중국회계준칙의 제정규범과 국제재무보고기준과의 비교

The Chinese Accounting Standard are similar to International Financial Reporting Standard altogether. Nevertheless, Chinese Accounting Standard is not different from IFRS so much. I found a few differentia between IFRS and CAS. That are stewardship emphasized, monetary assumption in CAS. I found some different image from the same english words such as going concerns postulate(繼續經營), accounting entity(經營實體),owners`right(所有者權益), balance sheet(資産負債表), income statement(利潤表), revenues(收入), accrual basis(權債發生主義), measuring(計量), recognition(確認) and so on in CAS. The objectives of financial statements in IFRS is to provide useful information about economic entities that is intended to be useful in making economic decisions. but the objectives of financial accounting in Chinese Accounting Standard are to provide useful information about economic entities and to ensure the stewardship responsibilities of management. The differentia of accounting standard and terms' nuance are based on their own culture. Nevertheless, Chinese Accounting Standard and International Accounting Standard will be astringent in future. there are not capital maintenance concept in CAS and revaluation model is not applied in measuring fixed asset and intangible asset. Fair value measurement can be applied under a few conditions strictly and direct method can be applied only on cash-flow statement in CAS.