DUSA Workshop: New Accounting Standards & IIT Preparation in 2021
Seminar | Thursday, February 25, 2021 | 1:00 PM - 4:15 PM | Suzhou
Several new accounting standards affecting revenue, leases and financial instruments, came into effect this year for non-listed companies in China. These new standards affect different businesses' accounting practices in different ways, making it vital that companies understand the changes under these new standards. For example, some firms may need to change when they recognize revenue while others may need to add right-of-use assets and lease liabilities to their balance sheet. The higher requirements brought on by the new standards can make handling accounting work in 2021 challenging.
Now is the perfect time to build your company's understanding of the major changes under the new accounting standards and how they can affect your accounting practices, financial statements, and even business operations. Join Jenny Liao, Senior Manager on our Corporate Accounting Services team, and Ivy Gu, Audit Manager, as they discuss the new accounting standards together with Orbis Consulting.
Jenny and Ivy will dive into the key changes and impacts of the new standards, while Renee Wu from Orbis discusses how the new standards will affect work through SAP. Afterwards Jenny and Ivy will also cover new developments in both Individual Income Tax (IIT) preparation and accounting digitalization in 2021.
This seminar is held in partnership with DUSA. Clients of DSA can enjoy the special member price of 100 RMB by registering through us. Please contact Lauren Fujino directly to register.
Members: 100 RMB / Non Members: 300 RMB
For more information, please click here.