Enterprise Accounting System Practical Completions

Author: None
Publisher:
Publish Date: 2001-03-01
Features:
Authoritative: The book is written collectively by a research team composed of experts and scholars from Renmin University of China, Beijing Technology and Business University, and the Institute of Accounting. Some of them participated in the revision of the new accounting system, while others are highly accomplished experts.
Practical: It provides a comprehensive explanation of the new accounting system, offers in-depth analysis of key and difficult issues, and illustrates concepts with examples. It also provides a concise introduction to the similarities and differences between the old and new accounting systems.
Comprehensive: The book not only comprehensively explains the new accounting system but also includes the newly issued Accounting Standards for Business Enterprises and explanations of the Accounting Law and the Interim Regulations on Business Financial Accounting Reports, which are closely related to the new accounting system.
Following the release of the Accounting Law and the Interim Regulations on Business Financial Accounting Reports, the Ministry of Finance has recently taken significant measures by formulating and releasing the Business Accounting System. This is another joyous event in the field of accounting in China. It serves as an important step in implementing the Accounting Law and the Interim Regulations on Business Financial Accounting Reports, as well as a concrete measure to improve China's business accounting system, standardize accounting practices, and enhance the quality of business financial information. It marks the arrival of a new climax in China's accounting reform.
The release and implementation of the Business Accounting System are a significant milestone in the reform and development of China's accounting practices. The unified Business Accounting System will replace the multi-industry accounting system that has been in place for nearly a decade and will be enforced in the vast majority of enterprises, with the exception of small-scale businesses and financial and insurance companies. It will gradually be adopted by all businesses. The release and implementation of the new accounting system will undoubtedly have a major impact on China's accounting theory and practice, bringing about a series of new situations and issues.
To help accountants and managers quickly grasp the new system and ensure a smooth transition between the old and new systems, a research team composed of experts and scholars from Renmin University of China, Beijing Technology and Business University, and the Institute of Accounting has written the book "New Unified Accounting System – Business Accounting System Practical Guide." Some of them participated in revising the new accounting system, while others are highly accomplished experts. This book is a crystallization of their collective wisdom.
Part I of the book includes the Business Accounting System.
Part II is dedicated to Explaining the Business Accounting System, providing a comprehensive explanation of the new accounting system based on the Accounting Law, Accounting Standards, General Principles of Financial Management, Interim Regulations on Business Financial Accounting Reports, and relevant regulations. It offers in-depth analysis of key and difficult issues, illustrates concepts with examples, and concisely introduces the similarities and differences between the old and new systems. To facilitate the learning and understanding of the new accounting system, the book also includes newly issued Accounting Standards for Business Enterprises and related laws and regulations, as well as interpretations of the Accounting Law of the People's Republic of China and explanations of the Interim Regulations on Business Financial Accounting Reports.
The book offers a high-level perspective, integrates knowledge seamlessly, and presents content in an accessible manner, making it an excellent resource for learning the new accounting system.