企业会计准则英文版Word格式文档下载.docx

企业会计准则英文版Word格式文档下载.docx

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sRepublicofChina

ChapterIGeneralProvisions

Article1.Inaccordancewith"

TheAccountingLawofthePeople'

sRepublicofChina"

thisStandardisformulatedtomeettheneedsofdevelopingasocialistmarketeconomyinourcountry,tostandardizeaccountingpracticeandtoensurethequalityofaccountinginformation.

Article2.ThisStandardisapplicabletoallenterprisesestablishedwithintheterritoryofthePeople'

sRepublicofChina.ChineseenterprisesestablishedoutsidetheterritoryofthePeople'

sRepublicofChina（hereinafterreferredtoas"

enterprisesabroad"

）arerequiredtoprepareanddisclosetheirfinancialreportstoappropriatedomesticregulatoryauthoritiesinaccordancewiththisStandard.

Article3.AccountingsystemsofenterprisesarerequiredtocomplywiththisStandard.

Article4.Anenterpriseshao9illaccuratelyaccountforallitstransactionsactuallytakenplaceinordertoprovidereportsofreliablequalityontheeconomicandfinancialactivitiesoftheenterpriseitself.

Article5.Accountingandfinancialreportsshouldproceedonthebasisthattheenterpriseisacontinuingentityandwillremaininoperationintotheforeseeablefuture.

Article6.Anenterpriseshallaccountforitstransactionsandprepareitsfinancialstatementsindistinctaccountingperiods.Accountingperiodsmaybeafiscalyear,aquarter,oramonth,commencingonfirstdaysthereofaccordingtotheGregoriancalendar.

Article7.TheRenminbiisthebookkeepingbasecurrencyofanenterprise.AForeigncurrencymaybeusedasthebookkeepingbasecurrencyforenterpriseswhichconducttransactionsmainlyinforeigncurrency.However,inpreparingfinancialstatements,foreigncurrencytransactionsaretobeconvertedintoRenminbi.Thislatterrequirementapp1iestoenterprisesabroadwhenreportingfinancialandeconomicresultstoconcerneddomesticorganizations.

Article8.Thedebitandcreditdoubleentrybookkeepingtechniqueistobeusedforrecordingallaccountingtransactions.

Article9.Accountingrecordsandfinancia1reportsaretobecompiledusingtheChineselanguage.MinorityorforeignlanguagesmaybeusedconcurrentlywiththeChinese1anguagebyenterprisesinautonomousareasofminoritynationalities,orbyenterpriseswithforeigninvestment,andbyforeignenterprises.

ChapterⅡGeneralPrinciples

Articlel0.Theaccountingrecordsandfinancialreportsmustbebasedonfinancialandeconomictransactionsastheyactuallytakeplace,inordertoobjectivelyreflectthefinancialpositionandoperatingresultsofanenterprise.

Article11.Accountinginformationmustbedesignedtomeettherequirementsofnationalmacro-economycontrol,theneedsofallconcernedexternaluserstounderstandanenterprise'

sfinancialpositionandoperatingresults,andtheneedsofmanagementofenterprisestostrengthentheirfinancialmanagementandadministration.

Article12.Accountingrecordsandfinancialstatementsshallbepreparedaccordingtostipulatedaccountingmethods,andaccountinginformationofenterprisesmustbecomparableandconvenienttobeanalyzed.

Article13.Accountingmethodsusedshallbeconsistentfromoneperiodtotheotherandshallnotbearbitrarilychanged.Changesandreasonsforchanges,ifnecessary,andtheirimpactonanenterprise'

sfinancialpositionandoperatingresults,shallbereportedinnotestothefinancialstatements.

Article14.Accountingandfinancialreportspreparationmustbeconductedinatimelymanner.

Article15.Accountingrecordsandfinancialreportsshallbepreparedinaclear,concisemannertofacilitateunderstanding,examinationanduse.

Article16.Theaccrualbasisofaccountingistobeadopted.

Article17.Revenueshallbematchedwithrelatedcostsandexpensesinaccounting.

Article18.Princip1eofprudenceshouldbefollowedinreasonablydeterminingthepossiblelossandexpense.

Articlel9.Thevaluesofallassetsaretoberecordedathistoricalcostsatthetimeofacquisition.Theamountrecordedinbooksofaccountshallnotbeadjustedeventhoughafluctuationintheirvaluemayoccur,exceptwhenStatelawsorregulationsrequirespecifictreatmentoradjustments.

Article20.Acleardistinctionshallbedrawnbetweenrevenueexpendituresandcapitalexpenditures.Expenditureshallberegardedasrevenueexpenditurewherethebenefittotheenterpriseisonlyrelatedtothecurrentfiscalyear;

andascapitalexpenditurewherethebenefitstotheenterpriselastforseveralfiscalyears.

Article21.Financialreportsmustreflectcomprehensivelythefinancialpositionandoperatingresultsofanenterprise.Transactionsrelatingtomajoreconomicactivitiesaretobeidentified,appropriatelyclassified,andaccountedfor,andseparatelyreportedinfinancialstatements.

