Accounting (Second Edition)

Author: Wang Min Guo Huiyun
Publisher:
Publish Date: 2003-08-01
Features: This book is divided into three parts. The first part is the Basic Accounting Theory, which introduces fundamental accounting theories and basic accounting methods, providing the knowledge necessary for subsequent learning. The second part is Financial Accounting, characterized by its focus on meeting the needs of accounting information users associated with the enterprise for external reporting purposes. Based on the New Enterprise Accounting System implemented on January 1, 2001, this section introduces the methods of recognition, measurement, recording, and external reporting of the six accounting elements, as well as how to record and reflect the impact of basic economic activities on the financial position, operating results, and cash flows of the enterprise. The third part is Cost Management Accounting, characterized by its focus on meeting the needs of enterprise management authorities for managing and controlling operations for internal reporting purposes. This section takes industrial enterprises as the object and introduces the basic procedures for collecting production costs and calculating product costs, as well as the essential knowledge for cost management and control, budget management, profit forecasting, and basic methods for operational decision-making.