International Accounting Standards and Practices

Author: Zhang Xueqian
Publisher:
Publish Date: 2004-12-01
Features: With the acceleration of economic globalization, the trend of internationalization in accounting has become increasingly prominent. Especially with the need for economic integration, the wave of cross-border listings of domestic companies has surged. How to implement international accounting standards in accounting practice has become a crucial issue for companies seeking cross-border listings. Since the 1990s, the International Accounting Standards Committee has achieved certain results in its research on "core accounting standards," advancing the study and development of international accounting standards worldwide and promoting the growth of the global economy. After China joined the WTO, accelerating alignment with international accounting standards and practices, further perfecting China's accounting system, and enhancing marketization levels to build a more open, efficient, and resource-fluid market system have become important measures to strengthen China's economic power. In the process of writing this book, the author strives to incorporate international content into the research findings, absorb the latest accounting research achievements, and better serve China's economic construction. On one hand, the book draws heavily on international accounting literature, and on the other hand, it references the latest research conclusions and outcomes on international accounting in China, while also attempting to explore and explain issues in the context of certain real-world situations in the country.