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The Discussion On Accounting Treatments By Implementing New Accounting Standards Of A CO., LTD

Posted on:2008-04-01Degree:MasterType:Thesis
Country:ChinaCandidate:S M HouFull Text:PDF
GTID:2189360278953548Subject:Business Administration
Abstract/Summary:PDF Full Text Request
The Ministry of Finance issued new accounting standards system which includes one basic accounting standard and 38 idiographic accounting standards on 15th, Feb in 2006 and which has been put into practice among listed companies from 1st, Jan in 2007. It indicates that Chinese enterprise accounting standards system has been constituted formally which fits both of the requirements of Chinese economic developments and the international trending. Listed companies, especially the companies of preparing issue shares will face many questions about accounting treatments by the historical innovation of accounting standards.A CO., LTD ("A Company") which is the object of the research in the article is a company of preparing issue shares. Basing on the actual situation, the article discusses the mainly effects by implementing the new accounting standards, such as long-term investment, government subsidy and income tax. The article both analyses the accounting treatment problems which happened by implementing the new accounting standards and puts forward reasonable adjustments.Finally, by comparing the financial indexes between the new accounting standards and the old accounting standards, the article comes to a conclusion: it doesn't influence A Company to refer the data to come into the market though the financial indexes has been changed by implementing the new accounting standards.
Keywords/Search Tags:New Accounting Standards, International Convergence, Accounting Treatment, Accounting Item
PDF Full Text Request
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