Abstract: Corporation merging can bring some economic benefits and engender many relevant financial risks as well. Different financial ways and accounting methods taken during this process will lead to different financial results. Therefore, corporation merging must follow the market law and avoid blindness. And at the same time a special fund for merging should be established, pooling ways be extended, construction of accounting system be further strengthened and choices of accounting approaches be regulated.

Key words: economic benefits and financial risks, financial ways, choices of accounting approaches, corporation merging