The difference between Chinese financial accounting and international financial accounting

1. The institutions that set accounting standards and the procedures for setting standards are different. In China, accounting standards are formulated by the first department and enforced by law, and the International Financial Reporting Standards are formulated by the International Accounting Standards Board and then enforced by the influence of the free market and the state.

2. The specific form of financial statements is different. China requires that the items in the financial statements be presented in the prescribed order, while international accounting only needs to comply with accounting principles and other requirements, and does not emphasize the order in which the items are presented.

3. There is a temporal difference between China and the International Accounting Standards, and the Chinese Accounting Standards have delayed recognition of revenue and early recognition of expenses, such as Chinese assets cannot be revalued when the fair value exceeds the carrying cost, while the International Accounting Standards believe that the revaluation gains can be recognized.

At present, many colleges and universities at home and abroad offer this major, which is committed to cultivating application-oriented and interdisciplinary talents who meet the needs of the construction of the socialist market economy to meet the requirements of international economic integration, have the knowledge and ability in management, economics, law and accounting, and can engage in accounting practice and financial management in foreign-related enterprises, institutions and administrative departments.

It is a recent development in corporate accounting in Western languages. Chinese accounting scholars' understanding of international accounting is also influenced by them, such as experts from Fiberhome Headhunters. Due to the diversification of the understanding of international accounting, the American accountant t"R Weerich et al. named and defined three types of international accounting trends, including general accounting or world accounting, comparative accounting or international accounting, and foreign subsidiary accounting.

A similar definition is given to the interpretation of international accounting in Kohler's Accounting Dictionary. He understood international accounting as the accounting of organizations engaged in cross-border activities, and he believed that international accounting must include an understanding of the accounting practices of all countries, the differences in practice between countries, and the accounting practices of affiliated organizations in different countries.

Scholar's insights. Chinese accounting scholars' understanding of international accounting is also affected by them, such as Professor Chang Xun believes that international accounting is a new field of accounting, which mainly studies the special problems caused by the accounting treatment and financial reporting caused by the enterprises or economic units of a certain country due to the economic activities and financial management activities that transcend national borders, and its main content belongs to the extension of financial accounting, and the research focus should focus on the accounting standards and financial reporting standards of multinational companies that have attracted more and more attention.

The broadest concept of general accounting, or world accounting, is that it summarizes international accounting as the elaboration or study of a set of generally accepted accounting standards with the aim of achieving full international standardization of accounting standards.

International accounting is a recent development in corporate accounting in the Western language. After the Second World War, with the vigorous development of multinational corporations, the increasing frequency of international investment and the increasing internationalization of capital investment, it was born and developed day by day.

The ultimate goal of international accounting is to establish a set of accounting principles and methods applicable worldwide and to standardize accounting in all countries.

International accounting encompasses a wide range of contents, which can be summarized into three main areas: operational international conferences, comparative international accounting, and standardized international accounting.

The Chinese standard stipulates that fixed assets are generally valued at their historical cost or net value. A change in the depreciation method is treated as a change in accounting policy. International standards stipulate that the valuation of fixed assets should take into account the impact of the net value of fair value, including the impact of asset revaluation and discount.

Changes to the depreciation method as accounting estimate changes.

Accounting is an applied discipline that forms an information system to assist decision-making on the basis of studying the collection, classification, synthesis, analysis and interpretation of financial activities and cost data, so as to effectively manage the economy. The object of study in accounting is the movement of funds.

Accounting is to use money as the main unit of measurement, to improve economic efficiency as the main goal, the use of special methods to comprehensively, comprehensively, continuously, systematically account and supervise the economic activities of enterprises, institutions, institutions and other organizations, provide accounting information, and with the increasing development of social economy, gradually carry out a kind of economic management activities, decision-making, control and analysis, is an important part of economic management activities.

International accounting is a recent development in corporate accounting in the Western language. After the Second World War, with the vigorous development of multinational corporations, the increasing frequency of international investment and the increasing internationalization of capital investment, it was born and developed day by day.

CMA is the abbreviation of Certified Management Accountant in the United States。It is a professional certification system launched by the American Institute of Management Accountants (IMA) in 1972, as an appraisal of accounting and financial professionals, CMA, together with the American Certified Public Accountant (USCPA) and the Financial Chartered Analyst (CFA), are known as the three major certifications in the field of accounting and accounting in the United States, and are recognized by many enterprises. Learn more about the career prospects of CMA Certified Management Accountants.

There is a wide range of people who are suitable for taking the CMA certificateAs long as you are interested in finance, you can apply for the exam, especially suitable for professionals engaged in financial accounting, financial analysis, cost management, internal auditing, management consulting and other professions. In addition, since management accounting focuses on business decision-making, middle and senior managers of enterprises and people in information management can also obtain this certificate.

At present, China has about 18 million financial workers, of which about eighty percent of the practitioners are engaged in recording and accounting, and these traditional businesses are easy to be replaced by computers. However, the most urgently needed "military advisor" of enterprises, that is, management accountants who can undertake functions such as budget decision-making and cost control, have a talent gap of more than 3 million.

IMA Asia Pacific Director: More and more companies are giving preference to CMA (Management Accounting) when hiring financial managers, which can earn up to 60% more than their peers with the same qualifications. On the whole.

Management accounting talents are still scarce in China, and the market is in short supply.

You can also log in to the CMA Management Accountant Exam Service Platform.

Different from traditional financial accounting, CMA's knowledge system includes finance, management, business, market, etc., and strives to cultivate financial elites who understand finance, management and business. Through market research and control of corporate departments and processes, the licensee can provide effective management for the company's performance management, cost control and risk assessment, and can also apply financial analysis, financial management and strategic financial management to provide support and basis for the company's strategic decision-making, so as to create wealth for the enterprise.