Rsearch On The Impact Of Assets Reorganization On The Going-concern Ability Of Enterprises

With the development of our society and economic globalization degree strengthened,emerging economies are expanding.under the conditions of market economy,competition goes increasingly fierce,the level of business in different enterprises is on various levels,the internal and external environments of company are complex and changeable,business risks are also growing.In order to ensure investors and relevant information users can understand the relevant information of the enterprise effectively.A certified public accountant is required to perform audit work in order to perform the functions of economic supervision.,disclosure the business condition of the enterprise accurately.In the 1920 s,father of modern accounting theory in America William Andrew Paton in his book the theory of accounting,going concern is proposed for the first time,then,this assumption has been recognized by many national accounting scholars,because of the close connection between accounting and audit work,the going-concern ability of the enterprise has gradually become the focus of the audit staff,the reorganization of assets as a way of the enterprise to enhance its going-concern ability is also widely concerned,the audit opinion on the question of going-concern ability has been an important subject,it was concerned by many scholars.In recent years,there are numerous examples of non-standard opinions of listed companies in China due to the uncertainty of assets reorganization,in this case,explore how to enhance the enterprise’s going-concern ability through asset reorganization to be put on the agenda.In this paper,a large number of relevant literature about the going-concern ability and asset reorganization of enterprises are reviewed,combine its theoretical system,with the case of Sichuan Chemical Corporation.First of all,this paper analyzes the uncertainty of the result of the asset reorganization in Sichuan Chemical Corporation,that has led to doubts about its going-concern ability,an audit report with non-standard comments issued.Secondly,with the asset reorganization of Sichuan Chemical Corporation going,because of the existing financing risk and management control risk and the unique transaction risk and industry fluctuation risk in the process of asset reorganization,the possibility of the failure of asset reorganization of Sichuan Chemical Corporation was strengthened,but through the asset reorganization plan optimization design and control the asset reorganization process properly,control all kinds of risks in the process of asset reorganization appropriately,realized the enterprise restructuring,industrial transformation and upgrading,and finally realized the turn round to win,increased confidence among institutional investors.Finally,through the analysis and comparison of the going-concern ability after the reorganization of the Sichuan Chemical Corporation,several measures are put forward to help listed companies to carry out effective asset reorganization,for respectively,information collection before asset reorganization,encourage multiple stakeholders to participate in the daily operation of the enterprise actively,the design of asset reorganization plan should adhere to market-oriented,take the enterprise as the main body,during the development of enterprises,we should advocate innovation and diversity,we should guarantee implementation of asset reorganization plan,improve the information disclosure system,improve resources integration and management system,establish a standardized modern enterprise management system,it hoped that the listed companies in China can learn from it,when choose asset reorganization as the way to strengthen the enterprise’s going-concern ability.