China Accounting Alert – Spring festival special edition – Summarizes new accounting standards and guidelines related to the Accounting Standards for Business Enterprises issued by regulators in the Chinese mainland for 2023

China Accounting Alert is the monthly executive update for the Chinese mainland 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: Summarizes new accounting standards and guidelines related to the Accounting Standards for Business Enterprises issued by regulators in the Chinese mainland for 2023, as well as various regulatory rules and updates, providing key points that management of listed companies should consider in preparing 2023 annual financial report.

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.

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