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Research On The Integration Of Our Post-accounting Firm's Consolidation

Posted on:2018-09-25Degree:MasterType:Thesis
Country:ChinaCandidate:S L GuanFull Text:PDF
GTID:2359330518463623Subject:Accounting
Abstract/Summary:PDF Full Text Request
The CPA industry has never lacked the subject of mergers and acquisitions,because mergers are an effective way for accounting firms to grow bigger and stronger.Many accounting firms have experienced mergers and the international "big four" is formed by mergers.Many of Chinese accounting firms have also started the merger process since the restructuring of Chinese CPA industry in 1998.In the context of international economic integration,the audit market demand in China is increasingly strong.In order to guide the firm to actively improve their own,and to promote the development of domestic enterprises to internationalization to compete with the international Big Four,the Chinese Institute of Certified Public Accountants,the Ministry of Finance and other relevant departments issued a series of guidance to China's accounting affairs about how to make CPA firm bigger and stronger advice and guidance since 2006,which also set off a wave of China's accounting firm's third merger.So far,there have been many cases of mergers,but the economic effects of the merger have been mixed.This paper is a case study in the case of the two mergers of the accountancy firm,which is the most notable case in the merger wave.We compare the operational effects of the combined integration before and after the merger and find out the problems existing in the integration after merger,then we take its essence to its dregs and make suggestions for accounting firm after the merger integration in China.By merging to make the accounting firm bigger and stronger has become a trend,but the purpose of the merger is to integrate resources,integration is the inevitable mix of mergers,because the two sides would have some difference before the merger in various aspects such as the management system,organizational structure,etc.If the consolidation problem is not handled properly and cannot reduce or eliminate the associated negative effects,the merger of the firm is like a ship sailing in the sea without a sailor's boat,it could not voyage.Therefore,it is of great significance to study the post-merger integration of accounting firms.Through the case study in this paper,we find that certified public accountants tend to clear the purpose of the merger and the real meaning from the analysis of the motives before the merger of the certified public accountants.But it will tend to appear many problems in practice.We find out the most commonand the most important four aspects after the merger integration,and focus on these aspects of the study,find the problems and shortcomings and analysis of the causes,then we target to make recommendations to try to solve the difficulties in the integration of mergers and acquisitions to prevent the subsequent emergence of these problems in the merger of accounting firms and hope to provide some help for the integration of certified public accountants in the future.
Keywords/Search Tags:public accounting firm, merger, integration, Rui Hua
PDF Full Text Request
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