Financial Accounting and Analysis

Author: Zhu Chuanhua
Publisher:
Publish Date: 2005-09-01
Features: This book is based on the newly promulgated enterprise accounting standards and accounting systems in China. The entire book is divided into three parts: Accounting Principles, Accounting for Financial Elements, and Financial Statements and Analysis. Accounting Principles include basic assumptions and general principles of accounting, accounting equation, specific content and general elements of accounting, double-entry bookkeeping, accounting vouchers, accounting ledgers, financial processing procedures, and asset verification. Accounting for Financial Elements (Routine Accounting and Business Accounting) consists of eight categories of economic business accounting, including monetary fund accounting, inventory accounting, wage and benefit accounting, loan accounting, accounts receivable and payable accounting, investment, revenue accounting, and expense accounting. Financial Statements and Analysis mainly covers the preparation procedures of financial statements, balance sheet preparation, income statement preparation, and cash flow statement preparation. Financial analysis involves using financial statement data and applying financial ratio analysis methods to conduct solvency analysis, operational capability analysis, profitability analysis, and comprehensive financial analysis. This book can serve as a teaching material for students majoring in economics and management in higher vocational colleges, as well as for adult education and on-the-job training for accounting professionals and self-study use by financial and accounting personnel. To help students consolidate their knowledge, review questions and exercises are provided at the end of each chapter.