Processing Research Of Income Tax In Consolidated Accounting Statement Under Balance Sheet Approach

Consolidated statements and income tax processing are relatively complex business in accounting practice, so in the consolidated statements accurately complete measurement, recognition, reflect the enterprise group’s overall tax assets, liabilities and income tax expenses will be more complex and difficult. Enterprise income tax accounting method in our country has experienced the taxes payable method and tax effect accounting method to the balance sheet debt method, abandoned the revenue and expense view and adpoted assets and liabilities view, the concept of this financial change had a significant effect in enterprise group in the consolidated income tax treatment, and with the growing wave of enterprise merger and reorganization, consolidated income tax as one of the important factors that affect enterprise merger, acquisition and reorganization, the group company’s overall tax burden, the influence of the merger gains and losses are not to be ignored. Therefore, through the study of accounting standards and policies within the framework of the enterprise income tax handling in consolidated accounting statement, then could lead to the enterprise merger and reorganization of the scientific and rational behavior, and provide reference for specification to deal effectively with such a business, finally to achieve the enterprise merger of win-win economic and government tax revenue.This paper adopts the normative analysis and comparative analysis research method, discussed based on the following ideas:first, the first part, through the interpretation of income tax accounting standards, focusing on the balance sheet approach under the income tax accounting and its evolutionary origin, the core problem, accounting treatment and special cases, thus thoroughly clarify under current accounting standards how to deal with income tax problem applicating balance sheet approach, basis and principles. Second, consolidated accounting statements for the general elaboration, mainly from the ascertainment of the range of merger, the merger idea evaluation and application of principles and ideas from three aspects. After the two parts of the necessary basic theory, the third part goes into the core of this article--income tax handling in consolidated accounting statement. Different from previous studies directly to the business process as a Angle, this article from the preparation of consolidated balance sheet and in the process of preparing consolidated income statement involves the process of income tax, with two general logic main line, the main table for detailed analysis of the principle and method of income tax treatment. The fourth part is the concrete example analysis and evaluation of the business, closely integrated with the theoretical analysis, embodies the transformation and application from theory to practice, the philosophy thinking of practice and theory combining. The last part is conclusion, under the balance sheet liability method of income tax in consolidated accounting statement processing are summarized, and combining the current situation of economic development put forward research prospects.