Financial accounting

Author: Wang Xiuli
Publisher:
Publish Date: 2002-07-01
Features: The background of writing this book is that China officially became a member of the World Trade Organization (WTO), facing new opportunities and challenges in accounting. The pace of accounting reform in China accelerated further, with multiple specific accounting standards being successively issued and implemented. The original special standards were continuously revised to adapt to the new economic situation. The unified "Enterprise Accounting System" replaced the industry-specific accounting systems, and Chinese accounting underwent another major transformation since 1993. Under such circumstances, we wrote this textbook, aiming to reflect the latest changes in China's accounting reform in the introduction of the basic financial accounting system. Specifically, when compiling this textbook, we focused on the following aspects:
1. Closely integrating the relevant content of the specific accounting standards issued so far and the unified "Enterprise Accounting System," striving to reflect the latest changes in China's accounting reform to meet the needs of accounting teaching, accounting practice, and accounting information users.
2. Guided by the objective of financial accounting—providing accounting information—based on accounting basic assumptions and principles, and with the accounting statement elements method as the main thread, this book provides a detailed introduction to the accounting methods of major accounting items, as well as the preparation and use methods of accounting statements.
3. According to the social demand for accounting majors, this book emphasizes practicality, including the use of new accounting standards and systems, as well as a relatively comprehensive introduction to tax accounting.