How to prepare the working paper of the accounting consolidated statement

1. Offset entries are entered into the working papers.

a) Balance sheet.

1. The offsetting entries of "minority interests" should be entered into the working papers of the balance sheet.

2. The offsetting entries of "undistributed profits" do not need to be entered into the working papers of the balance sheet, and the consolidated number of undistributed profits should be copied according to the "undistributed profits" calculated in the consolidated profit distribution statement.

3. The offsetting entries of other assets, liabilities and owners' equity items are all entered into the balance sheet working papers.

b) Income statement.

1. The offsetting entries of income, cost and expense items are all entered into the working paper of the profit and loss statement.

2. The offsetting entries of "minority shareholders' profit and loss" are entered into the working paper of the profit and loss statement.

3) Profit distribution statement.

1. The offsetting entries of "undistributed profits at the beginning of the year", "withdrawal of surplus reserves" and "profits payable" are all entered into the working papers of the profit distribution table.

2. The net profit is copied according to the "net profit" calculated in the consolidated income statement.

3. The offsetting entries of "undistributed profits" should be entered into the profit distribution statement.

Note: 1. The purpose of the "undistributed profit" offsetting entries entered into the profit distribution statement is to balance the entire working paper loan.

2. The consolidated number of "undistributed profits" is not based on the total addition, subtraction, and offsetting entries of the parent and subsidiary of the project, and the specific calculation process is detailed below.

2. Calculation of the combined number.

a) Balance sheet.

1. The consolidated number of asset items The total of parent and subsidiary companies of asset items Offsetting debits and offsetting credits.

2. Consolidated number of allowance items Total amount of parent and subsidiary of allowance items Offsetting credit Offsetting debit.

3. Consolidated number of liabilities and owners' equity items Total of parent and subsidiary of liabilities and owners' equity items Offsetting credit Offsetting debit.

4. The total number of assets and the number of items merged is the sum of the number of assets and the number of items combined.

5. The total number of equity items is combined, the sum of liabilities and owners' equity items, and the minority shareholders' interests.

b) Income statement.

1. Consolidated number of revenue, other business profits and net investment income Total of parent and subsidiary of the original project Offsetting credit Offsetting debit.

2. Consolidated number of costs and expenses Total of parent and subsidiary companies of the original project Offset debit Offset credit.

3. The consolidated number of total profits, the algebraic sum of the consolidated number of income, costs, other business profits, net investment income and non-operating income and expenditure items.

4. Consolidated net profit, consolidated total profit, total income tax, total parent and subsidiary, profit and loss of minority shareholders.

3) Profit distribution statement.

1. Consolidated number of undistributed profits at the beginning of the year Total of undistributed profits at the beginning of the year Parent and subsidiary total Offsetting credits Offsetting debits.

2. Withdrawal of surplus reserve and profit payable Consolidated number of surplus reserve and profit payable items of parent and subsidiary Total offset debit Offset credit.

3. Consolidated number of undistributed profits, consolidated number of net profit items for the current year, consolidated number of items with surplus reserves, consolidated number of profit payable items.

Note: The understanding of the items "Withdrawal of Surplus Reserve" and "Profit Payable" in the consolidated statement is consistent with that of the accounting account "Profit Distribution-Accumulation of Surplus Reserve" and "Profit Distribution-Profit Payable".

This is complicated, I have to talk for more than ten hours in the teacher's lectures, and I have to listen to it at least two or three times to understand it, not at all three or five sentences can be said clearly, in general, it is necessary to offset the transactions between each other within the group, bond debts, and then offset the long-term investment of the parent company and the owner's equity of the subsidiary, well, probably so.

1. Unify accounting policies and accounting periods.

Before preparing the consolidated financial statements, the parent company should unify the accounting policies adopted by the subsidiaries so that the accounting policies adopted by the subsidiaries are consistent with those of the parent company. If the accounting policies adopted by the subsidiary are inconsistent with those of the parent company, the financial statements of the subsidiary shall be adjusted as necessary in accordance with the accounting policies of the parent company;

If the accounting period of the subsidiary is inconsistent with that of the parent company, the financial statements of the subsidiary shall be adjusted in accordance with the accounting period of the parent company; or require the subsidiary to prepare separate financial statements according to the accounting period of the parent company.

