| Due to the rapid development of modem market economy,the development of each enterprise financing to own business,along with electricity development of express industry in nowadays under the condition of industry competition is so fierce,the express industry during the overall transformation of enterprise,in dire need of the huge financing,so listed as they happen to coincide.Listed as one of the financing way gradually appeared in the public view,by the end of 2017 were waiting in the queue for the listed IPO audit of the company,about more than 700,relative to the IPO of waiting time,high cost,long a reverse takeover,with its own characteristics of high efficiency,simple process becomes more and more favor for small and medium enterprises,like a coin always has two sides,everything has its own advantages and disadvantages.The country is taking a harder line on reverse mergers because of their impressive merits and the problems that have emerged since their success.In September 2016,China's securities regulatory commission issued the "measures for the management of major assets restructuring of listed companies",which further stipulated the reverse takeover,and issued the policy supervision of the Chinese government on the reverse takeover.In February 2018,China securities regulatory commission issued the "related questions and answers on whether an IPO is taken as the underlying asset to participate in the restructuring of listed companies",which formulated more stringent regulations on the reverse takeover of enterprises.According to the statistics of the CSRC,there were 49 cases of reverse takeovers in m&a announcements in 2016,six in 2017 and three in 2018.This article is through the backdoor D company Y's case,on the basis of consolidated accounting theory,according to the current accounting standards the theoretical basis for the actual analysis of Y company reverse acquisition accounting problems,analyzed the cognizance of acquisition subject to acquire the influence of both sides,acquisition mode on the problems existing in the practical application and problems of the selection of acquisition method,because the main body of the confirmation is the first step in all business combination accounting treatment,and Y company's acquisition of net shell model validation and determines the accounting method choice equity law,between related and influence each other,And these three aspects and the normal business combination has the very big difference,extremely has the representative.This paper is divided into five chapters:the first chapter elaborates the research background,the content of the subject selection,the literature summary at home and abroad,the research methods and the research contents;Chapter two summarizes the definition of assets reorganization,the recognition of reverse takeover,and the related accounting issues of reverse takeover.Chapter three introduces the background of the two parties behind the shell of Y company,and then briefly describes the process of the case,the accounting treatment involved in the case and the changes of major financial information before and after the acquisition.Chapter four analyzes the cases.In the first two chapters,the theoretical introduction and the accounting treatment involved in the back cover of Y company are analyzed to analyze the accounting treatment of Y dompany.The problems existing in the subject confirmation,the nature of acquisition mode and the choice of accounting method are found,and the reasons for the restriction of reverse takeover are concluded.Chapter 5,Suggestions and reasonable opinions on reverse takeover enterprises and regulators;Chapter 6 draws a conclusion.By analyzing the problems in the accounting treatment of the shell case of Y company and the reasons,it concludes that there are fewer and fewer reverse takeover cases and concludes that reverse takeover is increasingly restricted. |
PDF Full Text Request