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The Establishment of New Accounting Standards System in China

In: The 19th International Conference on Industrial Engineering and Engineering Management

Author

Listed:
  • Yan Wang

    (Transport Management Institute, Ministry of Transport of the People’s Republic of China)

Abstract

On February 15th, 2006, a statement was made at a ceremony in Beijing, the People’s Republic of China, where the Chinese Ministry of Finance announced the adoption of new accounting standards system. It ushers a new era in Chinese accounting and shows the resolution of convergence towards International Financial Reporting Standards in China. Five aspects about the new accounting standards system are analyzed in this paper.

Suggested Citation

  • Yan Wang, 2013. "The Establishment of New Accounting Standards System in China," Springer Books, in: Ershi Qi & Jiang Shen & Runliang Dou (ed.), The 19th International Conference on Industrial Engineering and Engineering Management, edition 127, chapter 0, pages 435-439, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-38433-2_48
    DOI: 10.1007/978-3-642-38433-2_48
    as

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