Case Study On The Entrusted Operation And Determination

In recent years,with the continuous development of marketization,the management mode of commissioned operations has been increasingly used in listed companies.The entrusted management model is not an emerging management one.Its existence has positive significance for promoting the rational allocation of resources and improving the level of enterprise management.However,in the theoretical and practical world,there are still many controversies and problems in the specific application of this model.From the perspective of accounting and financial processing,the biggest controversy lies in the entrusted operation.Can the entrusting party and the entrusted party incorporate the target enterprise into the merger?This article begins with the definition and judgment of control in the enterprise accounting standards,and defines how to determine the control of the entrusted company in the commissioned business model.The three-element model of control is refined.Using a combination of theoretical and case studies,selected five typical examples of Minmetals Development and Baida Group's loss and retention of control rights,from the relationship between purpose and commercial substance,power,variable returns,power and variable returns.From four perspectives,the terms of the contract are analyzed to determine the ownership of control rights and determine the correctness of the company's financial processing.This article comprehensively analyzes the development and current status of the entrusted management model,and distinguishes the similarities and differences between entrusted managing model and equity transfer and agreement control.Summarize the characteristics of listed companies in the Shanghai A-share market that adopt the entrusted management model.Under the circumstance that this model is widely used in practice,this paper seeks to conclude a set of control rights recognition standards that can be widely applied to the commissioned business model,thus helping enterprises to more accurately conduct accounting treatment and make the accounting information better reflected the essence of business operations.