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China Accounting Alert – January 2023 – Accounting Regulatory Department of the MOF releases Application Examples on Revenue Standard
China Accounting Alert is the monthly executive update for Mainland China and Hong Kong on recent developments in local and international financial reporting standards, and related hot topics and emerging issues. China Accounting Alert is designed to help keep you one step ahead by providing easy access to the information you need, all in one place. It is not intended to be a substitute for reading the financial reporting standards or other appropriate authoritative guidance, to which reference should be made for a full understanding of the relevant subject matters.
Matters covered in this issue include: Accounting Regulatory Department of the MOF releases Application Examples on Revenue Standard; Accounting Regulatory Department of the MOF releases three Q&As on Implementing Accounting Standards for Business Enterprises; Shanghai Stock Exchange (SSE) issues Notice on Improving the Information Disclosure of 2022 Annual Reports of Companies at Delisting Risk and simultaneously revises related format of announcements; etc.
Please feel free to contact your EY client service professionals for further assistance if you find the provision of China Accounting Alert have an impact on your business operations.