Bank Accounting

Author: Yang Hua
Publisher:
Publishing Date: 2002-09-01
Features: This book is divided into eighteen chapters, based on the Accounting Law of the People's Republic of China and the Accounting Standards for Financial Institutions, it comprehensively and systematically introduces the basic theories and methods of using accounting methods to reflect the movement of bank funds. It strives to achieve a reasonable system, accurate concepts, standardized operations, and a connection between theory and practice, fully reflecting the spirit of accounting standards and the latest achievements of accounting reforms. The new Accounting Standards for Financial Institutions have been officially implemented since January 1, 2002. To meet the needs of teaching materials for higher education institutions and learning for staff in banks, financial and tax departments, and intermediary agencies, Professor Yang Hua organized the writing of this Bank Accounting. This book is divided into eighteen chapters, based on the Accounting Law of the People's Republic of China and the Accounting Standards for Financial Institutions, it comprehensively and systematically introduces the basic theories and methods of using accounting methods to reflect the movement of bank funds. It strives to achieve a reasonable system, accurate concepts, standardized operations, and a connection between theory and practice, fully reflecting the spirit of accounting standards and the latest achievements of accounting reforms. This book has the following characteristics: First, it fully reflects the spirit of the new system. During the development of the new system, the author paid attention to collecting relevant materials, studied and researched the draft and final text of the new system, combined with more than ten years of experience in teaching, research, and practice in bank accounting, revised it several times, and strived to systematize, specify, and enhance the practicality and operability of the principles and methods of the new system in teaching. Second, it correctly handles the relationship between the system and the textbook, adhering to the system without being rigidly bound by it. The chapter order adopts a business sequence rather than arranging according to accounting elements as per the system, which helps beginners grasp the sense of handling transactions and understand multi-line accounting methods more easily from simple to complex. In business accounting, it organically combines the basic theories and methods of accounting with the individual characteristics of specific business accounting, enabling readers to not only master the accounting techniques of current business but also apply basic theories and methods to design new accounting procedures and methods for future new business, thus developing the ability to innovate in accounting. Third, it correctly handles the relationship between banks and basic accounting principles, as well as corporate accounting. To highlight the characteristics of bank accounting in a limited space, this book carefully selected and edited cross-content, making it more concise and focused. Fourth, it emphasizes the horizontal connections in different business accounting and maintains a unified accounting standard, which helps improve readers' comprehensive accounting skills. In this textbook, not only is a detailed comparison made between manual interbank and electronic interbank, but also, according to current practical operations, the accounting of settlement, foreign exchange, and other businesses is completely built on the established platform of interbank transaction accounting, maintaining a unified accounting standard and helping readers to untangle the complexities of accounting and improve their comprehensive accounting skills. Fifth, it has a forward-looking concept and novel content, reflecting the innovation of bank accounting. The starting point for writing this textbook is to strive to enable readers not only to master the accounting methods of current business norms but also to develop the ability to innovate in new business accounting under the regulation of accounting standards. This also aligns with the era trend of continuous innovation in banking business and the personalization of financial products. Therefore, this textbook not only introduces the accounting methods for new business and content such as financial derivative instruments, agency business, and new content such as (asset), asset impairment, and income tax accounting that have emerged in recent years but also, in the accounting of traditional business, adheres to the system without being rigidly bound by it, focusing more on the philosophy behind the methods. Sixth, it incorporates collective wisdom. This book was jointly written or discussed by teachers from Renmin University of China, Central University of Finance and Economics, Xiamen University, Southwest University of Finance and Economics, Central South University of Finance and Economics, University of International Business and Economics, Shanxi University of Finance and Economics, and Henan University of Finance and Economics. These teachers have long been engaged in related teaching and research work, possessing a certain theoretical foundation and practical experience. At the same time, the writing of this book also received strong support from the practical business departments of banks. In addition to being used as a teaching material for universities, this book can also be used as a training manual for banks and other departments, as well as a reference for economic and financial theorists and practitioners.