内容简介
本书根据修订和新增的准则, 对涉及的相关内容进行修改和整理, 使教材内容更加契合实际。本书为初学者全面学习会计专业知识、满足对外交流和使用的需要提供最新的参考。另外, 考虑到初学者学习的需要, 本书每章增加了相关练习。
章节目录
Chapter 1 An Introduction to Accounting ………………………………………………… 1
1 1 Accounting is an Information System ……………………………………………… 1
1 2 Forms of Organization ……………………………………………………………… 1
1 3 The Framework for the Preparation and Presentation of
Financial Statements ………………………………………………………………… 2
1 4 Understanding of Financial Statements ……………………………………………… 5
1 5 Accounting and Its Profession ……………………………………………………… 9
1 6 Accounting Elements and Using the Accounting Equation ……………………… 10
1 7 Professional Ethics in Accounting ………………………………………………… 12
1 8 Convergence of Accounting Standards and Chinese Accounting Standards:
Development and Implementation ………………………………………………… 14
Vocabulary ……………………………………………………………………………… 18
Self⁃test Questions ……………………………………………………………………… 20
Exercises ………………………………………………………………………………… 21
Answers to Self⁃test Questions …………………………………………………………… 26
Chapter 2 Accounting Cycle ……………………………………………………………… 27
2 1 T⁃account and Debit & Credit …………………………………………………… 27
2 2 Journalizing and Posting Transactions …………………………………………… 29
2 3 Preparing a Trial Balance ………………………………………………………… 33
2 4 Adjusting the Accounts …………………………………………………………… 34
2 5 Adjusted Trial Balance and Preparation of Financial Statements ………………… 37
2 6 The Worksheet …………………………………………………………………… 42
2 7 Closing …………………………………………………………………………… 45
2 8 The Accounting Cycle Summary …………………………………………………… 47
2 9 Classification of Statement of Financial Position Items …………………………… 47
Vocabulary ……………………………………………………………………………… 49
Self⁃test Questions ……………………………………………………………………… 50
Exercises ………………………………………………………………………………… 52
Answers to Self⁃test Questions …………………………………………………………… 58
Chapter 3 Current Assets ………………………………………………………………… 59
3 1 Cash ……………………………………………………………………………… 59
3 2 Fair Value through Profit or Loss Investments …………………………………… 65
3 3 Notes Receivable ………………………………………………………………… 67
3 4 Accounts Receivable ……………………………………………………………… 69
3 5 Inventories ………………………………………………………………………… 74
Vocabulary ……………………………………………………………………………… 86
Self⁃test Questions ……………………………………………………………………… 87
Exercises ………………………………………………………………………………… 88
Answers to Self⁃test Questions …………………………………………………………… 92
Chapter 4 Non⁃current Assets …………………………………………………………… 93
4 1 Fixed Assets ……………………………………………………………………… 93
4 2 Natural Resources ………………………………………………………………… 104
4 3 Intangible Assets ………………………………………………………………… 105
4 4 Impairment of Fixed Assets ……………………………………………………… 107
4 5 Long⁃term Investments …………………………………………………………… 108
4 6 Impairment of Long⁃term Investments …………………………………………… 116
Vocabulary ……………………………………………………………………………… 117
Self⁃test Questions ……………………………………………………………………… 118
Exercises ………………………………………………………………………………… 119
Answers to Self⁃test Questions ………………………………………………………… 122
Chapter 5 Liabilities ……………………………………………………………………… 123
5 1 Current Liabilities ………………………………………………………………… 123
5 2 Non⁃current Liabilities …………………………………………………………… 129
Vocabulary ……………………………………………………………………………… 138
Self⁃test Questions ……………………………………………………………………… 139
Exercises ………………………………………………………………………………… 140
Answers to Self⁃test Questions ………………………………………………………… 143
Chapter 6 Owners Equity ……………………………………………………………… 144
6 1 Forms of Organization …………………………………………………………… 144
6 2 Stockholders Rights ……………………………………………………………… 144
6 3 Accounting for Stock Issues ……………………………………………………… 145
6 4 Treasury Stock …………………………………………………………………… 147
6 5 Preferred Stock …………………………………………………………………… 149
6 6 Dividends and Stock Splits ……………………………………………………… 149
6 7 Accounting for Retained Earnings ……………………………………………… 154
6 8 Statement Presentation and Analysis …………………………………………… 157
Vocabulary ……………………………………………………………………………… 160
Self⁃test Questions ……………………………………………………………………… 161
Exercises ………………………………………………………………………………… 162
Answers to Self⁃test Questions ………………………………………………………… 165
Chapter 7 Revenue and Expense Recognition and Income
Statement Presentation ……………………………………………………… 166
7 1 Revenue Recognition Concepts …………………………………………………… 166
7 2 Revenue Recognition at Delivery ………………………………………………… 171
2 会计英语
7 3 Revenue Recognition before Delivery …………………………………………… 171
7 4 Revenue Recognition after Delivery ……………………………………………… 172
7 5 Long⁃term Contracts ……………………………………………………………… 176
7 6 Recognition of Gains and Losses ………………………………………………… 178
7 7 Expense Recognition ……………………………………………………………… 179
7 8 Presentation of the Income Statement …………………………………………… 184
Vocabulary ……………………………………………………………………………… 187
Self⁃test Questions ……………………………………………………………………… 188
Exercises ………………………………………………………………………………… 189
Answers to Self⁃test Questions ………………………………………………………… 194
Chapter 8 Statement of Cash Flows and Financial Statement Analysis …………… 195
8 1 Cash and Cash Equivalents ……………………………………………………… 195
8 2 Classification of Cash Receipts and Cash Payments …………………………… 195
8 3 Preparing Statement of Cash Flows—Direct Method …………………………… 197
8 4 Preparing Statement of Cash Flows—Indirect Method …………………………… 201
8 5 Determining Cash Flows from Investing Activities ……………………………… 203
8 6 Determining Cash Flows from Financing Activities ……………………………… 207
8 7 Presenting the Information in the Form of the Statement of Cash Flows ………… 208
8 8 Usefulness of the Statement of Cash Flows ……………………………………… 211
8 9 Financial Statement Analysis: Vertical and Horizontal ………………………… 211
8 10 Ratio Analysis …………………………………………………………………… 217
Vocabulary ……………………………………………………………………………… 221
Self⁃test Questions ……………………………………………………………………… 221
Exercises ………………………………………………………………………………… 223
Answers to Self⁃test Questions ………………………………………………………… 227
Appendix …………………………………………………………………………………… 228
1 Balance Sheet ……………………………………………………………………… 228
2 Income Statement …………………………………………………………………… 230
3 Statement of Changes in Owners Equity …………………………………………… 232
4 Statement of Cash Flows …………………………………………………………… 234
5 The Disclosure of Supplementary Information to Statement of Cash Flows ………… 238
6 Disclosure of Information and Accounts Required ………………………………… 240
7 VAT Return Form …………………………………………………………………… 269
8 Consumption Tax Return Form ……………………………………………………… 277
9 Annual Return Form of the Peoples Republic of China on Corporate Income Tax … 279
10 Individual Income Tax Return Form ……………………………………………… 288