What does China's financial accounting standard system include?

China's accounting standards system mainly starts from the following four aspects:?

1、? Accounting legal norms, including accounting-related laws and administrative regulations, are the most binding part of the accounting standard system, that is, the general provisions of accounting legal norms in economic activities, the concrete embodiment of social legal system in accounting, and the external constraint to regulate and control accounting behavior.

For example, People's Republic of China (PRC) Accounting Law, Certified Public Accountant Law and other related laws, as well as administrative regulations related to accounting, are mainly issued by the State Council, such as Regulations on Financial Accounting Reports of Enterprises and Regulations on Chief Accountant.

2. Accounting standards and institutional norms, laws and systems are a social system and a reasonable arrangement. Accounting standards and institutional norms are the general names of requirements, standards, methods and procedures for dealing with accounting practice from a technical point of view.

Generalized accounting system refers to all accounting norms formulated by the state, including accounting system, accounting personnel management system and accounting work management system. But the accounting system in a narrow sense only refers to the accounting system. Accounting Standards and System Norms Various accounting standards and systems formulated and issued by the Ministry of Finance in accordance with accounting laws and administrative norms.

3. Accounting professional ethics is the general name of the moral standards and codes of conduct that accounting personnel should abide by, and it is a requirement for the subjective psychological quality of accounting personnel. Requirements for quality, control and master the direction and rationalization of accounting management behavior. \x09 Accounting Professional Ethics Standard is a special accounting standard.

4. Accounting theory is a summary of practice, which in turn guides practice, promotes its development, guides practice and promotes its development. Accounting theory has now formed a relatively complete conceptual framework and structure. Generally speaking, a complete and mature accounting theory is an integral part of the accounting standard system, including accounting objectives, accounting assumptions, accounting elements, accounting principles, accounting treatment procedures and methods.

Extended data:

The function of financial accounting standard system;

First of all, financial accounting helps to provide useful information for decision-making, improve enterprise transparency and standardize enterprise behavior.

On enterprise financial accounting from the perspective of reflection function. Providing information about the financial status, operating results and cash flow of an enterprise is the basis for decision-making by all parties, including investors and creditors.

Second, financial accounting helps enterprises to strengthen management, improve economic benefits and promote the sustainable development of enterprises;

The management level of an enterprise directly affects its economic benefits, operating results, competitiveness and development prospects, and determines its future and destiny to a certain extent.

Third, financial accounting helps to assess the performance of economic responsibility of enterprise management.

When accepting investment from all investors and creditors, including the state, enterprises have the responsibility to make rational use of resources, strengthen management, improve economic efficiency and accept assessment and evaluation according to their predetermined development goals and requirements.

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