Accounting in the People's Republic of China

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Title

Accounting in the People's Republic of China

Published Date

1996

Publisher

Bureau of Business and Economic Research

Type

Working Paper

Abstract

With the enormous economic growth after the Cultural Revolution in 1976, China recognizes the need to modernize its accounting system. This paper explores the accounting environment in China both prior to and after the start of the economic reforms; as well as identifies the significant differences between the accounting standards in China and those in the U.S. While it is likely that the accounting system in China will be one that is functional in this global economy; the system will be one that is unique to China.

Description

The year given (1996) is an estimate.

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Working Paper No. 96-2

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Suggested citation

Li, June F. (1996). Accounting in the People's Republic of China. Retrieved from the University Digital Conservancy, https://hdl.handle.net/11299/264775.

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