Internal Accounting Control Standards (Third Series): Study Reader

Author: Mo Xiaopeng, Xie Xiaochen
Publisher:
Publish Date: 2005-07-01
Features: This book combines the current state of accounting work in China and features in-depth, easy-to-understand explanations by experts and scholars from the Accounting Research Institute of the Ministry of Finance on the key points and difficulties of the newly formulated and issued "Internal Accounting Control Specification—Guarantees (Trial)" and "Internal Accounting Control Specification—Foreign Investment (Trial)". To promote the construction of internal accounting control systems in various units, strengthen internal accounting supervision, and prevent various illegal and disciplinary behaviors, the Ministry of Finance has formulated and issued the "Internal Accounting Control Specification—Basic Specification (Trial)", "Internal Accounting Control Specification—Cash Funds (Trial)", "Internal Accounting Control Specification—Sales and Collections (Trial)", "Internal Accounting Control Specification—Purchases and Payments (Trial)", and "Internal Accounting Control Specification—Project Engineering (Trial)" after the "Internal Accounting Control Specification—Guarantees (Trial)" and "Internal Accounting Control Specification—Foreign Investment (Trial)". These specifications are applicable to national agencies, organizations, various types of enterprises, and public institutions, primarily focusing on internal accounting control within units while also addressing controls related to accounting. They represent another important regulatory document in China's accounting work. To help financial and accounting personnel and unit leaders study and effectively utilize the newly promulgated two specifications, experts and scholars from the Accounting Research Institute of the Ministry of Finance have written the "Study Reader for the Internal Accounting Control Specification (Third Series)". This book, combined with the current state of accounting work in China, provides in-depth and easy-to-understand explanations of the key points and difficulties of the two specifications, demonstrating strong relevance, accessibility, and authority. It includes the full text of the "Accounting Law" promulgated by the Ministry of Finance and a series of internal accounting control specifications, making it an excellent training material as well as a highly practical learning resource.