Principles of Accounting

Author: Wang Xuli
Publisher:
Publish Date: 2006-04-01
Features: This series is officially launched with the aim of: promoting advanced accounting education concepts and experiences; injecting high-quality resources into the diverse accounting book market. The series features the following characteristics:
A strong author lineup, consisting of accounting professors from the University of International Business and Economics with extensive teaching experience. They have co-authored numerous books, some of which have been recognized as Beijing Municipal Excellent Teaching Materials. This series is a crystallization of their collective wisdom.
Broad perspective and alignment with educational objectives, addressing issues from the perspective of enterprises or organizations to broaden the horizons of accounting students.
Closely integrated with the latest developments and content in China's accounting field, while drawing on mature theories and experiences from abroad. Through extensive case analyses, it strives to achieve fresh and vivid content.
Uniform and standardized format, strong practicality. Each chapter begins with learning objectives, cases, or introductions to help students identify key points and generate interest in the material. Each chapter ends with bilingual (Chinese-English) key terms, discussion questions, and exercises. Selected answers to exercises are provided at the end of the book for self-assessment.
Suitable for teachers and students of accounting, financial management, business administration, public finance and banking, and related fields.
Combining China's latest accounting standards and practical accounting practices while emphasizing international accounting conventions, this book introduces the fundamental theories, methods, and operational skills of accounting. The content primarily includes: accounting elements and accounting equation, accounting assumptions and principles, accounts and double-entry bookkeeping, accounting cycle (using examples of small service enterprises and commercial enterprises), accounting vouchers, accounting ledgers and bookkeeping procedures, accounting for major economic activities of production enterprises, asset verification, profit formation and distribution, financial reporting, as well as accounting standards, accounting institutions, and accounting professionalism.
The book appropriately introduces the differences between Eastern and Western accounting theories and practices, providing bilingual (Chinese-English) key accounting terms. Additionally, each chapter concludes with a variety of targeted exercises to help beginners in accounting review and master fundamental knowledge.
This book can serve as a foundational accounting textbook for finance-related majors or as study material for business management personnel and those seeking to understand basic accounting concepts.