Intermediate Financial Accounting

Author: Li Yumin
Publisher:
Publish Date: 2002-09-01
Features: This book is one of the series textbooks for the Accounting program at Shanxi University of Finance and Economics. It is suitable for students majoring in accounting at universities and colleges, as well as for professionals engaged in accounting practice, business management personnel, self-study learners, and reference for accounting teachers. Financial accounting is an important branch of modern enterprise accounting. Modern financial accounting not only inherits the essence of traditional accounting procedures and methods but also continues to develop and improve with the changing socio-economic environment. Currently, with the growing development of the market economy and the increasingly mature capital markets, the information-providing function of financial accounting has garnered increasing attention from all sectors of society. Especially with the continuous emergence of accounting scandals worldwide, financial accounting is now under strict state regulation. At the same time, changes in the socio-economic environment have led to more practical challenges for the fundamental theories and practices of financial accounting. The design of the book strives to reflect the theoretical, practical, normative, and forward-looking aspects of financial accounting, aiming to achieve a balance between theory and practice. The book is compiled based on the latest accounting regulatory documents newly issued and implemented by China's Ministry of Finance and relevant legislative bodies. It is grounded in financial accounting practice, incorporates the latest research findings in financial accounting, and absorbs the strengths of similar excellent textbooks from both domestic and international sources, providing readers with a comprehensive understanding of financial accounting that integrates theory and practice.