Intermediate Financial Accounting

Author: Zhang Tianxi
Publisher:
Publishing Date: 2005-10-01
Features: This book covers all the content of the "Enterprise Accounting System" issued by the Ministry of Finance at the end of 2000 and the 13 specific accounting standards that have been released, reflecting the latest achievements of China's accounting regulation system reform. The book is based on China's national conditions and comprehensively elaborates on the theory and methods of financial accounting in China. Through studying this book, students can obtain financial accounting knowledge that meets practical needs. This book can serve as a textbook for undergraduate and graduate students majoring in accounting, auditing, and business management, as well as a reference book for a wide range of practitioners.
At the end of 2000, the Ministry of Finance officially released the "Enterprise Accounting System," requiring it to be temporarily implemented in the scope of joint-stock companies starting from January 1, 2001. Later, the Ministry of Finance issued a special document to expand the scope of implementation of this system, stipulating that other enterprises could also implement it first, and state-owned enterprises could implement it after obtaining approval from the same-level financial department. It can be said that the release and implementation of the new accounting system marked the beginning of another round of accounting reforms in China since the implementation of the "Two Principles and Two Systems" on July 1, 1993. This accounting reform aims to break the boundaries of industry, ownership, organizational methods, and business models, accelerate alignment with international accounting practices, and establish a unified national accounting system that meets the needs of the market economy. This reform is of great significance for improving the quality of China's accounting information and standardizing accounting practices.
To meet the needs of accounting teaching and practice in the 21st century, we organized the writing of this textbook. This book has the following two main features: First, novelty. The book covers all the content of the "Enterprise Accounting System" and the 13 specific accounting standards that have been released, reflecting the latest achievements of China's accounting regulation system reform. Second, practicality. The book is based on China's national conditions and comprehensively elaborates on the theory and methods of financial accounting in China. Readers can obtain financial accounting knowledge that meets practical needs by reading this book. This book can serve as a textbook for undergraduate and graduate students majoring in accounting, auditing, and other related fields, as well as a reference book for a wide range of practitioners.