Consolidation Goodwill Accounting Studies

With the development of our country's economy and the construction of capital market,the activity of enterprise merger increases gradually and the problem of merger goodwill attracts more and more attention.On the one hand,the high premium acquisition makes the enterprise accumulate huge amount of goodwill.On the other hand,growing goodwill has created enormous goodwill impairments pressure.Up to now,more than 50% of A-share firm have goodwill assets,and the amount of goodwill has reached 1 trillion and 50 billion yuan.Moreover,as the merger activities continue to increase,the amount of goodwill will continue to expand.Huge goodwill is caused by both macroscopic and accounting treatment methods.On the macro level,the capital market in the prosperous stage,rising asset prices cause the overall value of the acquisition of assets;and enterprises engaged in the acquisition of the reorganization of the activities will also increase,thus increasing the acquisition costs.From the accounting perspective,goodwill is measured according to the residual value,somethings that cannot be attributed to the combined cost of the acquiree's identifiable net assets fair value part will be included in the value of goodwill,resulting in high cost factors with will be credited to the goodwill.In the future,if there is a decline in corporate performance,capital markets decline,then the huge amount of goodwill that has accumulated will face significant risk of impairment.Based on this,the issue of merger goodwill has become a hot issue in the field of accounting.With regard to the nature of goodwill and the concept of merger goodwill,scholars have different views,including the theory of intangible resources,the theory of surplus value and the theory of excess returns.Accounting standards for consolidated goodwill have been basically consistent with accounting standards in different countries,but there are still differences in the recognition and subsequent measurement of joint goodwill.This paper tries to analyze the related goodwill accounting theory,defines the concept of goodwill.I hope that this paper can offer useful suggestions to the practice of existing problems.In theory,this article first expounds the essence of goodwill,and summarizes it from two aspects of qualitative and quantitative.Based on summarizing the nature of goodwill,this paper defines the concept of goodwill: goodwill is the proposed merger premium to pay of the purchase of intangible assets is expected that this can't be recognized in the future can bring more economic benefits for the purchase.Secondly,this paper makes a theoretical analysis of the merger goodwill from three aspects: financial reporting target,asset definition and merger theory.In practice,this paper summarized the status related data statistics of A shares of listed companies to merge goodwill confirmation,initial measurement and subsequent measurement are described,and then through a combination of listed companies merger goodwill case in-depth discussions on the existing problems of goodwill accounting.Finally,some suggestions are put forward for the discussion.According to the goodwill confirmation?the initial measurement and subsequent measurement and disclosure of the time clue,this paper discusses some problems: attributable to minority shareholders did not confirm the value of goodwill;there are unreasonable factors in goodwill;impairment of goodwill is easily affected by subjective factors;imperfect information disclosure and dispersion.To solve the problem,this paper suggested that the full goodwill confirmation of goodwill;the date of purchase,or confirmation,on the price of the identifiable net assets of the definition to make detailed provisions;adopt measurement of impairment and amortization in subsequent measurement;establish information disclosure of merge goodwill plate.