2. Prepare the merger working paper.

The purpose of the consolidated working papers is to provide the basis for the preparation of the consolidated financial statements. In the consolidated working papers, the amounts of each item in the individual financial statements of the parent company and the subsidiary are summarized and offset, and the consolidated amount of each item in the consolidated financial statements is finally calculated.

3. Prepare adjustment entries and offset entries.

Adjusting entries and offsetting entries are prepared in the consolidated working papers to offset the impact of internal transactions on the relevant items in the consolidated financial statements. The preparation of offsetting entries and the offsetting treatment are the key and main contents of the preparation of the consolidated financial statements, and the purpose of this is to offset the duplication of factors in the total amount of each item in the individual financial statements.

4. Calculate the consolidated amount of each item in the consolidated financial statements.

On the basis of the total amount of each item in the individual financial statements of the parent company and subsidiary, the consolidated amount of each asset item, liability item, owner's equity item, income item and expense item in the consolidated financial statements is calculated separately. It is calculated as follows:

5. Fill in the consolidated financial statements.

Formal consolidated financial statements are generated based on the assets, liabilities, owners' equity, income, expense categories and the consolidated amounts of each item in the cash flow statement calculated in the consolidated working papers.

Hello dear dear, I am happy to answer for you: the answer is: consolidated statements and general financial statements are basically the same.

The differences are mainly in the following: under the item of shareholders' equity, the distinction between the equity attributable to the owners of the parent company and the item of minority shareholders' equity. On the income statement, two new lines are added after the net profit, "net profit attributable to the parent company" and "profit and loss of minority shareholders".

1. Set up the merge working paper. Provide the basis for the preparation of consolidated financial statements. 2. Transfer the data of individual financial statements into the consolidated working papers.

The data of the individual financial statements of the parent company and the subsidiaries included in the scope of consolidation are included in the consolidation working paper, and the data of each item in the individual financial statements of the parent company and the subsidiary are summed up in the consolidation working paper to calculate the total amount of each item in the individual financial statements. 3. Prepare adjustment entries and offset entries. The purpose is to adjust the impact of differences in accounting policies and measurement basis on individual financial statements, and to offset or adjust duplicate factors in the aggregate data of individual financial statements.

4. Calculate the consolidated amount of each item in the consolidated financial statements. On the basis of the sum of the individual financial statement items of the parent company and the subsidiaries included in the scope of consolidation, the consolidated amounts of each asset item, liability item, owner's equity item, income item and expense item in the consolidated financial statements are calculated separately. 5. Fill in the consolidated financial statements such as Changchong.

Formal consolidated financial statements are generated based on the consolidated amounts of assets, liabilities, owners' equity, revenues, costs and expenses, and the consolidated amounts of each item in the cash flow statement calculated in the consolidated working papers.

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How to apply the consolidated financial statements working papers. 1. Unify accounting policies and accounting periods 2, prepare consolidated working papers 3, prepare adjustment entries and offsetting entries 4, calculate the consolidated amount of each item in the consolidated financial statements 5, and fill in the consolidated financial statements.

How to apply the consolidated financial statements working papers.

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How to apply the consolidated financial statements workpapers. 1. Fan Minqi will take the accounting policy and accounting period 2, prepare the consolidated working paper 3, prepare the adjustment entries and offset entries 4, calculate the consolidated amount of each item in the consolidated financial statements 5, and fill in the consolidated financial statements.

Before preparing the consolidated financial statements, the company should unify the accounting policies adopted by the subsidiaries so that the accounting policies adopted by the subsidiaries are consistent with those of the parent company. If the accounting policies adopted by the subsidiary are inconsistent with those of the parent company, the financial statements of the subsidiary shall be adjusted as necessary in accordance with the accounting policies of the parent company; If the accounting period of the subsidiary is inconsistent with that of the parent company, the financial statements of the subsidiary shall be adjusted in accordance with the accounting period of the parent company; or require the subsidiary to prepare separate financial statements according to the accounting period of the parent company.

In the process of operation, the enterprise should carry forward the net profit realized, which can be accounted for through the profit account and profit distribution account of the current year, and how to do the specific accounting entries?

