Research On Consolidated Financial Statement Analysis

With the development of the enterprise group and the demand of information supervision in public owned company, consolidated financial statement has become a public product which must be provided by the enterprise group and information source for decision making. AS a means for providing information, consolidated financial statement is different from single financial statement on purpose and methods. So it has been said in ARB 51 that in a enterprise group, if one company has manipulative financial interest on other companies directly or indirectly, consolidated financial statement is more meaningful than single financial statement.The emphases of all researches domestic and abroad have been put on the theory of consolidation, the scope of consolidation, accounting methods and some concrete procedures of consolidation; but they all neglected the research on the consolidated financial statement analysis. This dissertation will do some research on this problem from four aspects, which is the object of consolidated financial statement analysis, the users of consolidated financial statement analysis and their information requirements, the consolidated financial statement analysis framework and some factors which may influence consolidated financial statement analysis.The contribution of this dissertation is as following. First, this dissertation does a systemic research on the consolidated financial statement analysis. It gives the answer to these questions: Who will use consolidated financial statement? What kinds of information do they require? What objects do they need to analyze? How do they analyze? Second, this dissertation discusses the object of consolidated financial statement analysis from three aspects, which is the data base of consolidated financial statement, the value and limitation of the information provided by consolidated financial statement. Third, this dissertation makes some discussion on the users of consolidated financial statement analysis and their information requirements in China. Fourth, this dissertation summarizes the factors which may influence consolidated financial statement analysis. Fifth, this dissertation makes some attempts to set up a framework for consolidated financial statement analysis.