Seminars 2007 @ LehmanBrown.com
PRC Accounting System for Business Enterprises In January 2001, the Chinese Ministry of Finance ("MOF") adopted a comprehensive "Accounting System for Business Enterprises". As of January 2002, MOF extended the applicability of the new accounting system to foreign investment enterprises (FIE). The MOF has issued transitional provisions for FIEs to comply with the new system, including the application of 7 new standards. Aside from these changes to basic Chinese Accounting Standards, the new system in itself provides a more rigorous and comprehensive financial reporting framework, covering definitions, concepts, standards, presentation and record keeping. LehmanBrown is offering a 2 day training course designed to bring book-keepers, accountants, financial managers and directors, as well as other interested parties, up to date on the changes and application of the Accounting System for Business Enterprises. The seminar will also provide updates to the taxation system in China primarily affecting Foreign Invested Enterprises as well as other key business issues including FOREX, WTO and the legal environment. For further details please see the detailed
information page.
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