Financial Accounting (The Third Edition of the Accounting Series by Renmin University of China)

Author: Dai Deming Lin Gang Zhao Xibu
Publisher:
Publish Date: 2004-01-04
Features: Since the second edition of "Financial Accounting" was published in 1998, China's accounting reforms have advanced by another step. In the third edition, we have made significant revisions to "Financial Accounting": 1. Added two chapters: "Post-Balance Sheet Events" and "Changes in Accounting Policies and Error Corrections," increasing the total chapters from 13 in the second edition to 15. 2. Made major modifications to chapters such as "Inventory," "Investments in Others," "Fixed Assets," "Intangible Assets," "Long-Term Liabilities," "Owner's Equity," and "Financial Accounting Reports" in accordance with the new accounting standards and systems. As a textbook, it strives to present the fundamental principles of financial accounting as comprehensively and systematically as possible. For various economic transactions, it attempts to identify different accounting procedures and methods that can be chosen, aiming to cultivate students' abilities to analyze, solve problems, and adapt to changing environments.