Advanced Accounting, 3rd Edition, China Renmin University Accounting Series Textbooks

Author: Yan Da Wu et al.
Publisher:
Publish Date: 2002-09-01
Features: The content of advanced accounting studies and its relationship with intermediate accounting are, in addition to first addressing the extension of accounting, summarized by the phrase "filling gaps and expanding horizons." The term "filling gaps and expanding horizons" refers to the fact that advanced accounting primarily studies issues not covered by intermediate accounting. Generally, topics already discussed in intermediate accounting do not fall under the scope of advanced accounting. The phrase "expanding horizons" has two meanings: First, it refers to some issues in intermediate accounting that are touched upon but not thoroughly discussed due to not being its core content. These can be further explored in advanced accounting, where the discussion builds upon and deepens the content of intermediate accounting, rather than simply repeating the original issues. This means advanced accounting should provide students with new knowledge. Second, it refers to new issues arising from economic development and environmental changes in accounting practice that require theoretical explanation. These issues, being innovative, have many characteristics, such as highly unstandardized business practices, the lack of precedents for handling methods, the inability of traditional theories and methods to address them, and operational trajectories influenced by numerous uncertain factors. Addressing such issues requires a pioneering spirit and the exploration of special approaches within broader fields and on entirely new foundations. This book attempts to explore some of these approaches, and their feasibility will depend on practical experience. This book is intended for senior undergraduate and graduate students in our accounting department but can also serve as a reference for professionals in practical working departments who are interested in accounting research.