The Study Of Off-balance-sheet Exposure On The Accounting Statement's Supplement Notes

When the business of listed companies are more complex, it is more complex and covert that the companies' financial risk becomes. Now many investors pay more attention to some important financial indicator of accounting statement and the financial risk that the accounting statement reflects, but the reason that many listed companies are close to or have been bankruptcy is the off-balance-sheet risk. The full accounting report includes accounting statement, supplement notes and the statement of finance. The accounting statement fix formant and give priority to figures, so the companies' financial information which tit reflects must be limited in some way and can't throw daylight on the real operating condition and potential risk. Therefore, I decided to research into the accounting statement off-balance-sheet risk. The off-balance-sheet information may be accounting figure information or work information except for the information of accounting statement. While the business of listed companies is more complex and the main investors of listed companies are more diversifying increasingly, the accounting information included words and figures is more useful. Supplement notes of accounting statement are important parts of accounting report, but it has a lot of information, complex content and agility. So it is worth researching and discussing. According to analysis of supplement notes information, the article will discuss the off-balance-sheet risk of accounting statement's supplement notes from decreasing the off-balance-sheet risk.The article is divide into four chapters: chapter 1, summarizing the basic concept, the meaning of research, the actuality of research, the method of research related to the thesis, and the configuration and the main content of the article. Chapter 2, discussing the relationship between accounting statement's supplement notes and off-balance-sheet risk, and introducing the main content, function, format and character of accounting statement's supplement notes. Chapter 3, analyzing the exhibition of the off-balance-sheet risk in details. Chapter 4, according to analyse the affiliated business of 9 listed companies of refining trade and several off-balance-sheet risk of Shanghai Fenghua annual report in 2005, the article shows detailed behavior of off-balance-sheet risk by example. Based on the detailed analysis of chapter 3, the article put forward how to avoid to sugar up accounting statement and perfect accounting statement's supplement notes.The research of this article has some new idea: I divided off-balance-sheet risk into controllable risk and uncontrollable risk and bring forward some resisting measure according to off-balance-sheet risk and some normative propose to accounting statement's supplement notes. But I am limited in theory and experience, my analysis is not much in-depth. Thus the article is the beginning of the off-balance-sheet of accounting statement's supplement notes, and need to lucubrate farther.