National Economic Accounting System in China and Its Application in Business
Download as PDF
DOI: 10.23977/ICISSH2022.016
Author(s)
Yan Li, Xiaoyi Gao, Xiaowu Wang
Corresponding Author
Xiaoyi Gao
ABSTRACT
China's national economic accounting system, which includes certain accounting standards and norms, is an activity of the National Bureau of Statistics that uses scientific theory and professional methods to conduct comprehensive accounting of social reproduction. The national economy is analysed, calculated and synthesized based on relevant data. Various national economic accounting tables are prepared to summarise the country's operation in a certain period, supporting economic decision-making. Basic accounting is the core content of the federal financial accounting system. Authenticity and accuracy of enterprise financial accounting data are essential for the enterprise. Only in this way can the data provided by enterprises to the statistics bureau, taxation bureau and other government departments have research value and make the foundation of the national economic accounting system more solid. When establishing green GDP, enterprises should comply with laws and regulations and integrate accounting and statistics. The enterprise should also apply information technology to its practical work and consider the negative affect of resource consumption. Realize the concept of sustainable corporate development.
KEYWORDS
Green GDP, National economic accounting, Modern information system, Enterprise application