| Backdoor listing is a relatively special field of mergers and acquisitions.Backdoor listing as a non IPO listing method provides another way for the small and medium sized enterprises who want to go listed on the stock market.With the volatility of China’s stock market this year,IPO was suspended again;backdoor listing may once again become the focus of the capital market.The so-called backdoor listing refers to the non-listed company named the acquirer gain the controllership in the listing company as an indirect access to go listed.During the mergers and acquisitions,the original assets of the listed companies will be all stripped out;the acquired will inject its assets into the shell of the listed companies.The research of accounting methods in the backdoor listing has always been a hot topic and disputed area in the field of financial accounting theory and practice.The choice of different accounting treatment methods will directly affect the enterprise financial results after the backdoor listing.At the same time the use of different accounting policies under different scenario during the backdoor listing process will have a significant impact on the relevant tax issues and the assessment of related assets.This paper first introduces the principle of the backdoor listing,analyzes the domestic and international accounting standards on the accounting methods of backdoor listing.Then take the BAO YING backdoor listing as an example,focus on the analysis of the choice of different accounting methods which will result in different financial results,related tax issues and the choice of assets assessment methods.Finally,it use the accounting index method to compare the company’s major financial indicators before and after the backdoor listing,which leads to the conclusion that the backdoor listing is conducive to the future development of the company.This paper mainly studies the accounting methods and the related tax issues in the backdoor listing in order to provide a reference for the choice of accounting methods,tax and other related matters in the backdoor listing of the company. |
