Scope Changes Impact on Book Performance of Consolidated Financial Statements

Abstract:

Currently, listed companies in our country generally draw up consolidated financial statements according to the new accounting standards requirements, and release consolidated financial statement to investors and relevant financial statements users so as to public company financial information. Consolidated financial statements can comprehensively reflect the financial position and operating results of listed companies. The key basic work of consolidated financial statements preparation is to reasonably determine the consolidation range of consolidated financial statements. Although the current new accounting standards have stipulated consolidation range, the new accounting standards has not specified the substantial control of concrete measurement method problem. So this paper takes one listed companys financial report and related data from 2007 to 2011 as data sources,selects listed enterprises with no clear merger reason as research object. Multivariate linear regression model is adopted to analyze the influence of merge scope change on book performance. The results show that the consolidated range change will change enterprises book report data,and the influence average value of book achievement is about 10.72%.

• Periodical: Applied Mechanics and Materials (Volumes 380-384)
• Pages: 4494-4499
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.380-384.4494
• Online since: August 2013
• Authors: Lian Feng Xia
• Keywords: Book Performance, Consolidated Financial Statement, Listed Company, Merge Scope

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