When will the company make consolidated statements after acquiring subsidiaries?

Q: A and B are two independent enterprises, and they are not related. A acquired B on 20 1 11,and B became a wholly-owned subsidiary of A. Do enterprises A and B need to be merged in 2011? If consolidation is required, is the accounting period from 65438+ 10/to 65438+February 3 1, or from the acquisition date to the end of the year?

A: Article 7 of the Accounting Standards for Business Enterprises No.33-Consolidated Financial Statements stipulates that the parent company directly or indirectly owns more than half of the voting rights of the investee, indicating that the parent company can control the investee, and the investee should be recognized as a subsidiary and included in the consolidation scope of the consolidated financial statements. However, unless there is evidence that the parent company cannot control the invested entity.

Article 17 stipulates that during the reporting period, the parent company shall adjust the opening amount of the consolidated balance sheet when preparing the consolidated balance sheet.

First, you need to determine the date of purchase. The basic principle of determining the purchase date is the time of control transfer.

In practice, enterprises should judge according to the principle that substance is more important than form, combined with the provisions of the merger contract or agreement and other related influencing factors.

When the following conditions are met at the same time, it can generally be considered that the transfer of control has been realized and the purchase date has been formed.