Accounting Basics

Author: Wu Qinggang
Publisher:
Publish Date: 2004-08-01
Features: The main feature of this book is that it takes the six major accounting elements as the specific content of accounting object, and uses the accounting equation "Assets = Liabilities + Equity" as the theoretical foundation of double-entry bookkeeping. It provides a relatively detailed elaboration on the principles and methods of recognition, measurement, recording, and reporting of accounting elements, striving to present the content from simple to complex and in an easy-to-understand manner. The book has a novel system, a reasonable structure, and clear levels. Especially, it proposes new insights on the basic framework of accounting theory, the classification of accounts, and the content of basic economic business accounting. It effectively handles the relationship between reform, inheritance, and coordination, as well as the overlap in content between introductory and follow-up courses, while maintaining the appropriate level of necessary repetition. Each chapter of the book is accompanied by exercises and review questions, emphasizing the training of students' basic skills. The book has a clear purpose and strong targeting, primarily serving as a teaching material for accounting majors in vocational and technical colleges, but can also be used as a teaching material for relevant courses in other non-accounting majors of economics and as a training manual for accountants.