Research On Information Quality Of Consolidated Finance Statement In Entrepreneurial Mangement Of Institutions

Entrepreneurial management of institutions is a new form of socialist market economy in China, which is the main form of companies and has clear property rights, power and responsibility, and scientific management.Entrepreneurial management of institutions, charged with the task of scientific and technological research, as well as equipment, prototype and small batch production, plays an important role in the national economy, it has strategic significance to enhance overall national strength, and improve our country status, The entrepreneurial management of institution binary structure is the excellent results of structural reform, it is the inevitable product of the modern enterprise system, and is the innovative crystalline with characteristics socialism Chinese, the accounting objects of Entrepreneurial management institution is based on the occurrence of the economic business. It records and supervises and reflects the process of budget implementation.There are four choices of merger theories for the preparation of the consolidated financial statements:the parent company theory, physical theory, contemporary theory and theory of ownership. There are two methods to choose from ownership, the purchase method and the interests pooling method. Theory of the consolidated financial statements reflects the parent company and all its subsidiaries overall financial situations, operating results and cash flows. At present, the parent company theory is used for the consolidated financial statements of entrepreneurial institutions.Improvement information quality of consolidated financial statements of entrepreneurial institutions aims at investment the decision prediction economic control, and results evaluation. Next to realize relevance, credibility, importance, understandability, comparability and consistency. At last, safeguarding the economic interests of states the investor (such as the preservation of the national capital from infringement, and increasing as the sole capability of the state capital), to provide useful information for national macroeconomic regulation and control. Information users of the consolidated financial statements are:the State-owned Assets Management Committee, the higher of sector, the Board of Supervisors, the Audit Commission and other agencies.Consolidated financial statements get more and more attention financial statements reflect the consolidated results of the enterprise group. This paper analyzes the main problems present in the consolidated statements and information disclosure, and to propose appropriate recommendations to improve the information quality of consolidated financial statements of commercial management institutions...