臺灣博碩士論文加值系統

本篇論文的目的為檢視蒙古共和國的企業個體，其財務報
表編製是否遵照國際財務報告準則。除了彙整、評論結果
之外，本文另外對企業個體、會計師事務所及政府相關機
構，歸納各類形違反準則編製的錯誤，並提出具體的修正
建議，作為參考，以期能對蒙古共和國未來財務報表的表
達有些許貢獻。
本文自蒙古交易所六個不同產業中選取八家企業，逐
一檢視其財務報表有無違反國際財務報告準則，或是有表
達不完整之處，結果發現，有十五種常見的編製錯誤，文
中並提供正確的編製方式

The purpose of this thesis is to examine financial statements of Mongolian
entities for International Financial Reporting Standard violations, and provide
comments and suggestions for the entities, government and for audit firms to
correct the violations of the standards, and improve presentation of financial
statements in the future. The financial statements of eight entities from six
different industries are examined for violations of International Financial
Reporting Standards, then inadequate and incomplete compliance with standards
have summarized.
15 common violations have found from financial statements of the selected
entities. Comments for entities, government, and audit firms were provided with
modified financial statement form.

CHAPTER ONE
INTRODUCTION...............................................................................................1
CHAPTER TWO
BACKGROUND REFERENCE-MONGOLIA ...............................................3
I. Business environment in Mongolia.............................................................3
The country background.................................................................................3
Major industries..............................................................................................3
Establishment of stock market........................................................................3
Listed companies and shareholders................................................................5
Mongolian stock market today .......................................................................6
II. Mongolian accounting system....................................................................8
Accounting system before 1990 .....................................................................8
Issues, responses since 1990...........................................................................8
Governing Laws, Regulations, and Standards................................................9
Mongolian Accounting Standards ................................................................10
Accounting basis, Unit of accounting ..........................................................10
Auditing: Private, Public sector.................................................................... 11
Submission of Financial Statements.............................................................13
CHAPTER THREE
INTERNATIONAL FINANCIAL REPORTING STANDARD
VIOLATIONS....................................................................................................14
I. Selected entities...........................................................................................14
II. International financial reporting standard violations...........................16
Property, plant and equipment, depreciation ................................................16
Intangible assets and amortization ...............................................................18
Owners equity, its components.....................................................................20
Owners equity, transactions..........................................................................22
Tax disclosures .............................................................................................24
Investments in subsidiaries, associates, and in joint ventures......................25
Related party disclosures..............................................................................28
v
Receivables and doubtful accounts ..............................................................28
Inventories ....................................................................................................30
Foreign currency transaction, translation .....................................................31
Cash flow statement .....................................................................................32
Earnings per share ........................................................................................34
Dividends per share ......................................................................................35
Financial instruments, risk policy ................................................................36
CHAPTER FOUR
COMMENTS, SUGGESTIONS FOR ENTITIES, GOVERNMENT, AND
FOR AUDIT FIRMS .........................................................................................39
I.What should entities do?............................................................................39
General information......................................................................................39
Property, plant and equipment, depreciation................................................39
Intangible assets and amortization ...............................................................40
Owners equity, its components.....................................................................42
Owners equity, transactions..........................................................................42
Tax disclosures .............................................................................................43
Investments in subsidiaries, associates, and joint ventures..........................43
Related party disclosures..............................................................................45
Receivables and doubtful accounts ..............................................................46
Inventories ....................................................................................................47
Foreign currency transaction, translation .....................................................48
Cash flow statement .....................................................................................49
Earnings per share ........................................................................................49
Dividends per share ......................................................................................50
Financial instruments, risk policy ................................................................50
II.What should government do?..................................................................52
III.What should audit firms do?..................................................................54
IV. How to improve current form or financial statements?.......................54
Current form of Financial statements ...........................................................57
Revised version of Financial statements form .............................................72
vi
CHAPTER FIVE
SUMMARYAND CONCLUSIONS................................................................87
BIBLIOGRAPHY, REFERENCES.................................................................90
APPENDIX: FINANCIAL STATEMENTS....................................................92
APU JSC.......................................................................................................93
Mobicom Corporation ................................................................................ 110
Mongolian Telecommunication Company .................................................129
NIC JSC......................................................................................................143
Petrovis Co., LTD.......................................................................................167
Mongolrostsvetmet Corporation.................................................................181
Baganuur South East Region Electricity Provider State Owned Stock
Company.....................................................................................................199
Monital Cashmere Co., LTD ......................................................................214

1. “International Financial Reporting Standards”, 2004.
2. KPMG, “Insights into IFRS”, Aug.2004.
3. IASC “International Accounting Standards Explained”, 2000.
4. Thomas A Lee, “Developments in Financial Reporting”, 1986.
5. Harry I. Wolk, James L. Dodd, Michael G. Tearney, Accounting theory:
“Conceptual issues in a Political and Economic Environment” 6th edition, 2004.
6. John Flower, European Financial Reporting: “Adapting to a changing world”, 2004.
7. Ronald Ma, “Financial Reporting in the Pacific Asia Region”, 1997.
8. David Alexander, Anne Britton, Ann Jorissen, “International Financial Reporting
and Analysis”, 2003
9. Asian Development Bank: “Financial management and governance issues in
Mongolia”, 2000.
10. World bank: Mongolia macroeconomic brief, Feb.2006.
11. Mongolbank: Annual report, 2004.
12. Mongolian Stock Exchange: Semi Annual Report, 2005.
13. Badamdorj Batbayar, International journal of government auditing: “Overview of
reforms in the Mongolian SAI”,Oct.2003.
14. Econsulting Co., LTD, “Shareholders right in Mongolia”, 2002.
15. Accounting law of Mongolia, 2002.
16. Audit law of Mongolia, 1997.
17. Security law of Mongolia, 1994.
18. Company law of Mongolia, 1999.
19. Foreign investment law of Mongolia, 1993.
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20. General Law of taxation of Mongolia, 1993.
21. Entity income tax law if Mongolia, 1992.
22. Personal income tax law of Mongolia, 1993.
23. The official website Mongolian Stock Exchange www.mse.mn
24. The official website Ministry of Finance of Mongolia: www.mof.pmis.gov.mn
25. The official website Mongolian Institute of Certified Public Accountants:
www.monicpa.mn
26. The official website APU JSC: www.apu.mn
27. The official website Mobicom Corporation: www.mobicom.mn
28. The official website Mongolian Telecommunication Company: www.mtcone.net
29. The official website Petrovis Co,. Ltd: www.petrovis.mn
30. The official website MongolRostsvetmet Corporation: www.mongolros.com
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