Small Business Accounting System and Supporting Regulations

Author: Jiang Yi
Publisher:
Publish Date: 2004-06-01
Features: To standardize the accounting practices of small enterprises, the Ministry of Finance officially released the "Accounting System for Small Enterprises" on April 27, 2004, which was implemented nationwide in small enterprises starting from January 1, 2005. This measure is an important step in further implementing the "Accounting Law of the People's Republic of China" and the "Regulations on Enterprise Financial Accounting Reports," as well as in rectifying and standardizing accounting practices. This book includes relevant regulations such as the "Accounting System for Small Enterprises," the "Accounting Law," the "Regulations on Accounting Reports," the "Basic Standards of Internal Accounting Control (Trial)," the "Standards of Internal Accounting Control—Cash Funds (Trial)," the "Standards of Internal Accounting Control—Sales and Collections (Trial)," the "Standards of Internal Accounting Control—Purchasing and Payments (Trial)," and the "Standards of Internal Accounting Control—Engineering Projects (Trial)." These are commonly used systems and regulations for financial and accounting personnel, serving as essential reference tools for on their desks.