Research On The Problems And Countermeasures Of Goodwill Impairment Of Tianshen Entertainment

With the intensification of market competition,some enterprises usually achieve their goals by means of merger and acquisition in order to occupy the market quickly and seize the opportunity.In merger and acquisition,enterprises are usually willing to pay more than the book value of the acquired company to gain control.However,When the acquired company fails to fulfill its performance commitment,it is inevitable for the acquired company to make provision for impairment of its merger and acquisition goodwill.Due to large amount of goodwill impairment caused by the business performance of the enterprise has occurred frequently,so as to bring a huge obstacle to the development of business.In 2018,due to the securities regulatory commission issued the Accounting Regulatory Risk Reminder No.8-Goodwill Impairment,monitoring measures,many enterprises focus on impairment test in 2018,led to a substantial amount of impairment provision,the impact on the enterprise’s net profit in current is bigger,lead to some enterprise is facing the danger of delisting,it also exposes our country listed company that there is a widespread impairment inadequate follow-up measurement problem,particularly in light asset company.The thesis takes Dalian Tianshen Entertainment Co,LTD as the research object,using the case study,by understanding the status of the company appeared in the process of continuous acquisition of huge goodwill,analyzing the related problems of Tianshen Entertainment’s goodwill in the process of acquisition,found that Tianshen Entertainment high premium merger and acquisition goodwill incomplete disclosure and unreasonable goodwill impairment provision and etc.Then it analyzes in detail the reasons for the huge impairment of the goodwill of Tianshen Entertainment,and puts forward the solutions to the impairment of the goodwill of Tianshen Entertainment.The conclusion shows that it is necessary to evaluate the value of the acquired enterprise reasonably;Improve management means of the acquired company;Improve the information disclosure system of goodwill,and provide some countermeasures and suggestions for solving the problem of goodwill in the future.There are 9 figures,19 tables and 51 references.