China is undergoing a transitional period, switching from a centrally planned economy to a partial market economy. Corresponding to the changing economic and business environment, progress has been made in Chinese accounting and auditing in recent years. For example, the regulatory system of accounting has been modified, the qualification system for accounting personnel has been implemented and the new national accounting and auditing standards have been promulgated recently. Also a legal framework of accounting and auditing is now in place. This book aims to assist the international business community in gaining an understanding of the current state of accounting and auditing in China. It presents a comprehensive delineation of the updated developments of Chinese accounting and auditing and all major aspects of Chinese accounting and auditing are examined, in respect of the most recent developments up to June 1997.
The book elaborates on topics covering such areas as the regulatory system of accounting, qualification requirements and responsibility of Chinese accountants, organization of accounting and auditing work, setting accounting standards or regulations, product costing and managerial accounting, securities markets and information disclosure, public accounting and accounting profession, accounting for governments and non-profit organizations, statutory auditing system, taxation and tax returns, business environment and legal framework, computerization of accounting, accounting education and accounting associations and research. Perspectives of further development of Chinese accounting and auditing in a foreseeable future are also highlighted. Although the book targets mainly business and professional readers, it can also be used as a textbook or teaching suppliment for full-time accounting education or vocational training programmes.
Sprache
Verlagsort
Verlagsgruppe
Zielgruppe
Für höhere Schule und Studium
Für Beruf und Forschung
Illustrationen
Maße
Höhe: 159 mm
Breite: 225 mm
ISBN-13
978-1-84014-048-4 (9781840140484)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Klassifikation
Autor*in
University of Hawaii, Manoa, USA
Peking University, People's Republic of China
Overview of Chinese accounting and auditing developments: historical review; economic transition and accounting reforms; perspective of further development; organizational structure of the book. Regulation of accounting affairs: system of accounting administration; framework of accounting regulations; qualifications and obligations of accounting personnel; reform of setting accounting regulations. Accounting standards: accounting standards and accounting regulation system; development of accounting standards in China; analysis of Chinese ASBE; implications of ASBE. Securities markets and information disclosure: resurgence and expansion of securities markets in china; regulation of securities markets; requirements on prospectus and regular reports; comments on disclosure to securities markets in China. Cost accounting and managerial accounting: principles of Chinese cost accounting; practices of cost management; the rise of managerial accounting in China; practice of Chinese managerial accounting; prospect of managerial accounting in china. Auditing: overview of Chinese auditing system; regulatory environment of state audit supervision; governmental auditing; institutional internal auditing; nongovernmental (social) auditing. Public accounting and the profession: historical evolution of public accounting in China; qualifications of certified public accountants; formation and administration of CPA firms; CPA's legal obligations; Professional ethics and auditing standards; professional bodies of CPAs. Taxation and tax returns: overview of taxation system; types of taxes; tax system for business entities with foreign investments; tax registration and tax returns; preferential tax policies for regional development. Accounting for governments and nonprofit organizations: administrative structure of budgetary accounting; regulations for budgetary accounting; basic characteristics of budgetary accounting; financial reporting for government and NPOs; prospective of budgetary accounting reform. Computerization of accounting: evolution of computerization of accounting; characteristics of computerized accounting; regulation of accounting software; commercialized Chinese accounting software; education and training of accounting computerization; perspective of computerization of accounting in China. Accounting education: accounting education system; curriculum of formal accounting education; professional qualification examinations and continuing education. (Part contents).
