Research On The Business Accounting System Of The National Commercial Bank(1907-1947)

The National Commercial Bank was a well-known private bank in the Republic of China.It was established in 1907.It was originally a subsidiary bank of Zhejiang Railway Company,which deposited its deposits and long-term business of the bank,and also engaged in commercial banking business.By 1915,The National Commercial Bank began to reform and became a commercial bank that solely operated banking business.With the slogan of steady operation,development of industry and commerce,the establishment of the savings department,the development of savings,and the development of warehouse warehouse business,the business results have increased year by year,and it has occupied "South 3" for a long time.The beginning of the line.By around 1930,branches had spread all over the country,and the scale of business and business achievements reached its peak.Later,due to the influence of the Nanjing National Government and the anti-Japanese war,the business was damaged and the development was difficult.By 1952,in response to the call for public-private partnerships,the business was closed.The business accounting of The National Commercial Bank began to use traditional bookkeeping for the reasons of the times.When the bank reform was carried out in 1915,it used the new bookkeeping and gradually established the accounting organization of the bank.Later,under the influence of various political and economic factors,the company continued to improve its innovation.By 1935,detailed accounting procedures were formulated and the bank's business accounting system was improved.The first part of this paper is the background of the development of business accounting of The National Commercial Bank.It briefly describes the development of The National Commercial Bank and the development of Western accounting system in China.The second part introduces the business accounting system of The National Commercial Bank,and its accounting subjects and certificates.The style,account book format,final accounting method and warehouse accounting were analyzed.The third part compares the operating accounting system and organization of The National Commercial Bank with the famous commercial banks in the Republic of China.It is concluded that the banking accounting system in the Republic of China is moving in a unified direction.Development,and its content is more and more reasonable and rigorous,explaining the illustrations and texts,easy to understand;the fourth part summarizes the reasons and impact of the industrial accounting reform of The National Commercial Bank.The reasons for its changes are divided into two aspects: internal and external.The impact on the social economy has promoted the development of China's accounting industry,promoted the exchanges of the banking industry at that time,and promoted the process of modernization in China.The changes in the business accounting of The National Commercial Bank have supplemented and helped the reform of the accounting system during the Republic of China.This paper hopes to supplement the information of China's accounting development by studying the cases of The National Commercial Bank's business accounting changes,and hopes to provide some feasible experience for the construction of China's banking accounting system.