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Research on the Choosing Accounting Methods in Combination
Author: ZhangYi
Tutor: WuZhongXin
School: Hunan University
Course: Accounting
Keywords: Combination accounting Purchase method Pooling of interest method choosing methods
CLC: F275
Type: Master's thesis
Year: 2008
Downloads: 1141
Quote: 5
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Abstract
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Accounting for business combination has been an issue concerned both in the field of accounting theory and practice. Using different approach to measure business combination will lead to different accounting result and even different economic result and may also influence the combination itself. FASB and IASB eliminated the pooling of interests method one after another. In the trend of international accounting standard convergence, China retained the pooling of interests method because of her special economical environment.The thesis studies on choosing Accounting Methods in business combination. It begins with the basic theory foundation of accounting for business combination; next, looks back upon the studies of the history of coalition accounting. It compares the application scope of the purchase method and the pooling of interests method, analyzes the economical and accounting result when to use the two ways. Coming to the merger and absorption of TCL Group as an example, compare the purchase and pooling of interest method of the financial situation, operating results and main financial targets, the different accounting treatment of the economic consequences. In the end, the paper the consolidated financial discusses combination theory statements and gives some and combination scope in counter-strategies for the problems mentioned above.
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CLC: > Economic > Economic planning and management > Enterprise economy > Corporate Financial Management
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