Part 1 Introduction to advanced financial accounting Disciplinary system of accounting Junior Intermediate External reporting of accounting Intermediate Financial Accounting Basis of accounting Accounting Principles Advanced Special Accounting Advanced accounting Internal accounting controls Cost Accounting Forecast Decision Accounting Management Accounting Accounting Theory Accounting History Section I Advanced financial accounting theory 1、Advanced Financial Accounting emergence and development 1.1 Led to the socio-economic development of modern accounting fission 1.2 Fission difficult to cope with technological innovation of accounting resulting from the formation of a new corporate restructuring of the accounting issues Parent company to become a widespread social phenomenon. Major Western countries in the 1960s and 1970s general increase in inflation. Trade and investment liberalization, universalization of transnational business. Financial globalization, economic integration. Corporate mergers and acquisitions, bankruptcy trends sweeping the globe. Section 2 Advanced financial accounting emergence and development Infancy: the emergence of modern accounting to the 1940s First, the second wave of consolidation and the consolidated statements of wide application. Sustained, mild inflation and Sweeney "stable currenced accounting" published in 1936. Development period: the 1950s and 1960s Changes in the military industry to private industry and the production of lease accounting.The third wave of consolidation in the consolidated financial statements have been prepared.Persistent inflation and price changes accounting for the formation .The strengthening of the state income tax collection and the formation of accounting for income taxes. Maturity: the 1970s, especially after 80 years The formation of multinational corporations and foreign currency accounting business formation.The emergence and development of futures and futures accounting for the formation of increased inflation and price changes of accounting theory and model development and improvement.Fourth merger wave basic content and advanced financial accounting, process and methods of guiding the formation of the accounting profession and is widely recognized and accepted (now the era of knowledge economy, green accounting) The definition of advanced financial accounting Advanced Financial Accounting, with the social and economic development, financial accounting for the original content to supplement, extend and develop an accounting, that is inherent in the use of financial accounting methods, financial accounting does not include the existing business, as well as objective changes in economic environment, some of the special business to generate new ideas to reflect the accounting and supervision of accounting. With accounting principles, intermediate financial accounting complement each other, together form a complete financial accounting system. Accounting assumptions and the formation of loose accounting Accounting assumptions Advanced Financial Accounting's business Accounting entity Branch accounting, consolidated financial statements, segment reporting, fund accounting Continuing operations Business liquidation, bankruptcy and reorganization Time period principle Special accounting period and the profit or loss items Monetary unit principle Foreign currency business accounting, accounting for price changes The definition of advanced financial accounting It is the use of traditional financial accounting theory and methods, and new socio-economic conditions, development of financial accounting theory and methods, new economic conditions in general appear not to include the financial accounting business or non-recurring special economic operations of the accounting and monitoring, to have economic and business stakeholders to provide useful financial accounting information in decision-making and management activities. Objective economic changes in the environment caused by the loosening of the accounting assumption is the basis for the formation of advanced financial accounting loosening of the accounting entity assumption loosening of the going concern assumption loosening of the accounting period assumption loosening of monetary measurement assumptions Quality of accounting information required to strengthen and extend the new accounting treatment with a fixed, thus contributing to the Advanced Financial Accounting into a separate section Related requirements Importance of the requirements Accurately reflect the requirements Comparability requirements Prudence demands Substance over form requirement Quality of accounting information required to strengthen and extend its influence in accounting or business related Quality of accounting information Transactionof advanced accounting Going concern principle Users of financial statements assume that the records reflect the business is going to continue its operations as opposed to being closes or sold unless information is provided to the contrary Monetary unit principle Transactions are recorded based on a common currency and not adjusted for changes in value Objectivity Transactions must be recorded based on independent ,unbiased, and verifiable evidence Time period principle An entity’s activities are divided into specific time periods, such as a year ,and reported on that basis. Matching principle An amount may be ignored if its affect on the affect on the financial statement is not important to its users Consistency principle An entity must use the same accounting methods period after period so that the financial statements of succeeding periods will be comparable. Advanced Financial Accounting's research Enterprises of all types are possible special accounting Foreign currency translation accounting business Corporate income tax accounting business Special management industry specific accounting Lease accounting Oil and gas accounting services Insurance accounting Special subject of a special accounting business accounting Business combination accounting business Consolidated financial statements of the accounting business Partner Accounting Corporation and their respective branches of accounting transactions Special economic period of special accounting Price changes of accounting Bankruptcy liquidation accounting Teaching content 1 Foreign currency translation accounting; 2 contigent accounting matters; 3 asset swap accounting; 4 debt restructuring accounting; 5 Borrowing costs accounting; 6 Share-based payment accounting; 7 to correct the accounting change; 8 lease accounting; 9 after accounting matters; 10 business combination accounting; 11 earnings per share; 12. consolidated financial statements; 13 income tax accounting; 14 Accounting for Government Grants; 15 partnership accounting; 16 branches of accounting; 17 price changes, accounting; 18 bankruptcy liquidation accounting; 19. Social responsibility accounting; 20. Human resource accounting. Environmental accounting (green accounting) Section 3 Advanced financial accounting research methods 1. The intermediate financial accounting as a starting point for in-depth study 2. To all those who have the core characteristics of the accounting business, conduct special studies 3. The close integration of theory and practice, focus on business analysis and examples of presentation 4. More multi-faceted, adhere to the "foreign", focusing on analysis of the practical problems