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US GAAP vs. PRC GAAP

Questions and Topics We Can Help You To Answer 

  1.   Country Analysis
    2.1 Economic situation
    2.2 Politics
    2.3 Business Risks
    2.4 Accounting System
    2.5 How environmental factors affect GAAP
    3.    General Differences between US GAAP and PRC GAAP
    3.1 General introduction of US GAAP and PRC GAAP
    3.2 Gray-Based Comparison
    3.3 Compare presentation of Financial Statements

    Please do this two parts of the paper. 
    Country: 1 page and half page
    General dif: 1 and half page

    Please reference the material in Prezi link below
    https://prezi.com/d1rc70_3sev1/chinese-gaap-vs-us-gaap/

    PRC GAAP VS.US GAAP
    Trade and Exports
    Private Enterprises 
    Foreign Direct Investment
    Chinese Economy Growth Model
    China
    United States
    Gray-Based Comparison
    Professionalism
    Flexibility
    Optimism
    Transparency

    Rule-based versus Principle-based
    Presentation of Financial Statements
    Inventory
    Borrowing Costs

    Financial Statements
    Inventory
    Costing Method
    Measurement
    Reversal of Inventory Write-downs

    Property Rights
    Corruption and Fraud
    Increasing labor cost
    Shortage of Mgmt and skilled workers

    Business Risk and HR Issue
    TANG DYNASTY (618-907AD)
161 Words  1 Pages
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