: drawing according to development expenses and drawing according to research expenses and the former is more stable than the latter.Drawing at the beginning of program reflects the accounting confirmation idea of regarding R&D reserve as enterprise surplus.Based on the effectiveness of decision-making on the R & information, this paper suggests making the statement of administration expenses, impairment of assets, intangible assets more specific and establishing R&D budget system.The study will provide some reference for improving enterprise R&D fund management and the development of intangible assets accounting.

Keyword：R&D reserve;R&D risk compensation;system;