Our collection of resources based on what we have learned on the ground

Resources

infographic

Tax Comparison of Asset Sale and Equity Transfer in China

Tax Comparison of Asset Sale and Equity Transfer in China

This infographic shows which tax is needed to be applied to asset seller, equity transferor, asset acquirer and equity acquirer in China.

Q&A

What are the differences between the Chinese Accounting Standard (CAS) and the I...

What are the differences between the Chinese Accounting Standard (CAS) and the I...

Despite the ongoing convergence towards international standards, one must be aware of the following differences: Choosing a valuation method; China Accounting Standards (CAS) only allows fixed assets to be valued according to their historical cost...

Q&A

What are the expectations for the Generally Accepted Accounting Practices (GAAP)...

What are the expectations for the Generally Accepted Accounting Practices (GAAP)...

The 2014 Generally Accepted Accounting Practices (GAAP) is expected to be adopted by all medium and large-sized enterprises across Mainland China. The new PRC GAAP consists of: One basic standard providing guidance on practical issues 41 specific...

Q&A

What is 'mapping' in China?

What is 'mapping' in China?

As foreign companies follow different standards, the information from the Chinese subsidiary must be translated to fit into overseas parent company books. This procedure is known as mapping. There are two points to consider: 1. The divergence of Ch...

Q&A

How is accounting currency determined in China?

How is accounting currency determined in China?

When a company chiefly does business in  non-local currency, it then may choose the currency in which to conduct its accounting. When choosing currency, the company must consider the following factors: If the currency influences the sales pri...

Q&A

What procedures must be considered for before repatriating profits in China?

What procedures must be considered for before repatriating profits in China?

The remitting of profits does not need prior approval from the State Administrative of Foreign Exchange (SAFE). However it must show that all income taxes have been paid. The investor must present the following documents to the bank in order to prove...

infographic

China Accounting Quick Facts

China Accounting Quick Facts

China Accounting Quick Facts that include accounting standards, accounting licenses, regulators, the fiscal/financial year, repatriating funds and liability.

magazine

Managing Your Accounting and Bookkeeping in India

Managing Your Accounting and Bookkeeping in India

In this issue of India Briefing Magazine, we spotlight three issues that financial management teams for India should monitor. In the first article, we examine the new Indian Accounting Standards (Ind-AS) system, which is expected to be a boon for for...

magazine

Managing Your Accounting and Bookkeeping in China

Managing Your Accounting and Bookkeeping in China

In this issue of China Briefing, we shed light on the practice of accounting in China. We start out by introducing the reader to the development of the Chinese accounting standards, and their main differences compared to international standards. Next...

videographic

Annual Accounting Compliance Requirements

Annual Accounting Compliance Requirements

This complicated topic is clarified in this prezi as well as describes the requirements for the procedures

videographic

Compliance Anforderungen in China

Compliance Anforderungen in China

Das komplizierte Verfahren wird in dieser Prezi dargestellt.

Q&A

Can companies listed on the stock exchange give their employees the right to buy...

Can companies listed on the stock exchange give their employees the right to buy...

Stock options are a type of remuneration where companies that are listed on a stock exchange give their employees the right to buy stocks in the company at a certain price. After one year, the options become exercisable and the employe...

Filter By

Topic

Country

Type of resource

Language

Enquire for more information about our services, and how we can help solve challenges for your organization

Contact Us
The code is case-sensitive