Research On Goodwill Subsequent Measurement Of Chinese Listed Companies

The impact of goodwill in the consolidated financial statements is growing,but the recognition and measurement problem of goodwill has not been satisfactorily resolved so far.The initial recognition approach of goodwill has basically reached a consensus and the focus of the dispute is subsequent measurement.The dispute of the subsequent measurement is mainly about the choice between impairment test and amortization.Most countries choose impairment test,including our country.However,the impairment test method has been criticized since its implementation because of theoretical and practical problems.In order to improve the quality of accounting information and serve the needs of economic development and capital market prosperity,it is necessary to study the subsequent measurement of goodwill and look for new ideas and methods to solve the problem.The second chapter analyzes several subsequent measurement methods of goodwill and holds that impairment test is more reasonable than amortization.Therefore,the direction of follow-up research is to improve the method of impairment test.This chapter is theoretical discussion and mainly includes the following parts:(1)Introduction of the synergistic effect theory and the related accounting theory;(2)Discuss the essence and characteristics of goodwill in depth;(3)Review the subsequent measurement methods in history and discuss the advantages and disadvantages of these methods;(4)Compare the subsequent measurement of goodwill in CAS with the ideas of FASB,IASB,ASBJ;(5)Analyze the important factors about the choice of measurement method and focus on the comparison between impairment test and amortization.In the third chapter,we use three methods to analyze the present situation and problems about the subsequent measurement of goodwill.(1)Based on the method of statistical analysis,this paper analyzes the digital characteristics in relation to the recognition and measurement of goodwill.On one hand,this paper finds that the measurement method of goodwill impairment test provides more relevant accounting information.On the other hand,the goodwill impairment behavior is very subjective and impairment test is likely to be used for profit manipulation(2)Using the method of case study,we inspect the process of goodwill impairment test and find some theoretical and practical problems in the process of impairment test(3)The method of sample survey is used to analyze the information disclosure of goodwill.It is found that the information disclosure of goodwill is in a state of chaos in general.The disclosure is not sufficient and the standard is not unified.In the fourth chapter,the author puts forward some suggestions to solve the related problems.These suggestions mainly include:(1)Recognize and measure the goodwill of minority shareholders(2)Standardize the recognition and measurement of intangible assets in mergers and acquisitions(3)Standardize the operation of goodwill impairment test(4)Strengthen the accounting supervision of goodwill impairment test(5)Disclosure classification mechanism and format specification should be established to strengthen the relevant information disclosure of goodwill.