合并报表会计.pptx

Consolidation Method 2Definitions – AASB 127 Para. 4 Consolidated Financial Statements are the financial statements of a group presented as those of a single economic entityGroup – a parent and all its subsidiariesParent entity – an entity that has one or more subsidiariesSubsidiary – an entity including an unincorporated entity such as a partnership, that is controlled by another entity 3Nature of consolidated financial statementsConsolidated statements are the combined financial statements for a ‘group’.AASB 3 Business Combinations Appendix A business combination“The bringing together of separate entities or businesses into one reporting entity” 4Appendix A business defined as: An integrated set of activities and assets conducted and managed for the purpose of providing:A return to investors; orlower costs or other economic benefits directly and proportionately to policyholders or participants. 5The acquisition of an entity contrasts with the acquisition of a group of assets. Accounting for a group of assets is based on AASB 116 Property, Plant and Equipment. 6 Consolidated financial statements provide information on the financial performance and position of multiple entities which are treated as a single reporting entity . These statements show only the results of transacting with parties external to the economic entity. 7Nature of consolidated financial statementsThe consolidated financial statements are produced using the information contained in the financial statements of the entities within the economic entity, however the accounts of the individual entities are not affectedThe consolidated financial statements consist of: - Consolidated statement of comprehensive income , - Consolidated statement of changes in equity - Consolidated statement of financial position. 8Nature of consolidated financial statements Who has to prepare consolidated financial statements?AASB 3 para 17:“An acquirer shall be identified for all business combinations. The