Studies On Consolidated Accounting Statements Based On Complicated Shareholding Structure

As China capital market's continuous improvement, particularly stock market's rapid development and enterprises'frequent merger, consolidated accounting statements that reflect one enterprise group's overall financial position and business performance are more important. At the same time, the enterprise group's shareholding structure is becoming increasingly complex, and related-party transaction is universal. Only there are intensive studies on the problems of complicated shareholding structure and its consolidated accounting statements, can we accurately work out accounting statements and justly disclose accounting information.It is the concrete application of the rule "substance over form" that consolidated accounting statements emphasize actual practice and reflect operators'choices of the theory of consolidated accounting statements. Based on the needs of enterprise management and the accurate statement of stockholder's equity, consolidated accounting statements look upon an enterprise group as one single economy and reflect the enterprise group's financial position, business performance and cash flow.They all defined consolidated accounting statements as the emphasis of Accounting Standards, whether in international accounting standards, in British and American accounting standards, or in China accounting standards. Besides, the connotation of Overlapping stock-holding between parent company and subsidiary company and the business of each other, is not only most concerned by the enterprise itself but also focused by investors.Through the analysis of actual case, it analyzed the existing problems and their influence of consolidated accounting statements based on complicated shareholding structure. And it summed up the deficiencies of current Accounting Standards and gave some counter-strategies for the improvement of the policy, in the hope of improving the quality of accounting information and better meeting their needs of the different users of accounting statements.