合并报表会计

ConsolidationMethod2Definitions–AASB127Para.4ConsolidatedFinancialStatementsarethefinancialstatementsofagrouppresentedasthoseofasingleeconomicentityGroup–aparentandallitssubsidiariesParententity–anentitythathasoneormoresubsidiariesSubsidiary–anentityincludinganunincorporatedentitysuchasapartnership,thatiscontrolledbyanotherentity3NatureofconsolidatedfinancialstatementsConsolidatedstatementsarethecombinedfinancialstatementsfora‘group’.AASB3BusinessCombinationsAppendixAbusinesscombination“Thebringingtogetherofseparateentitiesorbusinessesintoonereportingentity”4AppendixAbusinessdefinedas:Anintegratedsetofactivitiesandassetsconductedandmanagedforthepurposeofproviding:(a)Areturntoinvestors;or(b)lowercostsorothereconomicbenefitsdirectlyandproportionatelytopolicyholdersorparticipants.5Theacquisitionofanentitycontrastswiththeacquisitionofagroupofassets.AccountingforagroupofassetsisbasedonAASB116Property,PlantandEquipment.6Consolidatedfinancialstatementsprovideinformationonthefinancialperformanceandpositionofmultipleentitieswhicharetreatedasasinglereportingentity.Thesestatementsshowonlytheresultsoftransactingwithpartiesexternaltotheeconomicentity.7NatureofconsolidatedfinancialstatementsTheconsolidatedfinancialstatementsareproducedusingtheinformationcontainedinthefinancialstatementsoftheentitieswithintheeconomicentity,howevertheaccountsoftheindividualentitiesarenotaffectedTheconsolidatedfinancialstatementsconsistof:-Consolidatedstatementofcomprehensiveincome,-Consolidatedstatementofchangesinequity-Consolidatedstatementoffinancialposition.8NatureofconsolidatedfinancialstatementsWhohastoprepareconsolidatedfinancialstatements?AASB3para17:“Anacquirershallbeidentifiedforallbusinesscombinations.Theacquireristhecombiningentitythatobtainscontroloftheothercombiningentitiesorbusinesses.”9AASB3AppendixAReportingentity-Anentityinrespectofwhichitisreasonabletoexpecttheexistenceofuserswhorelyontheentity’sgeneralpurposefinancialreportforinformationthatwillbeusefultothemformakingandevaluatingdecisionsabouttheallocationofresources.Areportingentitycanbeasingleentityoragroupcomprisingaparentandallofitssubsidiaries.10ConsolidatedfinancialstatementsConsolidatedfinancialstatementsarepreparednotjustfortheshareholdersoftheparententity,butalsoforarangeofusers-creditors,employees,lenders,financialadvisers,analysts.ReasonsforConsolidationTorepresentasfaithfullyaspossiblethefinancialposition,financialperformanceandcashflowsofaparentanditssubsidiariesRelevanttousersUnderstandabletousersComparegrouptootherentitiesbyuser11ConceptsofConsolidationEntityconceptofconsolidationassetsandliabilitiesofparentandsubsidiaryNoncontrollinginterest(NCI)equityParententityconceptofconsolidationassetsandliabilitiesofparentandsubsidiaryNCIisaliabilityProprietaryconceptofconsolidationPro-rataconsolidation,basedonparentsshareofsubsidiaryassetsandliabilities12ControlasthecriterionforconsolidationControl-AASB3AppendixA“Thepowertogovernthefinancialandoperatingpoliciesofanentityorbusinesssoastoobtainbenefitsfromitsactivities”.Subsidiaryisanentitythatiscontrolledbyanotherentity.Hencedeterminationofwhetheroneentitycontrolsanotheriscrucialtothedeterminationofwhichentitiesshouldprepareaconsolidatedfinancialreport.13ControlTwopartstothedefinition:(thepowercriterion)theabilitytodirectthefinancialandoperatingpoliciesofanotherentity.(thebenefitcriterion)theabilitytoobtainbenefitsfromtheotherentity.Passiveversusactivecontrol–maynotbeactivelyinvolvedinthemanagementof.Non-sharedcontrol–canonlybeonecontrollingentity.14ControlLevelofshareownershipAASB127para13controlispresumedtoexistwhentheparentowns,directlyorindirectlythroughsubsidiaries,morethanhalfofthevotingpowerofanentityi.emorethan50%ofthesharesofanotherentity.Whereownershipinterestislessthan50%thereislessconsensusaboutwhethercontrolexists.15ExistenceofeffectivecontrolFactorsthatmightindicatetheexistenceofcontrol(AASB127,par.13)(cont.)Controlalsoexistswhentheparentownshalforlessofthevotingpowerofanentitywhenthereis(a)powerovermorethanhalfofthevotingrightsbyvirtueofanagreementwithotherinvestors;(b)powertogovernthefinancialandoperatingpoliciesoftheentityunderastatuteoranagreement;(c)powertoappointorremovethemajorityofthemembersoftheboardofdirectorsorequivalentgoverningbodyandcontroloftheentityisbythatboardorbody;or(d)powertocastthemajorityofvotesatmeetingsoftheboardofdirectorsorequivalentgoverningbodyandcontroloftheentityisbythatboardorbody..16ConsolidationadjustmentsAASB127para18-31CombinetheaccountsoftheentitiesButsubjectto3typesofadjustments:(i)Thesubstitutioneliminationentry(ii)Eliminationofinter-entitytransactionse.g.sales,andtheireffects(iii)AccountingforanyNoncontrollinginterest17ConsolidationadjustmentsConsolidationadjustmentsareNOTmadeintherecordsoftheparentorthesubsidiary,butonaconsolidationworksheetorinaspecialconsolidationjournal.Mayneedtorepeatcertainadjustmentseveryyear.18ConsolidationworksheetformatFinancialstatementsParentPLtdSubsidiarySLtdAdjustmentsConsolidatedamountsDrCrRetainedearningsSha