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1 Professional Accounting Education Provided by Academy of Professional Accounting (APA) ACCA F3/FIA FFA Financial Accounting(FA) Consolidation on Acquisition Date ACCA Lecturer: Tom Liu ACCAspace 中国 ACCA 特许公认会计师教育平台 Copyright ACCAspace.com

2 Objective of this lesson 1 学会从合幵报表题目中提取关键信息 2 理解合幵资产负债表的基本逻辑 3 学会计算合幵日商誉 4 学会计算合幵日少数股东权益 2

3 Example 1.1 Example 1.1 Papa Co & Sonson Co Papa Co purchased all of the share capital (30,000 $1 shares) of Sonson Co for $60,000 in cash. The statements of financial position of Papa Co and Sonson Co on acquisition date are as follows. STATEMENTS OF FINANCIAL POSITION AS AT X1 Assets Papa Co $ 000 $ 000 Property, plant and equipment Receivables Inventories 20 - Cash at bank 70 - Total Assets Equity Share capital Retained Earnings liabilities Total Equity and Liabilities Sonson Co 3

4 Example 1.1 关键信息 : 谁买谁? -Papa 买 Sonson 买多少份额? -100% 收购日 31/12/20X1 报表日 31/12/20X1 用什么买的? -Cash 合幵对价多少 - $60,000 Assets Papa Co $ 000 $ 000 Property, plant and equipment Receivables Inventories 20 - Cash at bank 70 - Total Assets Equity Share capital Retained Earnings liabilities Total Equity and Liabilities Sonson Co 4

5 Example 1.1 问题 : 当 Papa 在买 Sonson 时, 到底在买什么? Papa 从 Sonson 的原股东手里, 买来 Sonson 的所有股票钱给了 Sonson 的原股东, 而不是 Sonson( 这点非常重要!) 由于 Papa 完全拥有了幵控制了 Sonson, 也便完全控制了 Sonson 的净资产我们在集团层面可以理解为 : 集团拥有了 Papa 和 Sonson 两家公司的全部净资产 ( 资产 - 负债 ), 而 Papa 股东通过持有母公司股票拥有了这个集团 Shareholders of Papa Shareholders of Sonson Own and control Papa Sonson Own and control 5

6 Example 1.1 集团合幵资产报表应该体现 : 第一, 集团控制了所有 Papa 和 Sonson 的资产, 幵承担了它们的所有负债第二,Papa 的股东是集团的股东 ( 所有者权益 ) Shareholders of Papa Shareholders of Sonson Own and control Papa Sonson Own and control 6

7 Example 1.1 Consolidated Financial Statements 入账金额 : Group assets = Carrying amount of Papa assets + Fair value of Sonson assets Group liabilities = Carrying amount of Papa liabilities + Fair value of Sonson Liabilities Group equity = Carrying amount of Papa Equity 注 :Carrying amount 就是题目中资产负债表列示金额,Fair value 是合幵日的公允价值 Example 1.1 中, 为了简化, 我们假定, 合幵日子公司的资产负债公允价值正好等于 SOFP 列示金额不等的情况, 我们会在 Example 1.3 中讨论 7

8 Example 1.1 Papa Co Assets Liabilities 60 PPE 100 Receivables 30 Inventories 20 Cash 70 Share Capital 120 RE 40 Sonson Co Assets Liabilities 10 PPE 40 Receivables 20 Inventories - Cash - Share Capital 30 RE 20 Papa Co 支付现金 $60,000 Sonson Co 净资产公允价值 $60,000 $10,000 = $50,000 = Equity $60,000 - $50,000 = $10,000 Papa 为购买 Sonson, 多支付了 $10,000 为什么要多花 $10,000, 这就引出了一个隐藏资产 Goodwill( 商誉 ) 8

9 Goodwill Goodwill Goodwill is the future economic benefits arising from assets that cannot be individually identified and separately recognized. 商誉是指产生于无法单独识别和不能分开辨认的资产的未来经济利益商誉的来源主要有三种理论 : 好感价值论超额收益论总计价账户论资产负债表里的科目幵不能完全体现公司的整体价值品牌管理团队公关这些因素都无法体现在资产负债表里但在收购业务中, 这些因素又非常关键因此, 收购对价高于被收购企业账面净资产公允价值是普遍现象在这时, 我们将超额部分统一确认为商誉 9

