Accounting Practice (2nd Edition)
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Summary
This book consists of two parts. Part One covers accounting operations, explaining the practical procedures for fund-raising, asset acquisition, production, sales, and financial statements, with a focus on developing students' hands-on skills. Part Two provides comprehensive accounting simulations that replicate real business transactions for integrated accounting practice, with a focus on developing students' ability to apply accounting knowledge comprehensively. The book has three features. First, it combines operational practice with simulation exercises and is highly practical: it uses examples to explain operational practice and includes comprehensive simulation exercises, emphasizing both theoretical explanation and hands-on ability. Second, its content is up to date and timely: it incorporates new accounting standards, regulations, and procedures from recent accounting reforms and presents them in an accessible way that is easy to understand and accept. Third, its materials are authentic and highly applicable: the transactions covered are drawn from real work, and everything from filling out source documents and keeping accounting books to preparing financial statements and applying accounting treatments is accurate and realistic. The book can serve as a textbook for accounting programs in higher education institutions and as a reference for accounting practitioners.
Editor's review
This book follows two main threads: accounting operations and comprehensive simulation. It first explains the operational workflow in the order of fund-raising, asset acquisition, production, sales, and financial statements, then provides integrated accounting practice through simulated business transactions. Its value lies in combining operational methods with hands-on exercises: examples are paired with comprehensive simulations so that readers develop practical competence while understanding the rules. The content incorporates new standards, regulations, and procedures and draws on real work, covering everything from filling out source documents and keeping books to preparing statements, making it highly applicable. It is suitable as a textbook for accounting programs in higher education institutions and as a desk reference for accounting practitioners. Readers should work through the business cycles step by step, first following the examples and then completing the simulations independently, checking the relevant standards whenever a basis is needed, so as to avoid memorizing steps without understanding the underlying logic.
Who it's for
A good fit for
- Students in accounting programs at higher education institutions who need practical training to accompany their coursework
- New accounting practitioners who want to become familiar with the complete business process
- Exam candidates or career changers who need to review accounting operations and strengthen hands-on skills
- Teachers of practical accounting training who can use the simulation exercises
Not a good fit for
- Readers with no accounting background who do not intend to study the fundamentals systematically
- Readers interested only in accounting theory and not in source documents, ledgers, or statements
- Readers seeking advanced depth in financial analysis or management accounting topics
Reading tips
- Read the operations section first, following the sequence from fund-raising to statement preparation.
- Fill out documents and keep ledgers alongside the examples, then complete the comprehensive simulations independently.
- Check the original standards or regulations whenever a basis is cited, and note differences from previous rules.
- List the steps you got wrong in the simulations and focus on redoing them in a second pass.
Contents
- 版权信息
- 第2版前言
- 第一部分 会计业务操作
- 第1章 筹集资金业务
- 第一节 投入资本
- 第二节 借入资金
- 本章小结
- 第2章 资产购置业务
- 第一节 存货购置
- 第二节 金融资产购置
- 第三节 长期股权投资
- 第四节 固定资产购置
- 第五节 无形资产购置
- 本章小结
- 第3章 生产过程业务
- 第一节 存货发出
- 第二节 职工薪酬
- 第三节 固定资产折旧
- 第四节 辅助生产费用的归集和分配
- 第五节 制造费用的归集和分配
- 第六节 完工产品成本的计算与结转
- 本章小结
- 第4章 销售过程业务
- 第一节 营业收入
- 第二节 费用与税金
- 第三节 利润及利润分配
- 本章小结
- 第5章 财务报表及报表分析
- 第一节 财务报表概述
- 第二节 资产负债表
- 第三节 利润表
- 第四节 现金流量表
- 第五节 所有者权益变动表
- 第六节 财务报表分析
- 本章小结
- 第二部分 会计业务综合模拟
- 参考文献
FAQ
Can I read this book without any accounting background?
This book is designed for operational practice and simulation training and assumes that readers know basic accounting concepts and double-entry bookkeeping. Readers with no background should first study the principles of accounting and master accounting elements, accounts, and bookkeeping rules before using this book; otherwise they may simply copy the steps without understanding the basis for the treatment.
How should I use the comprehensive simulation section?
It is best to complete the operations section and follow the examples first, then complete the comprehensive simulation independently. During the simulation, avoid looking at the answers as much as possible and go through the full sequence of filling out source documents, keeping ledgers, and preparing statements; afterward, check for differences and focus on analyzing the causes of errors rather than merely checking the results.
How does this book connect with the latest accounting standards?
This book incorporates recent accounting reforms, including new standards, regulations, and procedures, but standards continue to be updated. Use the book's methods as a framework, and when dealing with specific account treatments and statement presentation, check the current standards and official interpretations rather than treating the textbook examples as the sole authority.
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About the author
王远利
Author
Wang Yuanli is an author of finance and accounting books about whom limited public information is available; the name appears mainly on works related to accounting and financial skills training. Two of the author's titles are included in the collection: Accounting Practice (2nd Edition) and Financial Accounting Skills Training, both classified under finance and examinations. This suggests a focus on practical accounting procedures and the skills required for accounting positions. Judging from the titles, the former offers a systematic account of accounting processes and practice standards, while the latter emphasizes hands-on drills that help readers turn knowledge into usable professional skills. Such textbooks are typically intended for accounting students, candidates preparing for related qualification exams, and newcomers to accounting careers, and they tend to use precise, concise language with a structure that combines step-by-step guidance and exercises. Because no public records of the author's biography, education, or positions were found, no speculation is made here; the description is limited to the fields and uses reflected in these works.
