Accounting in China in Transition: 1949-2000 (Accounting and Business in Asia) [Hardcover]

Allen Huang (Author), Ronald Ma (Author)

Book Description

Publication Date: March 2002 | ISBN-10: 981024827X | ISBN-13: 978-9810248277

The history of the People's Republic of China can be classified into two distinctive periods: Mao's China (1949-1978) and Deng's China (from 1979 to the present). Each period contains a number of sub-periods or phases, and each phase is characterised by one or more major political or economic events. This book gives an outline of the major events and the associated accounting changes over time. During the period of Mao's rule, China experienced two violent political mass movements, which inflicted great suffering on the nation. There were few accounting developments in this period. In contrast, Deng's China set itself the ambitious task of transforming the centrally planned and centrally controlled economy into a market economy "with Chinese characteristics". There has been an accompanying development in Chinese accounting, in which its key role of serving the Government's planning and control needs is transformed into serving the information needs of decision-makers in the market-place. The economic reform in Deng's China has made considerable progress, which is particularly evident in the urban and coastal regions. The transition from a planned economy to a market economy is incomplete and certain vexatious problems have yet to be resolved. The resolution of the state owned enterprise reform issues will set a precedent for the further reform of Chinese accounting.

Editorial Reviews

Review

"This book is a usefully brief review of the development of the Chinese economy under communist rule." -- Journal of Asian Business, 2002

...includes a considerable amount of detail and critical analysis. The author succeed in maintaining a readable prose style throughout. -- The China Journal, July 2003

Product Details

• Hardcover: 122 pages
• Publisher: World Scientific Pub Co Inc (March 2002)
• Language: English
• ISBN-10: 981024827X
• ISBN-13: 978-9810248277
• Product Dimensions: 8.7 x 6.2 x 0.6 inches
• Shipping Weight: 12.6 ounces (View shipping rates and policies)
• Amazon Best Sellers Rank: #3,061,002 in Books (See Top 100 in Books)

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