Consolidated Accounting Statements

With business group producing, Consolidated statement must be compiled for financial information need, Regarded it as a whole, of the users of parent company accounting report. Consolidated statement is the most problem, complicate and controversy problem in the field of financial accounting.For compiling consolidated statement, it is very import to definite concepts. Some concepts, such as business group and goodwill, are discussed in this dissertation. Consolidated theories have vital sense for complication of consolidated statement. On basis of different theories, Its defined consolidation scopes and chosen consolidated methods are different. It directly relates to a series of problem that are consolidated statement provides hat information?and provides information for whom. On the basis of defining the basic consolidated concepts, the dissertation has probed into the ideas and characters of the three different theories and has compared, remark on the four different theories and provide a appropriate consolidated theory for our country.Compiling consolidated statement is an important part on the consolidated day, and the methods of processing business combinations are crucial. Because business combination relates to enormous financial interests, Choice of different accounting method will influence respective financial interest and consolidated terminal target. Different processing methods have effect on the future account procedure and the compiling of consolidated statement. According to the basic consolidated concepts and the basic consolidated theories, the dissertation has discussed the contents of combination accounting basic methods (purchase method and pooling of interests methods and analyze the distinction between them ,explain the reason why the purchase method is applied in our country.Compiling consolidated statement after business combination is a major part. Compiling elimination entry is a crucial link of compiling consolidated statement. That compilation of elimination entry is right or not directly relates whether consolidated statement can play due function. According to basic consolidated theory and account procedure method, the dissertation has probed into important internal transactions and methods of compiling their elimination.