China's accounting regulatory regime and its structure

Abstract

Subject. This article deals with the issues related to the accounting regulatory system of China, considering its main components and structural features. Objectives. The article aims to present the characteristics of the accounting regulatory system of China and analyze its composition horizontally and vertically. Methods. For the study, I used analysis, synthesis, and other general scientific methods. Conclusions. The article notes that the accounting regulatory system of China can be divided vertically into four levels according to powers and legal force, and horizontally, four aspects of it can be distinguished in accordance with the content of the accounting rules.