Comprehensive Summary of Changes in Accounting Subjects under the New Accounting System in 2007

by benjychu on 2009-08-29 15:17:40

Starting from January 1, 2007, the new accounting standards system has been implemented in listed companies, and other enterprises will also gradually implement it. The "Enterprise Accounting Standards - This Standard" and "Enterprise Finance Rules" will be enforced in all enterprises. In order to help everyone better understand and implement the new standards, Yalong Blog has made a comparison between the accounting subjects that general industrial and commercial enterprises should use under the new standards and the "Enterprise Accounting System". The main changes are described as follows: 1. Change the "Cash" subject to "Cash on Hand" subject. 2. The new standard cancels...