Small Business Accounting Practical Operation Guide

Author: Shang Dongcai
Publisher:
Publish Date: 2004-07-01
Features: The "Small Enterprise Accounting System" consists of six parts. The first part is the General Introduction, which mainly specifies the basis, scope of application, and fundamental principles and requirements of the Small Enterprise Accounting System. The second part defines 60 accounting subjects, while also stipulating that small enterprises can flexibly handle them based on actual circumstances, without violating the principle of unified accounting. The third part is the usage instructions for accounting subjects, providing specific guidelines on how to use and account for the 60 subjects. The fourth part is the format of accounting statements. The "Small Enterprise Accounting System" regards the Balance Sheet and Income Statement as the basic accounting statements for small enterprises. Compared to general enterprises, these two statements are also relatively simplified. Whether to prepare a Cash Flow Statement is optional for enterprises based on their needs, with no mandatory requirement. The fifth part is the preparation instructions for accounting statements, which provides specific regulations for the items of the Balance Sheet and Income Statement. The sixth part provides examples of major accounting matters for small enterprises, offering guidance for small enterprises to use accounting for their needs.