Description
There is increasing interest in accounting issues in China. Despite a relatively short history, China's stock market is the world's second largest. This growth has been accompanied by increasing demand for accounting information alongside reforms of accounting and auditing rules, as international investors have paid increasing attention to investment opportunities in this dynamic and energetic country with a large population and economic growth potentials. Despite this, at present there are few books which offer students, academics and practitioners a comprehensive guide to current accounting issues in China.
The Routledge Companion to Accounting in China fills this important gap in the literature. The volume is organized in six thematic sections which cover capital market and corporate finance, financial accounting, managerial accounting, auditing, taxation and internal controls. The structure is intended to reflect the increasing diversity of contemporary accounting issues in China, including a balanced overview of current knowledge, identifying issues and discussing relevant debates.
This book is a prestigious reference work which offers students, academics and practitioners an introduction to current accounting issues in the emerging market of China.
Table of Contents
Introduction (Haiyan Zhou)
Part I: Capital Market and Corporate Finance
1. Corporate Investment in China: background, practice and research (Gongfu Zhang, Yi Wang, Xu Lou, Xiaohui Zhang)
2. Irrational Markets, Managerial Biases and Corporate Finance: a review of capital markets in China (Guiru Hua, Huanda Shi)
3. The Influence of Firm Location on the Choice of Payment Methods in Merger and Acquisition (Zhiying Hu, Tongtong Liu)
PART II: Financial Accounting
4. Accounting Standards in China (Deren Xie, Dengjin Zheng)
5. Fair Value Accounting in China (Xiaohui Qu, Guohua Zhang)
6. Product Market Competition and Earnings Quality (Liquan Xing, Hanwen Chen, Haiyan Zhou)
PART III: Managerial Accounting
7. Business Strategy, Managerial Expectation and Cost Stickiness: evidence from China (Tingyong Zhong, Jiangna Li)
8. Executive Compensation in China (Na Gong)
9. Equity-Based Compensation in China (Liping Xu, Xiankun Jin, Yu Xin)
10. Digital Transformation of Finance Function and Shift Strategy (Xiaomei Guo, Liqun Yuan, Wei Gao)
PART IV: Auditing
11. Audit Quality and Audit Fees in China (Feng Liu, Fan Ye, Xiaoxiao Yu)
12. Independent Auditing in China: a historic perspective (Songsheng Chen, Qingqing Liu)
PART V: Taxation
13. Tax Issues in China (Tao Zeng)
14. Income Tax Planning and Earnings Management (Nanwei Hu, Qiang Cao, Lulu Zheng, Tingyong Zhong)
PART VI: Internal Controls and Corporate Governance
15. Internal Control in China: framework, practices and literature (Wang Dong, Yun Ke)
16. Cash Flow Manipulation, Audit Opinion and Internal Control (Haiyan Jiang, Huiting Guo, Grant Samkin)
