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.