Research on the Accounting Treatment of Consideration in Share-trading Reform

Author

Yan-min, Peng ; Wen-yang, Cao

Author_Institution

Sch. of Manage., Harbin Inst. of Technol.

fYear

2006

fDate

5-7 Oct. 2006

Firstpage

1565

Lastpage

1569

Abstract

Since April 29, 2005, China begin the share-trading reform in stock market, the process of this reform is basically accomplished by the payment of the consideration that is from non-tradable shareholders to tradable shareholders. And its relevant accounting treatment is standardized by "Interim Provisions on Accounting Treatment concerning Share-trading Reform of Listed Companies", issued 2006 by Ministry of Finance. However, as the overall deepening of the reform and the introduction of new measure attribute, fair value, in the china\´s latest Accounting Standard for Business Enterprises (ASBE), some more detail and more depth accounting treatment problems need urgently to be solved. This paper discusses about the accounting treatment, and put forward some suggestions under the new accounting standard

Keywords

accounting; commerce; standards; stock markets; Ministry of Finance; accounting standard; business enterprises; nontradable shareholders; share-trading reform; stock market; tradable shareholders; Companies; Costs; Finance; Forward contracts; Guidelines; Measurement standards; Pricing; Security; Stock markets; Technology management; Accounting treatment; Consideration; Consideration model; Fair value; Share-trading reform;

fLanguage

English

Publisher

ieee

Conference_Titel

Management Science and Engineering, 2006. ICMSE '06. 2006 International Conference on

Conference_Location

Lille

Print_ISBN

7-5603-2355-3

Type

conf

DOI

10.1109/ICMSE.2006.314036

Filename

4105140