Administrative and Public Institutions Leaders Must Know Accounting Knowledge

Author: Chen Qisheng, Zhang Lan (editors)
Publisher:
Publish Date: 2006-07-01
Features: The new "Accounting Law" explicitly states in Article 4: "If a unit's accounting materials or accounting work encounter issues, the unit's responsible person shall bear legal liability." Therefore, it is urgent for the responsible persons of administrative and public institutions to understand relevant financial and accounting knowledge. While the responsible persons of administrative and public institutions do not necessarily engage in financial work, they must become the core figures in financial management. This book uses charts and tables as the main tools to introduce in an accessible manner the basic financial and accounting knowledge that unit responsible persons should possess, essential auditing knowledge, essential accounting knowledge of assets, liabilities, net assets, revenues, and expenses, knowledge of year-end clearing, settlement, closing, and the preparation of financial statements, as well as how to establish an internal control system.