International Accounting Standards and Financial Reporting Standards -- Research and Comparison

Author: Wang Xiangyao
Publisher:
Publish Date: 2005-09-01
Features: The content of this book is divided into five parts: Part 1 discusses the development, restructuring, and new trends of the International Accounting Standards Committee (IASC), describing the application prospects of international accounting standards and financial reporting standards worldwide. Part 2 explores the nature and role of the financial reporting conceptual framework, conducting an in-depth comparison between the IASC conceptual framework and other relevant conceptual frameworks from different countries. Part 3 examines the background, basic content, and key points of the 41 international accounting standards issued by IASC, providing a detailed comparison with accounting standards from the United States, the United Kingdom, and China. Part 4 studies the international financial reporting standards (IFRS) issued by the International Accounting Standards Board (IASB) and proposes relevant recommendations for the application of IFRS in China. Part 5 is an appendix, listing major events in the history of the development of international accounting standards, the main differences between Chinese accounting standards and international accounting standards, and detailed catalogs of U.S. and U.K. accounting standards, serving as further reference for research.