The Research On Related Transaction Problem Of The Consolidated Financial Statement

The consolidated financial statement is generated to meet the development of the enterprise groups. The purpose is to reflect financial situation, operating results as well as the change of cash flow, and improve the accounting information quality of the enterprise groups. In our country,《Accounting Standard for Business Enterprises No.33——consolidated financial statement》takes the entity theory as the basis of the merger and takes "the control" as the principle of the merger. Its promulgation and implementation filled up the blank of this area in our country, and promote the consolidation between the consolidated financial statement standard of China and the international one. However, there are still many problems in the standard, and need our further explore. And the problem of the related transaction adjustment is one of them. This thesis is to discuss this problem with four chapters.The first chapter is introduction, the main purpose of which is to draw forth the research purpose and writing thought through the introduction of the background and literature review. The second chapter consists of three parts. The first part is about kinds of consolidated statement theories, for example Entity Theory,Parent Company Theory and Proprietary Theory, which points out one problem about the scope of merger in our country. The problem is that the scope of the merger of the consolidated financial statement should include the significantly influential and jointly controlled associate venture and joint venture enterprises besides the subsidiary companies. The second part is the analysis of related transactions and its economic consequences. The third part is to definite the content of this thesis and the theoretical principles of the combined adjustment of the consolidated financial statement on the basis of above analysis.The third chapter is to discuss how to adjust the related transactions between the parent and subsidiary companies in the scope of the merger. Firstly, the author analyze the present situation of related transactions existed in our enterprise groups and divide these transactions into two sorts——business related transactionå'Œassets reorganization related transaction。The following content is to probe how to adjust these two sorts of related transactions. Business related transaction includes the transfer of claims and debts, purchase and sale, capital lease, etc. Assets reorganization includes replacement of assets, entrusting and being entrusted business, peeling assets of a company and stock right transaction.The main content of the fourth chapter is to probe the adjustment of the related transactions between parent-subsidiary corporate and its associate venture and joint venture enterprises, which is not provided in our consolidated financial statement principle. For the unrealized gains and losses generated by this kind of transaction, the author probe its adjustment in two parts through some examples. The first one is "Downstream Current" transactions, the second one is "Upstream Current" transactions.The fifth chapter is the conclusion of the whole thesis and some related proposals.