Bank accounting

Author: Hu Jianzhong
Publisher:
Publish Date: 2004-09-01
Features: Commercial Bank Accounting is a book written by the author, who has fully absorbed the essence of the new Financial Institution Accounting System and drawn on the latest international financial accounting standards, combined with his long-term experience in teaching and practicing commercial bank accounting. The book is organized into units, where the first unit, Basic Theories of Commercial Bank Accounting, explains general accounting principles, elements, and the accounting system of commercial banks; units two to fourteen cover various business operations such as loans, deposits, clearing, RMB electronic settlement, bank cards, agency middle-office services, inter-institutional transactions, internal transactions, cash and vault operations, as well as fixed assets, intangible assets, owner's equity, and income and expenses. Each unit elaborates on the concepts, basic management regulations, operational procedures, and accounting treatments of these business operations and assets, liabilities, and owner's equity, based on their unique characteristics. The fifteenth unit, Year-End Closing, primarily discusses the methods, steps, and requirements of year-end closing, including preparation work, closing-day operations, and the preparation and review of closing financial statements. Additionally, the book includes the financial statements and preparation instructions for financial institutions for the year 2002.
The book has the following features:
(1) Practical Focus: It is aimed at accounting and cashier operators at the grassroots level, integrating the basic provisions of the new Financial Institution Accounting System into the practical operations of commercial bank accounting and aligning with cashier operational standards, making it highly practical.
(2) Innovative Approach: It breaks away from traditional writing styles, organizing the book into independent units based on the types of commercial bank accounting operations. It gathers the latest materials and provides in-depth and comprehensive explanations of the basic regulations, operational procedures, and accounting treatments for each commercial bank accounting activity.
(3) Broad Coverage: It encompasses a wide range of topics, including deposits, loans, settlements, bank cards, inter-institutional transactions, agency services, and other commercial banking operations, as well as commercial bank assets, owner's equity, and year-end closing. Each unit is self-contained, helping readers gain a comprehensive understanding of commercial bank accounting content and systems.
(4) Adaptability: It is suitable for both manual operations and cashier-led business processes. Since its first publication in 2003, the book has garnered significant attention from readers due to its detailed and practical content. The second edition, based on the first, adds new content on RMB settlement account management and accounting treatments for UnionPay cards and domestic clearing operations, in line with the latest financial institution accounting management regulations.