体外孵化项目的合法会计信息失真研究——以爱尔眼科为例  

Research on the Distortion of the Legal Accounting Information of the Project Hatching in Vitro:A Case Study of Aier Ophthalmology

作　　者：李四海[1] 傅瑜佳 LI Si-hai;FU Yu-jia(Accounting School,Zhongnan University of Economics and Law,Wuhan 430073,China)

机构地区：[1]中南财经政法大学会计学院,武汉430073

出　　处：《管理案例研究与评论》2020年第1期86-101,共16页Journal of Management Case Studies

基　　金：国家自然科学基金项目(71502174,71702193);中南财经政法大学中央高校基本科研业务费专项资金资助项目(2722019JCT029)。

摘　　要：新经济、新业态的发展,新商业模式不断涌现,会计信息生产者按已有的会计准则和职业判断进行确认、计量、记录和报告,路径依赖下的会计处理程序可能会形成合法性信息失真。体外孵化成为企业扩张的加速器,也是隐藏风险的“雷”,目前的会计处理程序展现了一份资产、利润都高速增长的财务报表,而交易的风险可能被隐匿。本文以运用并购基金实现体外孵化的典型案例爱尔眼科作为研究对象,通过阐述体外孵化项目投资逻辑,分析复杂的商业交易造成控制权的模糊,致使其会计信息未反映经济实质以及内含的风险,以此提示信息使用者以及为监管层提供政策建议,当前会计准则和规范滞后商业模式发展,相关部门应该更关注市场的新商业模式以及其会计处理程序和信息披露监管。With the development of the new economy and new formats,new business models are emerging.Accounting information producers confirm,measure,record and report according to existing accounting standards and professional judgments,and the accounting procedures under path dependence lead to legal accounting information distortion.Hatching in vitro has become an accelerator for enterprise expansion,but it is also a“landmine”to hide risks.The current accounting process shows a financial statement with high growth in assets and profits,and the risk of trading is hidden.This article takes Aier Ophthalmology as the research object which is a typical case of using M&A funds to implement hatching in vitro.By clarifying the investment logic of projects hatching in vitro,analyzing the ambiguity of control rights caused by complex commercial transactions and the risk that its accounting information does not reflect the economic substance and connotation,this paper prompts accounting information users and provides policy advices to the regulators.The current accounting standards and norms lag behind the development of commercial forms,and relevant departments should pay more attention to the new business models of the market and its accounting procedures and information disclosure supervision.

关 键 词：体外孵化 会计信息 会计程序 商业模式 

分 类 号：F275[经济管理—企业管理]