外文翻译：合并会计和它对ma的影响

外文翻译：合并会计和它对ma的影响内容摘要：

ted standard Problem of ambiguous concepts stands out in mergers and consolidation. First, as Company Law in China has defined in chapter 7(revised in 1999), pany bination includes absorbing and newly uniting consolidation. However, the international standard on business bination also includes controlling consolidation. Second, as a mon practice ,merger means absorbing consolidation, while in Temporary Regulation on Accounting Method of Mamp。 A of china, merger is divided into two types: the target corporation has lost its qualification or retained legal, named absorption and 100% controlling bination. One bination controlling by more than one restrictions As the above discussion shows, the regulation on business bination in China are scattered in several different regulations, which manage the business bination from different views. This adds more difficulties practice. Lacking of a round law There still is not a clearly defined accounting method on newly united and controlling bination in China at present. At the same time, the current accounting method is so simple that it lacks some practical regulations, such as treatments of contingencies and purchasing step by step. Present regulations conflict with the practice and international standard It is already known that the allowed accounting method is similar to purchasing method, while in practice, the most mon used method is pooling of interests method. The allowed method is different from international accepted treatment, too. Here is an example. According to Temporary Regulation on Consolidation Accounting Statement, under partly controlling bination, the acquiring corporation is not requested to adjust the target’ s asset when reporting consolidation statements but consolidated directly on its book value. This will lead to the problem that the target corporation’ s fair value of asset and debt can not be reflected in the consolidation statements. Thus the longterm equity investment differences cannot be eliminated, resulting tin chaos in the acquiring corporation’ s longterm equity investment differences which include both asset premium and Goodwill. Another problem of this method is the heavy burden after bination, for the acquiring corporation has to amortize the longterm equity investment differences, which has negative effect on its profit. Collisions between regulations Take Temporary Regulation on Account Method of Mamp。 A for example , The Acquiring corporation is requested not only to affirm fair value of the target corporation’ s asset but also to identify the difference between purchasing price and the fair value of the target corporation’ s asset as goodwill and amortize on schedule. While based on Temporary Regulation on Consolidation Accounting Statement and Corporation Accounting Standard—Investment, the difference between investment cost and book value of the target corporation’ s asset owned are reflected on the acquiring corporation’ s consolidation statements. Such conflicts can confuse the practitioners. 5 Combination Accounting’ s Effects on Chinese Mamp。 A 4 Effects on Chinese inner Mamp。 A The problems discussed above have some sideeffects on the expansion of Mamp。 A in china. The main aspects are as fellows: Lacking of uniform guiding Since there is not a uniform regulation on business bination accounting method in China, both side of the big deal are amazed at how treat the business and how to report the consolidation statements. Corporation has a big option on choosing accounting method Different accounting method have different effects on pany’ s tax and profit, so corporations usually use pooling of interests method to minimize potential risks. Because the is no r。