What Is Macro Accounting?

Macro accounting is also called "macroeconomic accounting". Taking the entire national economy as the main body, and applying the methods of accounting, statistics, and mathematics in the entire process of macroeconomic operation, to regularly, systematically, and comprehensively calculate and supervise the total social capital movement, and coordinate the relationship between macro and microeconomics. To achieve the best social and economic benefits of accounting management. It is an integral part of modern accounting developed on the basis of corporate accounting and government accounting. With the increase of socialization of production and the requirements of scientific management, corporate accounting has evolved from micro-accounting to macro-accounting; government accounting has evolved from administrative budget accounting to macro-economic management accounting. Macro accounting in the narrow sense generally refers to social accounting, while government accounting as micro accounting is limited to administrative budget accounting and does not include government accounting management of the macroeconomic content. Macro accounting in a broad sense includes two components: government accounting and social accounting. ^[1]

Macro accounting

"Micro accounting" symmetry. Also known as "social accounting" and "national economic accounting". Refers to the application of the basic principles, methods, and techniques of accounting and statistics based on macroeconomic theories to a country or region.

The specific content of macro accounting: Social accounting developed from national income statistics in the 1930s and 1940s. The original social accounting introduced accounting methods into national income statistics.

Chinese characteristics of macro accounting supervision

Macro accounting is an important tool to promote the development of accounting theory research, which is also one of the contents of accounting theory research. Researchers of accounting theory in China are generally educated in basic Marxist theory and have mastered the basic principles of Marxist philosophy and political economy. Therefore, in accounting theory research, it can be grasped at a high level, and it is generally believed that macro accounting should be divided into two levels of methodology and specific research methods.

Macro accounting

At the methodological level of accounting research, researchers in Chinese accounting theory generally use the epistemology of Marxist philosophy as a guide and use dialectical and historical materialist viewpoints and methods for research. Marxist philosophy is the science of the general laws of the development of nature, human society, and human thinking. It advocates the observation and understanding of the world from a unified perspective of connection, development, and opposition. It is a general method and principle for people to understand and transform the world. It has universal guiding significance for all disciplines. Consciously applying the epistemology of Marxist philosophy has made China's accounting theory research less detours.

At the level of specific research methods of accounting theory, China has long adopted a standardized research method, that is, taking standardization as the logical starting point of its research, aiming to logically highly summarize or specify the optimal accounting method through the requirements of a series of accounting principles. It will then guide accounting practices and standardize accounting practices. The standardized research method uses the concept of standardization as the premise and basis to form its own views, so only people with the same value base will agree with their views and understand the process. China is a country that has undergone long-term feudal rule and highly centralized politics. People s ideology is more orthodox and stable. In the era of dogmatism of Marxism, people s thinking has been highly unified. For a long period of time since the reform and opening up, people's thinking and concepts are still deeply affected, and there is a strong convergence of the value evaluation standards, so that the standardized accounting research methods have fertile soil and become the mainstream of accounting research methods. It wasn't until the 1990s that empirical accounting research methods have been used. In recent years, empirical research methods have started to receive more attention, and a pattern of predominantly standardized research methods has been formed and supplemented by empirical research methods.