Consolidated Financial Statements-balance-sheet Financing Problem

The subject mainly discussed in this thesis is off-balance-sheet financing caused by the criterion of consolidated financial statements. The breakthrough of this research is the special purpose entity (SPE). Of balance sheet financing is a worldwide phenomenon as a result of the present accounting rules,which is strengthening the possibility for accounting users to make selection with the innovation of transactions and organizations. According to the existing literature of research, although many scholars and rule-making institutions of home and overseas have studied the phenomena in depth, they did not draw quite acceptable conclusions. Such being the case, the author is trying to make a systematical analysis of off balance sheet financing theoretically. Of course, this is only presented as an initial attempt with the aim of introducing others to come forward with opinions that are more valuable.There is dispute on high-qualities accounting rules, understanding of transaction substance, coordination of transaction and its process. This dissertation drew conclusion: on one hand, innovation of accounting theory and substance using by information user will solve the problem of disclosing; on the other hand, it is necessary to identity of balance sheet financing phenomena.The structures of this dissertation consist of chapters, the contents of which are followed:The first part is an introduction, which first on the viewpoint of accounting research clarifies the definition of off balance sheet financing, and both the theoretical and practical significance of the study of off balance sheet financing in accounting. The purpose of discuss of off balance sheet form the view of merged accounting statement is to make it in the sheet.