Joint Stock Company Accounting

Author: Lin Shiye Lin Hua
Publisher:
Publish Date: 2002-01-01
Features: This book has the following main characteristics:
1. Emphasizes new standards and new system requirements; Since 2001, the accounting norms in the form and content of China's joint-stock companies, foreign-invested enterprises, and even all large enterprises have undergone major reforms. The reform goal is to implement the new "Enterprise Accounting System." According to the Ministry of Finance's regulations, foreign-invested enterprises must implement the "Enterprise Accounting System" starting from 2002. The fourth edition of this book has been rewritten in accordance with the "Regulations on Enterprise Financial and Accounting Reports" promulgated by the State Council and the requirements of the Ministry of Finance's issued provisions such as "Investment," "Revenue," "Construction Contracts," "Debt Restructuring," "Changes in Accounting Policies, Accounting Estimates, and Corrections of Accounting Errors," and "Cash Flow Statements." This helps readers learn and apply new accounting standards and systems, solving new accounting issues they may encounter in study and work.
2. Focuses on the overall grasp and comprehensive handling of accounting information; Theoretically, accounting can be divided into branches such as basic accounting, intermediate financial accounting, advanced financial accounting, cost management accounting, and auditing. However, in practice, as a chief accountant or financial director, one must think about, handle, analyze, and disclose accounting information from the perspective of a cross-industry, cross-border holding group.
3. Emphasizes practical accounting handling; The fourth edition of this book absorbs the essence of financial accounting knowledge for joint-stock companies. It not only focuses on explaining accounting theory but also emphasizes how to correctly understand and apply the series of specific accounting standards and enterprise accounting systems issued by China's Ministry of Finance. It also introduces the handling methods of accounting practices, providing readers with a practical guide for learning, mastering, and applying new standards and systems.
4. Pays attention to forward-looking knowledge; In addition to rewriting the entire book according to the new standards and systems, the fourth edition also adds discussions on accounting for exhaustible assets and depletion of natural resources, financial accounting report analysis for special industries such as finance and oil and gas, DuPont analysis, foreign currency transactions, cross-border operations, contingent liabilities, segment reports, and interim reports, among other special financial report analyses. To make the content more concise, other industry accounting discussions from the third edition have been omitted.