Enterprise Accounting System: Questions and Answers

Author: Hu Shiqiang
Publisher:
Publish Date: 2002-01-01
Features: China's economy is transitioning to a socialist market economy and integrating with the world economy. Accounting is also rapidly aligning with international standards. On November 27, 2001, the Ministry of Finance officially released the Financial Enterprise Accounting System, which is an important component of China's unified accounting system. The release of the Financial Enterprise Accounting System is another major initiative by China to further deepen accounting reforms, standardize the accounting practices of financial enterprises, and improve the quality of accounting information, following the Ministry of Finance's release of the Enterprise Accounting System on December 29, 2000. This marks the maturation of China's accounting reforms and will have a profound impact on the accounting work of financial enterprises and the entire economy. To help readers accurately understand the spirit and essence of the new Financial Enterprise Accounting System, master its specific provisions, and perform accounting correctly, the author has specially written this book, hoping to contribute to the promotion, implementation, and enforcement of the Financial Enterprise Accounting System. The book interprets the new Financial Enterprise Accounting System in a question-and-answer format, making it easy for readers, especially accounting professionals, to gain not only a direct and vivid understanding of the new system but also to quickly grasp the basic methods and techniques of accounting under the new Financial Enterprise Accounting System.