ChapterⅢAssets

Article22.Assetsareeconomicresources,whicharemeasurablebymoneyvalue,andwhichareownedorcontrolledbyanenterprise,includingallproperty,rightsasacreditortoothers,andotherrights.

Article23.Foraccountingtreatment,assetsarenormallydividedintocurrentassets,long-terminvestments,fixedassets,intangibleassets,deferredassetsandotherassets.

Article24.Currentassetsrefertothoseassetswhichwillberealizedorconsumedwithinoneyearoftheiracquisition,orwithinanoperatingcyclelongerthanayear.Theyincludecash,cashdeposits,short-terminvestments,accountsreceivable,prepayments,andinventories,etc..

Article25.Cashandallkindsofdepositsshallbeaccountedforaccordingtotheactualamountofreceiptandpayment.

Article26.Short-terminvestmentsrefertovariousofmarketablesecurities,whichcanberealizedatanytimeandwillbeheldlessthanayear,aswellasotherinvestmentwithalifeofnolongerthanayear.

Marketablesecuritiesshallbeaccountedforaccordingtohistoricalcostasobtained.

Incomereceivedorreceivablefrommarketablesecuritiesincurrentperiodandthedifferencebetweenthereceiptobtainedfromsecuritiessoldandbookcostshallbeallaccountedforascurrentprofitorloss.

Marketablesecuritiesshallbeshowninbookbalanceinaccountingstatement.

Article27.Receivablesandprepaymentsinclude:

notesreceivable,accountsreceivable,otherreceivables,accountsprepaidandprepaidexpenses,etc..

Receivablesandprepaymentsshallbeaccountedforaccordingtoactualamount.

Provisionforbaddebtsmaybesetuponaccountsreceivable.Theprovisionforbaddebtsshallbeshownasadeductionitemofaccountsreceivableinthefinancialstatement.

Allreceivablesandprepaymentsshallbeclearedandcollectedontime,andshallbecheckedwithrelatedpartiesperiodically.Anyaccountsreceivable,provedtobedefinitelyuncollectibleaccordingtostateregulations,shallberecognisedasbaddebtsandwrittenoffagainstprovisionforbaddebtsorchargedtocurrentprofitorloss,ifsuchprovisionisnotsetup.

Prepaidexpensesshallbeamortizedaccordingtoperiodbenefiting,andthebalanceshallbeshownseparatelyinaccountingstatement.

Article28.Inventoriesrefertomerchandise,finishedgoods,semifinishedgoods,goodsinprocess,andallkindsofmaterials,fuels,containers,low-va1ueandperishablearticlesandsoonthatstockedforthepurposeofsale,productionorconsumptionduringtheproductionoperationalprocess.

Allinventoriesshal1beaccountedforathistoricalcostasobtained.Thoseenterpriseskeepingbooksatplannedcostornormcostindailyaccountingshallaccountthecostvariancesandadjustplannedcost（ornormcost）intohistoricalcostperiodically.

Wheninventoriesissuing,enterprisesmayaccountthemunderthefollowingmethods:

first-infirst-out,weightedaverage,movingaverage,specificidentification,last-infirst-out,etc..

Allinventoriesshallbetakenstockperiodically.Ifanyoverage,shortageandout-of-date,deteriorationanddamagethatneedtobescrappedshallbedisposedwithintheyearandaccountedintocurrentprofitorloss.

Alltheinventoriesshallbedisclosedathistoricalcostinaccountingstatement.

Article29.Long-terminvestmentreferstotheinvestmentimpossibleornotintendedtoberealizedwithinayear,includingsharesinvestment,bondsinvestmentandotherinvestments.

Inaccordancewithdifferentsituation,sharesinvestmentandotherinvestmentsshallbeaccountedforbycostmethodorequitymethodrespectively.

Bondsinvestmentshallbeaccountedforaccordingtoactualamountpaid.Theinterestaccruedcontainedintheactuallypaidamountshallbeaccountedforseparately.

Wherebondsareacquiredatapremiumordiscount,thedifferencebetweenthecostandthefacevalueofthebondsshallbeamortizedovertheperiodstomaturityofthebonds.

Interestaccruedduringtheperiodofbondsinvestmentandthedifferencebetweentheamountofprincipalandinterestreceivedonbondssoldandtheirbookcostandinterestaccruedbutnotyetreceivedshallbeaccountedforascurrentprofitandloss.

Sharesinvestment,bondsinvestmentandotherinvestmentsshallbeshownseparatelyinaccountingstatementsatbookbalance.

Bondsinvestmentmaturedwithinayearshallbeshownintheaccountingstatementsseparatelyunderthecaptionofcurrentassets.

Article30.Fixedassetsrefertotheassetswhoseusefullifeisoveroneyear,unitva1ueisabovetheprescribedcriteriaandwhereoriginalphysicalformremainsduringtheprocessofutilization,includingbuildingandstructures,machineryandequipment,transportationequipment,toolsandimplement,etc..

Fixedassetssha1l