Trade Relief Accounting - Theory and Practice

Author: Sun Zheng Liu Hao Li Lin
Publisher:
Publish Date: 2004-09-01
Features: This book is divided into four parts: Part I is the Basic Section, which elaborates on the basic concepts, legal frameworks, and procedures of the three major trade remedy measures—anti-dumping, countervailing measures, and safeguard measures. It also discusses the trade remedy accounting framework, with a focus on the core concepts of anti-dumping, particularly export price and normal value. Part II is the Theoretical Section, which analyzes key theories in trade remedies, including cost tracing in trade remedies, the analysis of "tracing motivation" in cost tracing, the impact of trade remedies on corporate internal controls, differences between domestic and international accounting standards, subsidy issues in trade remedies, and surplus management in trade remedies. Part III is the Response Section, which primarily explains two crucial aspects in practice: one is accounting information disclosure and the analysis and completion of investigation questionnaires, and the other is on-site inspections. Part IV is the Prevention Section, designed to be proactive and prevent problems before they occur. It includes corporate strategies for export enterprises (marketing strategies, pricing strategies, product positioning strategies, etc.), the design of an accounting system for trade remedies, the application of ERP in trade remedies, and defensive strategies to prevent trade remedy actions.