The Discussion about Consolidated Statements of Assets Impairment of Internal Contacts

With the growing size of enterprise development, more and more companies need to prepare consolidated statements to reflect the Group´s financial position and operating results. When the parent company and its subsidiaries or affiliates and subsidiaries increasingly complex business when the preparation of consolidated statements to the parent company has also brought more difficulties and problems. In particular, impairment of assets consolidated statements of issues will be on the authenticity of the whole enterprise group´s assets and profits of the real significant impact, if the improper accounting treatment may lead to distortion of accounting information, the disclosure of accounting data will seriously affect the interests of minority shareholders. This paper suggests the assets of the consolidated statements of impairment of re-accounting, but also a true reflection of the financial position and better protection of minority shareholders rights and interests.