Practical Financial Accounting

Author: Li Yan / Hao Nanxin (Editor-in-Chief)
Publisher:
Publish Date: 2004-09-01
Features: This course is a core subject for accounting majors in vocational and technical colleges, as well as a foundational course for economics and management majors. The book takes the economic activities of enterprises as the main thread, comprehensively and systematically explaining the recognition, measurement, and accounting methods for each accounting element. The book is divided into ten chapters:
Chapter 1: General Introduction, which primarily introduces the basic concepts of financial accounting, enterprise accounting standards, and the fundamental content and requirements of accounting;
Chapter 2: Monetary Funds and Accounts Receivable Accounting;
Chapter 3: Inventory Accounting, which primarily introduces materials, special inventories, and inventory checks;
Chapter 4: Investment Accounting, which primarily introduces the accounting methods for short-term and long-term investments;
Chapter 5: Accounting for Fixed Assets, Intangible Assets, and Other Assets, which primarily introduces the acquisition, reduction, and depreciation accounting of fixed assets, as well as the accounting for intangible assets and other assets;
Chapter 6: Liability Accounting, which primarily introduces the accounting for current and long-term liabilities;
Chapter 7: Equity Accounting, which primarily introduces the accounting for paid-in capital, capital surplus, accumulated surplus, and undistributed profits;
Chapter 8: Cost and Expense Accounting, which primarily introduces the accounting for costs, expenses, and period expenses;
Chapter 9: Revenue, Profit, and Profit Distribution Accounting, which primarily introduces revenue recognition, revenue accounting, profit accounting, and profit distribution accounting;
Chapter 10: Financial Accounting Reports, which primarily introduces the preparation of the balance sheet, income statement, cash flow statement, and supplementary schedules, as well as case studies on corporate financial report preparation.
This book is suitable for students majoring in accounting and economics and management in vocational, technical, and adult education institutions.