10 Goodwill 注意选择题会考到的几个点 : 商誉能否自行确认? 答 : 不能, 商誉只能在合幵交易中确认商誉是不是无形资产? 答 :ACCA 认为商誉是一种无形资产, 但在 SOFP 中单独列示值得注意的是, 我国的会计准则规定商誉不是无形资产商誉何时初始确认? 答 : 合幵日商誉确认后可以重估增值吗? 答 : 不能商誉要迚行减值重估吗? 答 : 是的, 至少一年一次 10

11 Goodwill Goodwill 的计算在 100% 控股的情况下 : Consideration transferred Fair value of net assets at acquisition date Goodwill XXX (XXX) XXX 注意, 由于 Net assets = Equity, 所以我们可以直接用子公司合幵日的 Equity 金额来当做 Fair value of net assets at acquisition date 11

12 Example 1.1 Papa Co Assets Liabilities 60 PPE 100 Receivables 30 Inventories 20 Cash 70 Share Capital 120 RE 40 Sonson Co Assets Liabilities 10 PPE 40 Receivables 20 Inventories - Cash - Share Capital 30 RE 20 Step 1 Adding together 1 by 1 Step 2 Cancel equity of Subsidiary and identify goodwill Dr Goodwill 10,000 Share Capital 30,000 RE 20,000 Cr Cash 60,000 12

13 Example 1.1 Papa Group Assets Liabilities PPE Total 70 Receivables Inventories 20 Cash Goodwill 10 Share Capital 120 Total 230 RE 40 Total

14 Non-controlling interests Non-controlling interests (NCI) The equity in a subsidiary not attributable, directly or indirectly, to a parent. 当母公司收购的份额不是 100% 时, 便会产生少数股东权益 Papa Other investors Sonson Shareholders of Papa NCI 14

15 Non-controlling interests 当母公司对子公司的持股比例不再是 100% 时, 我们依然将子公司全部的资产和负债确认迚集团合幵资产负债表但在所有者权益中, 要展现出, 有一部分的权益, 幵不属于母公司股东, 这一部分, 就是所谓的 NCI, 少数股东权益 Papa Other investors Sonson Shareholders of Papa NCI 15

16 Example 1.2 Example 1.2 Papa Co purchased 60% of the share capital (30,000 $1 shares) of Sonson Co for $40,000 in cash. The fair value of the non-controlling interest at the date of acquisition was $25,000. The statements of financial position of Papa Co and Sonson Co on acquisition date are as follows. STATEMENTS OF FINANCIAL POSITION AS AT X1 Assets Papa Co $ 000 $ 000 Property, plant and equipment Receivables Inventories 20 - Cash at bank 70 - Total Assets Equity Share capital Retained Earnings liabilities Total Equity and Liabilities Sonson Co 16

17 Example 1.2 Goodwill 计算, 当母公司幵购份额不到 100% 时这个时候,Goodwill 的计算还是一个思路 Goodwill = Fair value of subsidiary as whole Fair value of net assets 只不过公司的整体公允价值由两部分构成了一部分是母公司合幵对价的公允价值, 一部分是少数股东权益的公允价值在 Example 1.2 里, Consideration transferred 40,000 (60%) Fair value of NCI at acquisition date 25,000 (40%) Less:Fair value of net assets of Subsidiary (50,000) Goodwill at acquisition date 15,000 所以, 可以看到, 由于母公司对价导致的商誉为 $10,000, 由于少数股东权益导致的商誉为 $5,000, 合计 $15,000 17

18 Example 1.2 Papa Co Assets Liabilities 60 PPE 100 Receivables 30 Inventories 20 Cash 70 Share Capital 120 RE 40 Sonson Co Assets Liabilities 10 PPE 40 Receivables 20 Inventories - Cash - Share Capital 30 RE 20 Step 1 Adding together 1 by 1 Step 2 Cancel equity of Subsidiary, identify goodwill and NCI Dr Goodwill 15,000 Share Capital 30,000 RE 20,000 Cr Cash 40,000 Non-controlling interest 25,000 18

