Intermediate Financial Accounting

Author: Yang Youhong
Publisher:
Publish Date: 2004-05-01
Features: This textbook has the following characteristics:
1. It strives to maintain the original system in structure. The original textbook extended knowledge along the line of accounting elements and finally elaborated on the structure and preparation methods of financial statements. Based on feedback, this structure aligns with learners' progressive cognitive process of accounting knowledge, and the revised textbook retains this basic framework.
2. It systematically incorporates the requirements of new accounting standards for accounting recognition, measurement, and reporting. In aspects such as the recognition of assets, the measurement of non-monetary transactions, and financial accounting reports, it reflects the characteristics of new accounting standards and their guiding significance for accounting practice.
3. It appropriately expands the original textbook. The revision of this edition adds a chapter on "Accounting Adjustments" based on the original twelve chapters. It provides systematic and easy-to-understand explanations of accounting policies and their changes, accounting estimates and their changes, correction of accounting errors, and accounting for post-balance sheet events. The purpose of doing so is to enhance learners' ability to make accounting adjustments in accordance with the requirements of accounting information reliability.