Research On Consolidated Accounting Problem In VIE Mode

In recent years,China's real economy continues to decline,whether it is offline training and education,or commodity trading industry are constantly moving closer to the Internet industry,derived from a series of online education,electricity providers,competitive gaming industry,the Internet industry development momentum is more fierce.The current development of Internet industry depends mainly on the VIE model for development,and China's accounting standards for VIE model part of the vacancy has been there.In order to fill the gaps in accounting standards,to converge international accounting standards,we should actively respond to,improve China's accounting standards.Although more than ten years so far,VIE model is a blind spot in China,this decade it is not prohibited because of its Internet industry made an indelible contribution.It can be said most Internet companies through the VIE model to achieve a huge financing,and successfully listed overseas.So,why VIE model has been controversial,it's due to the particularity of its model,that is,it does not hold shares through the way to achieve the subsidiary's control,but only through agreements signed may ways to achieve control purposes.For this control,its dynamics and the effect,and the related information disclosure,has been the industry professional's controversy focal point.For VIE model on the development of China's Internet industry contribution,if not timely solve these problems,may restrict further development of China's Internet industry,thereby restricting China's economic development.Therefore,this paper argues that it is of theoretical and practical significance to study and solve the related accounting problems of the VIE model.In view of the particularity of the VIE model,comparative analysis of the IAS and the US GAAP,this paper mainly studies from five aspects.Firstly,on the "control" of the problem,not rigidly adhere to the traditional equity control,but to expand to substantive control,and the introduction of US GAAP "major beneficiaries of the principle",the identification of a more comprehensive interpretation of control.Secondly,it discusses whether the business combination under VIE should be under the same control or not.Whether the merger is the adoption of equity method or cost method Accounting treatment.What's more,in view of the particularity and complexity of enterprise merger in VIE mode,it is necessary to expose what is disclosed in the report so as to protect the interests of the users.Finally,since the VIE model usually involves transnational investment,how to determine the beneficial owner in the VIE model is also the focus of this paper.