Research On The Non-recurring Gains And Losses Earnings Management Of Faw Xiali

Under the background of the rapid development of the world economy,in order to better establish itself in the market economy with the survival of the fittest,China's dairy industry faces both opportunities and challenges.In order to strengthen the supervision of food safety by enterprises and enhance the market competitiveness and cohesiveness of China's local enterprise brands,the quality of dairy products is improved from the source.Mergers and acquisitions,as one of the important forms of competition for dairy products companies,have begun in the survival of the fittest in the dairy industry.Gradually exert significant influence.With the expansion of corporate mergers and acquisitions,various countries have begun to focus on how to assess the degree of mergers and acquisitions of acquired companies.How to determine the profitability of a company after mergers and acquisitions,and how to compare the results before and after mergers and acquisitions,it is necessary to evaluate and analyze the performance of mergers and acquisitions.Mengniu and Yashili jointly issued a statement in June 2013 that opened the door to the merger and restructuring of dairy companies for the first time.Therefore,this paper combines the actual cases of China's dairy industry Mengniu Dairy and Yashili,taking domestic and foreign research results as the basic medium,selecting a balance scorecard as the method basis,and concretely analyzing the motivations and processes of corporate mergers and acquisitions,based on a balanced scorecard.The actual situation of M&A companies was subdivided into four areas:finance,customers,internal processes,and learning and growth.The relevant financial data from 2011 to 2016 were used to understand the performance of M&A companies from a comprehensive and wide-ranging perspective.A comparative analysis of the data of Mengniu and Yashili before and after mergers and acquisitions in various fields found that after Mengniu's acquisition of Yashili,because of the complementary advantages of resources,companies can enhance their competitiveness in finance,customers,internal processes,learning and growth.Although the Mengniu dairy merger Yashili can bring visible income to the merger and acquisition,but there are still some deficiencies.Finally,this article proposes relevant countermeasures and suggestions for the inadequacies,trying to provide reference and useful reference for the dairy industry,and ultimately improve the Chinese dairy products.The purpose of the industry's overall competitiveness.