Research On Combination Accounting

Combination accounting serves for acquisition and merger, the importance of which determines the signification of research on combination accounting. As a special field in financial accounting, the complication and changeableness of combinatiori accounting make numerous scholars and experts bend themselves to it for one century. To this day, the demand of research on combination accounting is still urgent. The author does this research with all strength and carries on a series of innovative discussions under new period and environment, hopes for making a bit of contribution on combination accounting study.This research text includes 11 parts. Following the introduction, the main body is divided into two parts, ten chapters. The first is a theory part, while the second is a practice part, and each part has five chapters.The introduction expounds relevant achievements in this field along with the meaning, range, approach and structure of this research; concretely arranges ten innovative contents of this research.The theory part, which uses theories about property right economics, information economics and system economics as guidance, puts forward that combination accounting should serve for optimizing resource distribution in acquisition and merger all the time; the reverse choice and morals risk formed because of information asymmetry will be enlarged many times in enterprise mergers; as part of social system and the result of relevant interests' full game, combination accounting regulation which strengthens the restraint of power, should have the characteristics of equal, independence, mutual benefit and also follow the reciprocity principle of right and obligation.The theory part also discusses how basic accounting theories guide combination accounting and what bludgeons combination accounting brings to accounting basic theories. (1) The goal of combination accounting is to offer useful information about managing and decision to users (maybe now or potential). Accounting plays an important role on accountability in the business combination, while the consolidated financial statements which take the responsibility of explaining accountability perform auxiliary function. The complexities of economic behaviors when and after combining, have resulted arduousness in realizing the goal of useful decision. (2) Combination accounting enables The Accounting Entity Assumption and The Periodicity Assumption flexible. But it is not because of the flexible of The Going Concern Assumption that leads to using fair value a lot during combination, this understanding of this textis different from prevailing view. (3) The basic accounting principle has general directive significance in combination accounting, especially Relevance, Reliability, Materiality, and fully revealing.The theory part studies the consolidated financial statement theory deeply. We think that we should adhere to parent company theory while confirming the goal of consolidated financial statement and regard the improved theory of parent company as guidelines in the design of consolidated statements. The aim of the improvement is: Simplify the procedure and the method.We still put forward a comparatively systematic basic theory of combination accounting in this part. (1) The two characteristics of combination accounting: the important basis for decision; main tool with which the profit is handled. (2) The goal of combination accounting. Who the combination accounting serve for and what information combination accounting should afford when during or after the combination? (3) Principle of combination accounting: both the relevance and reliability; the first of reliability; systematic; simplification; measure in the fair value; fully revealing.One chapter of the theory part specially introduces relevant questionnaire and positive analysis that the author has made. The conclusions will be used in the research extensively.The practice part bases on the theory part and takes up with affording general guidance to practice.This part studies the most important problems in...