Discussion On The Relevant Issues Of The Change Of New And Old Consolidated Financial Statements

China’s accounting profession first appeared in the Western Zhou Dynasty to the Tang Dynasty to a "four-poster liquidation", so that our accounting technology to the next level, to the Ming and Qing dynasties, China’s produced the seeds of capitalism, this time produced "Dragon accounts" and "legs accounts" double-entry bookkeeping appeared prototype. In other words, with the improvement of productivity, the economy continues to develop, accelerate the process of globalization, China’s accounting profession is continually improving and continue with the norms and international standards. 2014 New Accounting Standards released and implemented, based on the author enacted in 2006, "Accounting Standards for Enterprises No. 33- Consolidated Financial Statements" new "Enterprise Accounting Standards No. 33 and in 2014 enacted- Consolidated Financial Statements " Comparative analysis of the impact of changes between the old and the new guidelines.Guidelines on the consolidated financial statements through reading and study abroad, mainly for the International Accounting Standards Board issued "No. 10 International Financial Reporting Standards- Consolidated Financial Statements" and the consolidated financial statements of United States standards, the evolutionary history of both summary and analysis of its impact on our consolidated financial statements criteria.Summarizes our interpretation of the new guidelines issued by scholars. General part, I believe that a greater impact on the consolidated financial statements of changes in the definition of parent and subsidiary companies is changed, thus expanding the scope of the preparation of the consolidated financial statements; and introduces the main meaning of the investment, combined with the introduction of the investment case illustrates the subject of the enterprise impact. Enrich the content of the consolidated financial statements of the parent company. Scope section, define the substantive rights around the controls and discussions, where the greatest change in the new version of the 14 criteria that the scope of consolidation, from the definition of control elements to determine the basis of the old version of the 06 criteria for comparison, and the requirements of the new definition under the combined cases were discussed; specific issues relating to the substantive claims of specific analysis, investment units can be related to activities leading investment units?This right can really be implemented? The key is to analyze whether the substantive rights,combined with the right investment case analysis of whether the unit has substantive rights.Consolidation program part, on changes related to the merger process is not large, the first in the preparation of the consolidated balance sheet, the author considers it necessary tonote that the new guidelines explicitly requested deferred tax assets and liabilities for confirmation. In the preparation of the consolidated income statement, the parent company and its subsidiaries or counter transaction occurred downstream transaction, or the occurrence of stratospheric transactions between subsidiaries to offset internal unrealized gains and losses, the occurrence of stratospheric transaction, the parent company were offset in full; countercurrent transaction or transactions occur stratosphere, according to the proportional allocation of shares held by the parent company and its subsidiaries were offset, in other words, the minority shareholders have to bear. For additional disclosure of special sections and removed a brief overview of the chapter. Finally, the full text summary.