The Consolidated Financial Statements Comparative Study

With the world economy going to united and multinationals scaling-up increasingly, consolidated financial statements become more and more important .But now there are many arguments on consolidated financial statements in accounting field ,and each country has different theory and operation of consolidated financial statements. Thus how to desolve these problems? And how to harmonize the differences? This is the startingpiont the writer study the topic.This thesis consists of five chapters:Chapter 1 summarizes the birth ,development and arguments of consolidated financial statements .Chapter 2 campares the accounting principles and operation of consolidated financial statements in different countries .Chapter 3 uses two theories to explain the institution of accounting principles ,then pionts out the trendency of international hamonisation .Chapter 4 analyzes the status quo of consolidated financial statements in China .Chapter 5 is the last part of this thesis ,gives some suggestions of instituting and perfecting our country抯 accounting principles.