Enterprise Accounting and Tax Processing Illustrated

Author: Gao Lifu et al. (Editor-in-Chief)
Publisher:
Publishing Date: 2004-07-01
Features: To implement the "Accounting Law of the People's Republic of China" and the "Regulations on Business Financial Accounting Reports," adapt to the development of the socialist market economy and the new requirements of reform and opening-up after China's accession to the World Trade Organization, standardize enterprise accounting practices, and improve the quality of accounting information, the Ministry of Finance promulgated the "Enterprise Accounting System" in December 2000. This system broke through the boundaries of ownership and industry, established a unified national accounting system, fully reflected the comparability and prudence principles of enterprise accounting policies, and basically achieved coordination with international accounting practices. This book has the following features:
1. Close integration of accounting and tax treatment. The Accounting Law stipulates that companies and enterprises must confirm, measure, and record assets, liabilities, owner's equity, revenue, expenses, costs, and profits in accordance with the provisions of the national unified accounting system; while the Tax Law states that if a taxpayer's financial and accounting treatment methods conflict with relevant tax regulations, they must calculate their taxable income in accordance with the relevant tax regulations. It is evident that when accounting personnel handle various economic transactions, how to ensure compliance with both the accounting system and tax regulations is a major challenge in accounting. This book's key feature is its close integration of accounting practices and tax provisions, providing a unified and practical reference for accounting personnel in their daily operations.
2. Rich in illustrations and concise in content. This book presents the fundamental theories, basic knowledge, and basic methods of accounting and tax treatment in an easy-to-understand and visually engaging manner, enabling readers to grasp the concepts intuitively and comprehensively.
3. Emphasis on key points and the combination of theory and practice. The book highlights key areas and practical aspects, providing in-depth discussions on critical and challenging issues in accounting, especially the accounting treatment of tax matters, supplemented by illustrative examples to help readers focus on key points and resolve practical difficulties in their work.