会计报表中英文对照

•会计报表中英文对照

Accounting

1. Financial reporting（财务报告） includes not only financial statements but also other means of communicating information that relates, directly or indirectly, to the information provided by a business enterprise’s accounting system----that is, information about an enterprise’s resources, obligations, earnings, etc.

2. Objectives of financial reporting: 财务报告目标

Financial reporting should:

(1) Provide information that helps in making investment and credit decisions.

(2) Provide information that enables assessing future cash flows.

(3) Provide information that enables users to learn about economic resources, claims against those resources, and changes in them.

3. Basic accounting assumptions 基本会计假设

(1) Economic entity assumption 会计主体假设

This assumption simply says that the business and the owner of the business are two separate legal and economic entities. Each entity should account and report its own financial activities.

(2) Going concern assumption 持续经营假设

This assumption states that the enterprise will continue in operation long enough to carry out its existing objectives.

This assumption enables accountants to make estimates about asset lives and how transactions might be amortized over time.

This assumption enables an accountant to use accrual accounting which records accrual and deferral entries as of each balance sheet date.

(3) Time period assumption 会计分期假设

This assumption assumes that the economic life of a business can be divided into artificial time periods.

The most typical time segment = Calendar Year

Next most typical time segment = Fiscal Year

(4) Monetary unit assumption 货币计量假设

This assumption states that only transaction data that can be expressed in terms of money be included in the accounting records, and the unit of measure remains relatively constant over time in terms of purchasing power.

In essence, this assumption disregards the effects of inflation or deflation in the economy in which the entity operates.

This assumption provides support for the "Historical Cost" principle.

4. Accrual-basis accounting 权责发生制会计

5. Qualitative characteristics 会计信息质量特征

(1) Reliability 可靠性

For accounting information to be reliable, it must be dependable and trustworthy. Accounting information is reliable to the extend that it is:

Verifiable: means that information has been objectively determined, arrived at, or created. More than one person could consider the facts of a situation and reach a similar conclusion.

Representationally faithful: that something is what it is represented to be. For example, if a machine is listed as a fixed asset on the balance sheet, then the company can prove that the machine exists, is owned by the company, is in working condition, and is currently being used to support the revenue generating activities of the