The Study On The Measurement Of Goodwill In Listed Companies

In recent years,there appears the sixth wave of mergers and acquisitions in the world which is focused on China,the behavior of mergers and acquisitions in our country is also increasing gradually.Then the accounting treatment of enterprises merger becomes a hot topic in academia and practical community.Among them,with the high premium mergers and acquisitions rising in goodwill,financial staffs pay attention to the goodwill,the recognition of goodwill and the follow-up measurement is one of the hot spots to discuss.By combing the theoretical development process of goodwill and the relevant rules on the measurement of goodwill,this paper found that there is controversy in the initial recognition and follow-up measurement of goodwill,and the further improvement of the accounting treatment of goodwill also requires the listed companies and others Market participation in the main government departments and other efforts.This paper takes Shenzhen Aishide company acquisition of Beijing Maibenlingdong Company as the study case,found that in the business combination,there are many problems in the company of Aishide's initial recognition of goodwill and follow-up measurement.In the initial recognition of goodwill,the valuation method based on the income law has a high valuation of assets and goodwill,during the commitment period,the company did not complete the commitment in the first year,the original shareholder resign from the company after he gave excess commitment to Aishide company,and Aishide Company makes provision for impairment of the long-term equity investment of the subsidiary company in the parent company's statement,these behaviors are more effective in verifying the possibility of goodwill being overestimated in initial recognition,at the same time,these actions indicate that the provision for impairment of goodwill relating to the company is an accounting error.Through the case analysis,this paper argues that improving the quality of accounting information about goodwill,we should make efforts from the following aspects.First,the relevant departments should introduce a unified index of asset evaluation methods,make effectively monitor the quality of the asset assessment report;Secondly,in order to realize the comparability of accounting information and the operability of practice,the accounting standards should change goodwill impairment test to straight-line amortization plus impairment test method,which can reduce the behavior of earnings management to some extent.For different industries,policy-making departments can introduce the methods about the impairment test of goodwill,to a certain extent,standardize the impairment test of goodwill;Thirdly,we must strengthen the disclosure of financial information and non-financial information,improve the transparency of information on listed companies,strengthen the supervision of listed companies by investors and other reporting users,promote the healthy development of capital markets.