Research On The Recognition And Measurement Of M&a Goodwill In China

In recent years,with the rapid development of China's economy and the continuous improvement of the capital market,the M&A activities of listed companies in China have become more active.From 2012 to 2016,a total of 19,811 mergers and acquisitions took place in China's A-share market,which represented a rapid growth.The total amount of mergers and acquisitions totaled 10.8 trillion yuan,which increased year by year.In 2016,the number of companies with goodwill assets in the A-share market reached more than half,and the total amount of goodwill brought by mergers and acquisitions exceeded RMB 1 trillion.Goodwill has become an important asset of listed A-share companies.From 2012 to 2016,the devaluation amount of goodwill in China increased tenfold in five years.In 2016,on the A-share market,the ratio of companies with goodwill impairment to the proportion of companies with goodwill reached 19.51%.However,the phenomenon of large amount of goodwill being confirmed and the large proportion of accruals immediately after confirmation still occurs.The situation of long-term non-penalty after the recognition of goodwill also occurs from time to time,which indicates the recognition and measurement of goodwill in domestic M&A.There are still some problems that need further study.Therefore,this article first discusses the research background and significance of the full text,and then sorts out the relevant literature from both domestic and foreign aspects,and makes a related review.At the same time,it points out the content and methods of this study,as well as innovations and deficiencies.Secondly,it defines the concept of goodwill,classification,and the measurement of goodwill in mergers and acquisitions.At the same time,it also organizes and expounds the theoretical basis of the full text.Then,this paper selects manufacturing,communication and cultural industries,and real estate as representatives of different types of industries,analyzes the characteristics of goodwill in these industries,and the existing problems in the accounting treatment of goodwill,and analyzes the reasons.Finally,on the basis of the above research,the conclusions are summarized and policy suggestions are proposed.Therefore,this article first discusses the research background and significance of the full text,and then sorts out the relevant literature from both domestic and foreign aspects,and makes a related review.At the same time,it points out the content and methods of this study,as well as innovations and deficiencies.Secondly,it defines the concept of goodwill,classification,and the measurement of goodwill in mergers and acquisitions.At the same time,it also organizes and expounds the theoretical basis of the full text.Next,the paper selects manufacturing,communication and cultural industries,and real estate as representatives of different types of industries,and also uses Shanghai Electric Group,Chinese Media Group,and World Bank Group as examples to compare the similarities and differences in the recognition and measurement of goodwill in these industries.The analysis of the problems existing in the bank's goodwill accounting includes:First,the accuracy of the recognition of goodwill and follow-up measurement is not high;second,the initial and subsequent measurement changes of manufacturing goodwill are relatively large;the third is the reputation of communication and cultural media Assessment information disclosure is not perfect.Fourth,the real estate industry has a large number of goodwill recognitions.At the same time,it also carried out a reason analysis,mainly reflected in the following four aspects:first,the lack of a strict and standardized information disclosure system;second,the industry's own development factors;third,the company's emphasis on earnings management;and fourth,the existence of an overall asset assessment institution.Disadvantages,lack of professionalism,risk of information asymmetry,etc.Then the proposed policy recommendations mainly include three aspects:First,it proposes a system of information disclosure including the improvement of mergers and acquisitions of goodwill;second,it strictly regulates the policy recommendations for recognition and subsequent measurement of goodwill;and thirdly,it improves the accuracy of the follow-up measurement of acquisition goodwill.policy suggestion.Finally,it is the full text of the research conclusions.