Accounting is the measurement, processing and communication of financial information about economic entities such as businesses and corporations. The modern field was established by the Italian mathematician Luca Pacioli in 1494 Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of users, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms.
Accounting can be divided into several fields including financial accounting, management accounting, external auditing, and tax accounting. Accounting information systems are designed to support accounting functions and related activities. Financial accounting focuses on the reporting of an organization's financial information, including the preparation of financial statements, to external users of the information, such as investors, regulators and suppliers; and management accounting focuses on the measurement, analysis and reporting of information for internal use by management. The recording of financial transactions, so that summaries of the financials may be presented in financial reports, is known as bookkeeping, of which double-entry bookkeeping is the most common system.
Accounting is facilitated by accounting organizations such as standard-setters, accounting firms and professional bodies. Financial statements are usually audited by accounting firms, and are prepared in accordance with generally accepted accounting principles (GAAP). GAAP is set by various standard-setting organizations such as the Financial Accounting Standards Board (FASB) in the United States and the Financial Reporting Council in the United Kingdom. As of 2012, "all major economies" have plans to converge towards or adopt the International Financial Reporting Standards (IFRS).
Henan University of Technology (HAUT), approved by the State Ministry of Education and Henan Provincial Government in May 2004, was established on the basis of the amalgamation of Zhengzhou Institute of Technology and Zhengzhou Polytechnic Institute. Both Zhengzhou Institute of Technology and Zhnegzhou Polytechnic Institute were founded in 1956. Zhengzhou Institute of Technology, initially named Zhengzhou Grain College, was the first college of the State Grain Ministry and one of the earliest engineering colleges in Henan Province. Zhengzhou Polytechnic Institute was one of the first key institutes awarded the National Model Advanced Engineering Institute.
HAUT covers an area of 218 hectares. The new campus, covering 185 hectares, is located in the Zhengzhou Hi-tech Development Zone. The school is well equipped with advanced facilities. The school has accomplished the University Resources Project (URP). The internationally-advanced digital campus system of the new campus has integrated the digital management system, CA system, network teaching system, VOD and video-meeting system, “one card access”system, etc, which provide efficient information service for education, research and management.
HAUT has a faculty with academic prestige and educational experience. There are 1401 full time teachers, among which there are 1 academician of the Chinese Academy of Engineering, 2 specially-appointed professors of Henan government. 10 supervisors for Ph.D.students.
The applicant should be a graduate of senior high school and should hold an HSK certificate of level 6 or above.
1. Certificate of HSK
Certificate of HSK (Chinese Proficiency Test)
2. Photocopy of valid passport
With name, passport number & expiration date, and photo included
3. Passport photo
A recent passport-sized photo of the applicant
4. High school academic transcript
5. High school graduate certificate
Graduation certificate in languages other than Chinese or English should be translated into Chinese or English and be certified by notarization.
Question: What is the cost of applying through ACASC?
Answer: ACASC charges a service fee of 50$ for using its online application portal. Applying through ACASC into Chinese universities attracts a service fee of $50.
Question: Can I apply to the university directly?
Answer: Yes. ACASC gives the applicants, the chance to directly apply to their desired universities through our online application portal. We have synchronized our system to create a simple platform that connects universities and colleges in China to international students all around the world.
Question: How can I track my application status?
Answer: To track the application status, please log in your ACASC personal account. Whenever there’s an update, you will be informed on your application status through ACASC system within a day as soon as we receive university’s notification. You will simultaneously receive ACASC auto-email about the application status. To directly inquire about your application status, feel free to send us an email to admission@acasc.cn and our team will keep you updated.
Question: How to deal with a pending application?
Answer: When an application is pending a decision it means that your school has received it and no admissions decision has been made yet. The admissions office may have reviewed your application package or may not have. The main cause of a pending application is usually incomplete application documents. As a result you will be requested by the school’s admission office to re-check and modify all submitted application documents or perhaps even add extra documents and then re-submit them.
To avoid further delays, carefully read the university’s comments, modify your application form on ACASC, and re-upload the required application documents. You can contact ACASC on admission@acasc.cn for any help with regards to your pending application.
Question: How long does it take to process my application?
Answer: Processing time varies for different applications. For example to process a degree program application requires more time than a Chinese language application. Confirmation for Chinese language application by the admission office usually takes 2 to 4 weeks. However, time for degree programs application differs. For example fall semester application processing is after March, and it takes a period of 1 to 2 months. This also depends on your qualification and the number of applicants.