合并财务报表审计关注(邱)资料讲解.ppt

* Write down this Goodwill=purchase cost – FV 1.2 relate to X 3.4 relate to Y 5.6.7 relate to Z Write down this Goodwill=purchase cost – FV 1.2 relate to X 3.4 relate to Y 5.6.7 relate to Z * * Background Entity A has an 80% interest in its subsidiary, entity B. Entity A holds a direct interest of 25% in entity C, its associate. Entity B also holds a 30% interest in entity C. Is entity C a subsidiary or an associate of the Group? What is the Group’s economic interest in entity C? Solution Entity C is a subsidiary of the Group. Entity A controls entity B and therefore it also controls the 30% voting power of B over C. In addition, entity A has 25% direct interest, and related voting power in entity C. The Group’s total voting power in C is (30%+25%) = 55%. The Group controls entity C and should consolidate this subsidiary. Although the Group controls C, it is entitled to the subsidiary’s economic benefits based on its actual ownership interest. For the purposes of the consolidated financial statements, the Groups share of subsidiary C is determined as 49%=(25%+(80%X30%). As a result, A consolidates its subsidiary C and attributes 51% to minority interests. Background Two entities, A and B, operate in the same industry but in different geographical regions. A acquires a 10% shareholding in B as part of a strategic alliance. The strategic alliance is a binding arrangement. The terms of the alliance provide for B to implement a new production process under the supervision of two managers from A. The managers seconded from A, one of whom is on A’s board, will oversee the selection and recruitment of new staff, the purchase of new equipment, the training of the workforce and the negotiation of new purchase contracts for raw materials. The two managers will report directly to B’s board as well as to A’s. Solution The secondment of managerial personnel can affect the policies and practices of the entity to which the personnel are provided. The entity sending