China Accounting Standards

This book provides an exhaustive overview of China's accounting standards and makes a clear comparison between Chinese and international accounting systems. It offers an essential guide to dealing with new accounting standards for business enterprises in China. The guide provides valuable support to accountants and professionals when comparing the new standards adopted in China with the corresponding principles under IAS/IFRS and appraising potential outcomes. The comparative approach together with comments and easy-to-use numerical examples allow readers to quickly grasp these accounting systems.

Contenu
Introduction.- General Differences of China GAAP vs U.S. GAAP and IFRS.- Impact on results and financial statements.- Effects of the New PRC GAAP.