Intermediate Financial Accounting

Author: Zhu Xiaoying / Yang Zhonglian (editors)
Publisher:
Publish Date: 2005-06-01
Features: This book is one of the "Continuing Education Series Textbooks for Higher Education Institutions" and is a core course for accounting majors. Based on the revised "Accounting Law" and the new "Enterprise Accounting Standards" and other relevant regulations, the book explains the recognition, measurement, accounting, and preparation of financial statements for a company's assets, liabilities, owner's equity, revenue, expenses, and profit, with a focus on practical accounting handling. The major feature of financial accounting is to use money as the primary measurement unit, based on accounting standards or systems, employing specific accounting methods and procedures to comprehensively, systematically, and objectively reflect and supervise the changes and results of accounting elements in a company's economic activities. It provides information about the accounting entity in the form of financial reports to meet the decision-making needs of accounting information users. The content of financial accounting is also essential knowledge that must be mastered and applied in accounting practice. During the writing process, the authors combined their long-term teaching experience and insights, striving for clarity and simplicity, integrating basic accounting theories and methods with practical accounting needs. Guided by the revised "Accounting Law" and the draft revision of the new "Company Law," the book is based on the requirements of the "Enterprise Accounting Standards," the new "Enterprise Accounting Standards," and other relevant regulations, focusing on explaining the recognition, measurement, accounting, and preparation of financial statements for a company's assets, liabilities, owner's equity, revenue, expenses, and profit, with a particular emphasis on practical accounting handling. To better understand and consolidate the learned content, each chapter includes a summary and is accompanied by a certain number of review questions and exercises, which users can select according to their actual needs.