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The Influence Of Exchange Rate On The Consolidated Financial Statements Of MNCs And Its Countermeasures

Posted on:2019-10-02Degree:MasterType:Thesis
Country:ChinaCandidate:G X WuFull Text:PDF
GTID:2439330596456347Subject:Accounting
Abstract/Summary:PDF Full Text Request
At present,China's economy has entered a period of rapid development,and the number of multinational companies is increasing,which has further promoted the rapid economic development.Good domestic economic situation has also led to the rapid development of overseas companies,which has increased the market share of multinational companies,and made multinational companies get more profits.But the production and merger of the accounting statements of the developing multinational enterprises are also the key problems to be solved at present.The key factor that affects the accounting statements is the market exchange rate.At present,one of the key characteristics of social development is the integration of the global economy.The economic and trade between countries and regions are closely linked.Therefore,some companies hope to get capital financing through cooperation with multinational companies in the development process,and at the same time,the demand for market financing is more urgent after the global economic crisis.The global economic crisis has had an impact on some countries.In order to get out of the economic crisis as soon as possible,the country began to transform its corresponding economic policies,trying to change this influence through the introduction of some foreign capital.With the China Belt and Road Initiative economic policy development rise,change the idea of some large enterprises,from the domestic market to the international market,a large number of multinational companies began targeting the international market,to explore how effective the multinational enterprises operating conditions,to ensure that users of financial statements to actual development by high quality and the report is accurate and intuitive understanding of the company,in the current exchange rate continued to change,through guidelines and reasonable and effective measures can effectively avoid some corporate manipulation of corporate profits through the exchange rate changes,to avoid false financial information,to ensure that the information users can obtain the real effective financial information.This paper analyzes the actual situation of the consolidated statements of multinational companies,finds out the factors that affect profits,and puts forward effective solutions.The sharing of seven chapters to carry out a research,the first chapter points out the research background,and explore the purpose and significance of the research;the second chapter points out the basic concept of consolidated statements,is the analysis of the current international exchange rate on the consolidated financial statements of multinational companies,and this reduced exchange rate proposals in the consolidated financial statements;the fourth chapter is the basic situation of the steel net for analysis,at the same time of the combined statements of the operation of external display,but also for a chapter after empirical analysis provides research data;the fifth chapter,according to the current of the steel mesh consolidation analysis and find out the existing relevance and implications for the consolidated profit,and thus raise concerns about the related transactions,improve the relevant policies and suggestions.The sixth chapter puts forward some suggestions to reduce the impact of exchange rate changes on the merger of steel network.The seventh chapter summarizes the content of the article,studies the problems and the future development expectations.
Keywords/Search Tags:Exchange rate fluctuation, consolidated statement, consolidated profit, transnational corporations
PDF Full Text Request
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