the first line of action when it comes to financial issues is running to accounting firms. But most of them are known for taking shortcuts to avoid the stringent Chinese accounting standards (CAS), which can result in serious delays and non-compliance. ...
We examine how China's adoption of a new set of Chinese Accounting Standards (CAS) that is substantially converged with the IFRS affects the managerial pay-for-accounting performance sensitivity of publicly listed Chinese firms. We find that central government-controlled firms adopted an economically ...
1.The Comparative Study ofChinese Accounting Standardsand International Accounting Standards;我国会计准则与国际会计准则的比较研究 2.Especially in February 15, 2006, the Ministry of Finance released a new system of accounting standards for business enterprises, including a basic norms and 38 specific crit...
1.The Comparative Study of Chinese Accounting Standards and International Accounting Standards;中国会计准则与国际会计准则比较研究 2.Based on an analysis of the differences between the newly modified International Accounting Standards and the Chinese Accounting Standards,this paper argues that in participating...
Chinese companies use Chinese Accounting Standards (CAS), also known as Chinese Generally Accepted Accounting Principles.9 A Mosaic of Options Investors interested in owning a piece of the China investment story have an abundance of investment products available. As expected, some options are much bet...
XBRL International (XII) has announced that the General Purpose Taxonomy of Chinese Accounting Standards (CAS) has been granted “acknowledged” status by its Taxonomy Recognition Task Force, confirming its conformance to the XBRL specification. The...
The new Chinese accounting standards (CAS) have covered all aspects of IFRS, with great care taken to substantially align with IFRS. However, due to the uniqueness of China’s environment, the country has modified its adoption of IFRS in some respects (Hou et al., 2014). Wu et al. (201...
carries out studies to discover the differences between the net profits calculated under Chinese Accounting Standards and under International Financial Reporting Standards respectively.The purpose of this study is to discuss the issue that what differences there are between CAS and IFRS,and furthermore,...
· Well-versed with the latest Chinese Accounting Standards (CAS, which is about 90-95% similar to IFRS) · Certificate of Junior Accountant Qualification acquired in May, 2021 · Passed 2 professional subjects of Certified Public Accountant in China (CICPA) test in August, 2023, accounting (...
Ms. Liu Ping, Vice President & Secretary General of the CAS, stated that, the translation and overseas promotion of Chinese valuation standards are of great significance as well as a long-term program, and it is believed that the global influence of Chinese valuation industry will be further ...