A Mathematical Model of Foreign Trade Enterprise Consolidated Financial Statement

Consolidated financial statements can reflect the comprehensive financial position and operating results of foreign trade enterprise group, reasonably determines the merger range of consolidated financial statements which is the key foundation work of preparing consolidated statements. In view of th...

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Bibliographic Details
Published inApplied Mechanics and Materials Vol. 380-384; pp. 4804 - 4808
Main Author Zhu, Xiu Fang
Format Journal Article
LanguageEnglish
Published Zurich Trans Tech Publications Ltd 30.08.2013
Subjects
Statements Range
Merge Scope
Foreign Trade Enterprise
Consolidated Financial Statement
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Summary:Consolidated financial statements can reflect the comprehensive financial position and operating results of foreign trade enterprise group, reasonably determines the merger range of consolidated financial statements which is the key foundation work of preparing consolidated statements. In view of the problem that there is no specific provision of substantial control concrete measurement method of current new accounting standards, the paper takes nine enterprises of Shanghai with unclear merge reasons as sample enterprises. With their financial report from 2009 to 2011 as data sources, panel data model is applied to analyze the influence of merge scope change on sample enterprise book performance. The results show that the consolidated range changes may improve enterprise book report data, and the average value of book achievement influence is about 5.43%.
Bibliography:Selected, peer reviewed papers from the 2013 International Conference on Vehicle & Mechanical Engineering and Information Technology (VMEIT 2013), August 17-18, 2013, Zhengzhou, Henan, China
ISBN:3037858206
9783037858202
ISSN:1660-9336
1662-7482
1662-7482
DOI:10.4028/www.scientific.net/AMM.380-384.4804