摘要
上市公司并购重组是其实现战略发展,扩大经营规模,提升盈利能力的重要手段和方式。近些年,高估值、高溢价、高承诺的“三高”并购对上市公司和资本市场有着十分深远的影响。上市公司并购重组业绩承诺已成为资本市场各方均能接受的制度安排。被并购的标的公司在业绩承诺期对注册会计师而言存在特定的审计风险。并购重组后,上市公司和注册会计师在业绩承诺期都存在着较大的风险。业绩承诺期并购重组标的公司及其管理层存在较大舞弊的动机和较高的舞弊压力,审计风险相对较高,需要注册会计师审慎应对,否则很容易出现审计失败。
The mergers and acquisitions(M&A)activities with high valuation,high premium and high commitment have produced profound impacts on the listed companies and capital markets.The performance commitment by listed companies in M&A activities has become an institutional arrangement acceptable to all the parties in the capital market.For CPAs,the acquired companies have specific audit risks in the performance commitment period.In the performance commitment period after M&A activities,both the listed companies and the CPAs face high risks.The acquired companies and their management are highly motivated and pressured to commit frauds,so there are relatively high audit risks that the CPAs should cautiously deal with.Otherwise,audit failures will easily occur.
出处
《中国注册会计师》
北大核心
2021年第11期88-90,3,共4页
The Chinese Certified Public Accountant
