Wolters Kluwer’s China Master GAAP Guide has long enjoyed a reputation for being the indispensable handbook on accounting and auditing practices in China. In keeping with tradition, this latest edition of the Guide provides comprehensive and up-to-date commentary on China’s Accounting Standards for Business Enterprises (ASBE) along with detailed explanations, applications, and worked examples for each of the 42 standards issued by the Ministry of Finance as at 30 November 2018. The book’s usefulness to readers is undoubtedly exceptional. Recent developments in the field are also adequately addressed, covering such areas as the International Financial Reporting Standards (IFRS) on joint arrangements, financial instruments, revenue from contracts with customers, and the requirements on the Application Guidance and interpretations. This 11th Edition of the China Master GAAP Guide provides: - a separate chapter for each ASBE; - various worked and applied examples to enhance understanding on ASBE; and - comprehensive, practical and up-to-date commentary on ASBE. Each of the 42 accounting standards is explained in detail. Chapters on the Basic Standard, Application Guidance and Accounting Standards for Small-sized Enterprises are also included.