Intermediate Financial Accounting

Author: Sun Zheng
Publisher:
Publish Date: 2003-05-01
Features: This book is one of the series "21st Century Accounting Professional Quality Case Teaching Materials." It primarily introduces financial accounting theory, methods, skills, and related cases. The content includes: an introduction to financial accounting standards, basic frameworks, and accounting information systems; the determination of assets, liabilities, owner's equity, costs, expenses, and profits; financial reporting information disclosure and analysis. Based on traditional financial accounting textbooks, this book incorporates the strengths of university textbooks from abroad, adding vivid cases. It is rich in content and information, helping students broaden their horizons and enhance practical operational skills. It is the preferred choice for teachers using heuristic case teaching. This book is suitable for undergraduate and graduate students in universities, MBA programs, and vocational training. It provides a comprehensive and systematic elaboration on the content of intermediate financial accounting, divided into six parts and fifteen chapters. Chapters 1 to 2 are Part I—Basic Theories and Basic Methods, primarily explaining the impact of the socio-economic environment on accounting and the basic theories, assumptions, and fundamental principles of financial accounting; Chapters 3 to 7 are Part II—Assets, primarily covering monetary funds and accounts receivable, inventory, investments, fixed assets, intangible assets, and other assets; Chapters 8 to 9 are Part III—Liabilities, primarily discussing current liabilities and long-term liabilities; Chapters 10 to 11 are Part IV—Profits, primarily explaining the recognition of revenues and expenses, the determination of profits, and income tax; Chapter 12 is Part V—Owner's Equity, primarily covering invested capital and its changes, and retained earnings; Chapters 13 to 15 are Part VI—Financial Statement Preparation, Disclosure, and Analysis, primarily discussing the income statement, balance sheet, cash flow statement, financial reporting information disclosure, notes to financial statements, and financial statement analysis.