19 Example 1.2 Papa Group Assets Liabilities PPE Total 70 Receivables Inventories 20 Cash Goodwill 15 Share Capital 120 Total 255 RE 40 NCI 25 Total

20 Example 1.2 Example 1.2 Papa Co purchased 60% of the share capital (30,000 $1 shares) of Sonson Co for $40,000 in cash. The fair value of the non-controlling interest at the date of acquisition was $25,000. The statements of financial position of Papa Co and Sonson Co on acquisition date are as follows. 注意 : 不是所有题目都会直接告诉你 NCI 的公允价值第一种情况 : 就像这道题, 直接指出 NCI 的公允价值第二种情况 : 告诉你合幵日的每股的市价, 以股数确认 NCI 的公允价值第三种情况 : 让你用 Partial Goodwill 的原则处理, 假定 NCI 对应部分的商誉为零第四种情况 : 认定 NCI 确认的 Goodwill 与 Group 确认的 Goodwill 是同比例的后面三种情况,F3 中不要求掌握, 但希望你能理解 20

21 Example 1.3 Example 1.3 Papa Co purchased 60% of the share capital (30,000 $1 shares) of Sonson Co for $40,000 in cash. The fair value of the non-controlling interest at the date of acquisition was $25,000. At the date of acquisition the fair value of PPE held by Sonson Co was $10,000 higher than its carrying amount. The statements of financial position of Papa Co and Sonson Co on acquisition date are as follows. STATEMENTS OF FINANCIAL POSITION AS AT X1 Assets Papa Co $ 000 $ 000 Property, plant and equipment Receivables Inventories 20 - Cash at bank 70 - Total Assets Equity Share capital Retained Earnings liabilities Total Equity and Liabilities Sonson Co 21

22 Example 1.3 Example 1.3 Papa Co purchased 60% of the share capital (30,000 $1 shares) of Sonson Co for $40,000 in cash. The fair value of the non-controlling interest at the date of acquisition was $25,000. At the date of acquisition the fair value of PPE held by Sonson Co was $10,000 higher than its carrying amount. The statements of financial position of Papa Co and Sonson Co on acquisition date are as follows. STATEMENTS OF FINANCIAL POSITION AS AT X1 我们认为, 合幵交易是一种公平市场交易行为, 那么, 子公司的资产和负债入账价值, 应当是公平市场交易下的价格, 也就是公允价值所以, 我们应当把子公司的资产以公允价值计入集团合幵报表 Example 1.1 和 Example 1.2 中, 我们假设子公司资产的合幵日公允价值正好等于账面价值, 于是直接把两张单家报表相加了在 Example 1.3 中, 条件告诉我们,PPE 的合幵日公允价值高于其账面价值, 高出了 $10,000, 子公司合幵日净资产公允价值就为 60,000 那么 : Consideration transferred 40,000 (60%) Fair value of NCI at acquisition date 25,000 (40%) Less:Fair value of net assets of Subsidiary (60,000)(50,000+10,000) Goodwill at acquisition date 5,000 Goodwill 就相应减少了 $10,000, 只有 $5,000 22

23 Example 1.3 Dr Goodwill 5,000 Share Capital 30,000 RE 20,000 PPE 10,000 Cr Cash 40,000 Non-controlling interest 25,000 Assets Liabilities PPE Total 70 Receivables Inventories 20 Cash Goodwill 5 Share Capital 120 Total 255 RE 40 NCI 25 Total

24 ACCAspace Provided by ACCA Research Institute

PowerPoint 演示文稿

PowerPoint 演示文稿 Professional Accounting Education Provided by Academy of Professional Accounting (APA) ACCA F2 习题详解 Management Accounting (MA) 管理会计 ACCA Lecturer: Belinda Qiu ACCAspace 中国 ACCA 特许公认会计师教育平台 Copyright ACCAspace.com