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China Company Accounting

Updated:2018-4-12 16:17:17    Source:www.tannet-group.comViews:148

China company accounting is a must for the business followup operation. Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business, and it also refers to the process of summarizing, analyzing and reporting these transactions to oversight agencies and tax collection entities. Accounting is one of the key functions for almost any business; it may be handled by a bookkeeper and accountant at small firms or by sizable finance departments with dozens of employees at large companies.

The reports generated by various streams of accounting, such as cost accounting and management accounting, are invaluable in helping management make informed business decisions. The financial statements that summarize a large company's operations, financial position and cash flows over a particular period are concise statements based on thousands of financial transactions. As a result, all accounting designations are the culmination of years of study and rigorous examinations combined with a minimum number of years of practical accounting experience.

Purpose of Company Accounting
To provide the accounting messages, such as enterprise’s financial status, operational result and cash flow, etc., to users of financial report, in order to reflect the execution situation of fiduciary responsibility of enterprises management staff and help the users of financial report to make economic decision.

Basic Elements of Accounting
Static Elements: Asset, liabilities and shareholders’ equity;
Dynamic Elements: Income, expense, profits.

Tannet’s Services Include:
Bookkeeping Service;
Establishment of Accounting Policy;
Compilation of Financial Statements;
Inventory Management;
Cost Control.

The accounting professionals of Tannet have commendable occupational integrity and prudent account-processing skills. We can design and implement the best service plan which meets the accounting standards through our thorough understanding of client's business, in order to enable client to focus on their core business development as well as save operational costs.

Contact Us
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website www.tannet-group.net, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to tannet-solution@hotmail.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.

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