资产负债核算（Assets and liabilities accounting）.doc

资产负债核算（Assets and liabilities accounting） Section sixth assets and liabilities accounting Assets and liabilities accounting is based on the stock of economic assets. It reflects the historical accumulation of assets and liabilities owned by the institutional sector and the overall economy at a given point in time. At the beginning of the scale and structure of assets and liabilities is the initial condition of the current economic activity, after a period of accounting of economic activity (production, distribution, consumption, investment and financing) and non economic activities (such as natural disasters, war etc.) formed the scale and structure of the final balance. Therefore, there is a close relationship between asset liability accounting and economic flow accounting. I. Basic Accounting Principles The accounting of assets and liabilities adopts the principle of double entry accounting, and the assets and liabilities transactions between the institutions must be recorded at the same time with the balance sheet of both parties. The institutional sector follows the accrual basis when recording assets and liabilities transactions. The balance sheet is divided into the initial balance sheet and the balance sheet at the time of accounting. At present, Chinas assets and liabilities accounting point of view for the calendar year and two points at the end of the year, in order to determine the starting point and the end of the asset liability accounting. In the balance sheet, non-financial assets are only reflected in the holders asset, the user. The financial institutions of the creditors rights and debts of different simultaneous, equal and opposite direction, have a department or several departments bear the amount of the claim, the necessity and the corresponding other departments or institutions sector debt equal to the amount. In the overall scope of the national economy, the amount of domestic financial assets and liabilities are equal and offset each other. T