Modern financial accounting

Author: Liang Yingwu
Publisher:
Publish Date: 1996-03-01
Features: With the deepening of China's reform and opening-up and the establishment and development of the socialist market economy system, the original accounting system has undergone significant changes, moving towards a new dawn. The promulgation of the "Enterprise Accounting Standards" and the "Enterprise Financial General Principles" marks the entry of China's accounting profession into a new historical stage, while the issuance of the "Financial Institution Accounting System" and the "Financial and Insurance Institution Financial System" signifies a substantial step forward in the reform of financial accounting and financial systems. This book—Modern Financial Accounting—is based on the continuous deepening and improvement of financial accounting reform, incorporating international accounting standards while closely linking with China's practical realities. It compiles new content from financial accounting reforms, introduces new regulations, reflects achievements in financial accounting reforms, and covers the accounting treatment of new financial businesses and financial instruments. The book adheres to the principle of combining theory with practice, systematically elaborates on the principles of financial accounting and foreign accounting principles, and provides detailed discussions on accounting practices and accounting management. With both profound theoretical explanations and a strong emphasis on practicality and standardization, it is an excellent financial accounting book. It serves as a valuable reference for accounting professionals engaged in financial accounting and for faculty and students in relevant academic institutions.