Carry forward the accounting entries for the realization of net profit.

Borrow: Profit for the current year.

Credit: Profit Distribution – Undistributed Profits.

Withdrawal of surplus reserves:

Borrow: Profit distribution - Potato Brigade withdraws statutory surplus reserve and arbitrary surplus reserve.

Credit: Surplus Reserve - Statutory Surplus Reserve, Discretionary Surplus Reserve.

Debit: Profit distribution - undistributed profits.

Credit: Profit distribution - withdrawal of statutory surplus reserves, arbitrary surplus reserves.

Distribution of cash dividends or profits:

Borrow: Profit Distribution – Cash dividends payable.

Dividends payable.

Debit: Profit distribution - undistributed profits.

Credit: Profit Distribution – Cash dividends payable.

There is no need to make accounting entries when declaring **dividends:

Payment of **Dividends:

Borrow: Profit distribution - dividends converted into share capital.

Credit: Equity. Debit: Profit distribution - undistributed profits.

Credit: Profit distribution – dividends converted into equity.

Surplus reserve to make up for deficit:

Borrow: surplus reserve.

Credit: Profit Distribution - Surplus Reserve to Make Up for Deficit.

Borrow: Profit distribution - surplus reserve to make up for losses.

Credit: Profit distribution - undivided rock distribution profit.

What is the profit for the year?

The profit of the year refers to the net profit (or net loss) of an enterprise in a certain fiscal year, which is calculated and determined by the composition of the company's profit, and is a dynamic indicator formed by the gradual accumulation of the enterprise from January to December of the calendar year. It is the balance of revenue minus expenses realized by a business in a certain accounting period.

What is Undistributed Profit?

Undistributed profit refers to the profit of the enterprise after the net profit realized by the enterprise has been retained in the enterprise after making up for the loss, withdrawing the surplus reserve and distributing the profit to investors.

What is share capital?

Share capital refers to the capital formed by the issuance of the joint stock company, and at the same time, the capital or capital of other partnership industrial and commercial enterprises can also be called share capital. In **, people will call the total amount of shares as the share capital, so the company's share capital can generally reflect the registered capital of a company, which is a very important indicator.

It is to help companies accurately understand their own business situation, identify problems in business conditions, and make appropriate decisions and treatments.

Through the consolidated financial statements, the company is able to summarize the business data of various branches and departments, analyze and compare, find differences and problems in the business, and make corresponding adjustments to improve the operating efficiency and profitability of the entire company.

It can also help the company meet the needs of investors, regulators and other stakeholders, and improve the company's brand image and market competitiveness by presenting important information such as the company's financial position, performance and growth potential.

1) The consolidated working paper data are all ** in the trial balance of each single parent and subsidiary, and the content and format of the trial balance of the parent and subsidiary are exactly the same, except that the equity method adjustment entries of long-term equity investment are added on the basis of the trial balance of the parent company to form the parent company's exchange statement; When the parent and subsidiary trial balance data needs to be modified or corrected, the consolidated working paper relinks the data through data updates.

2) The principle of the preparation of this merger working paper is that if it is not necessary to merge the number of the previous period and the number of the previous year again, it is only necessary to fill in the number of the previous year and the number of the previous period in the consolidated balance sheet, consolidated profit and profit distribution statement, and the number of the previous period in the consolidated cash flow statement. As for whether the preparation of the consolidated financial statements is correct, the key item to check is whether the undistributed profits at the end of the previous period are equal to the undistributed profits at the beginning of the current period, this issue is very important, and the correctness of the preparation of the consolidated accounting statements is usually to focus on solving this problem, that is, to solve the problem of continuity in the preparation of consolidated financial statements.

3) The preparation of consolidated statements is mainly to consolidate the balance sheet, consolidated profit and profit distribution statement, and consolidated cash flow statement, while the consolidated statement of changes in owners' equity does not need to be consolidated, but only analyzed and filled in on the basis of the consolidated balance sheet, consolidated profit and profit distribution statement. Among them, the contents of the consolidated profit and profit distribution statement range from the net profit in the income statement to the undistributed profit at the end of the trillion period in the profit distribution statement, which makes a good connection between the consolidated balance sheet and the consolidated statement of changes in owners' equity.