Western Financial Accounting

Author: Cao Huimin
Publisher:
Publish Date: 1997-05-01
Features: This book is written in accordance with the basic requirements and content of the "Western Financial Accounting" course offered by accounting majors in general universities. It aims to introduce the fundamental theories, accounting methods, financial statement preparation, and practical applications of financial accounting in modern Western countries, primarily the United States, to facilitate the alignment and implementation of Chinese accounting standards with international practices. The book is written in English to meet the growing demand for foreign economic transactions. It is suitable as a professional textbook for finance and economics majors in higher education institutions and can also serve as a self-study reference for accounting professionals with a certain level of English proficiency. Considering teaching requirements, learning outcomes, and student proficiency, the book exhibits the following features in its content and writing style:
1. Emphasizes the consistency of modern accounting theories, accounting methods, and their practical applications.
2. Reflects the latest trends in modern accounting, briefly introducing new accounting methods and reporting practices for certain economic transactions.
3. Adheres to the principles of "conciseness and clarity" and "simplicity in mastering complexity" to ensure the content is moderate and suitable for teaching.
4. Selects exercises to cultivate students' ability to analyze and solve practical accounting problems.
5. Includes an English-Chinese accounting glossary. Professional terms and idioms used in the textbook have been compiled for easy reference and use.