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LSC CHINA would like to share with you the latest regulatory updates and useful information relevant to China's business environment. The purpose is to update your regulatory and China's market knowledge, as part of LCS CHINA's value-added service. News cover areas of:

gffg China's Market Updates
fg Latest Regulatory Updates
fg Industry Insights
fg Company news
LSC Seminar>> China Accounting Framework & Practices

KEY TOPICS

China Companies Act China Standard Reporting & Financial Ratios

  • Limited Liability Company vs Joint Stock Limited Co Balance Sheet and Income Statement
  • Capital Verification and Profit Appropriation Cash Flow Statement
  • Annual Inspection Statement of Changes in Equity
  • Common ratios in Chinese Financial Analysis

China Accounting Framework

  • Comparing China GAAP & Singapore FRS China Accounting & Internal Control Practices
  • General Accounting Standards and Principles Accounting Vouchers and Accounting Books
  • Accounting Recognition and Measurement Company Seal and Financial Seal
  • Accounting System Invoices, Cash and Internal control
  • Banking and Foreign Exchange Transactions Accounting Treatment for Special Transactions
    Social Benefits Transactions
  • Debt Restructuring
  • Non-monetary Transactions
  • Interested Party & Related Party Transactions
  • Commodity Futures Trading

SPEAKER – MR WANG YI

Mr Wang is a CPA with ICPAS, a member of ACCA (UK) and a graduate from Xi’an Jiao Tong
University. He was an Investment Consultant handling foreign investment issues in China. He came to
Singapore in year 2001 to work as an external auditor. Mr Wang has more than 10 years of accounting
experience in both Singapore and China and has conducted both English and Chinese workshops on
China accounting practices and taxation for the public in Singapore since year 2003. Currently, he is
working in a SGX listed company and is responsible for the accounting functions and due diligence
activities of 26 companies located in 14 different cities in China.

SEMINAR REGISTRATION

Registration for the above seminar is available online at “www.probiz-group.com/events.html”. Registration Closing Date: 11 August 2009

Seminar Fee S$450.00
Early Bird Fee ( For those who register and pay before 5 August 2009) S$390.00

Who Should Attend?

  • Directors who needs to review accounting reports for China companies
  • Financial Controllers and Accountants in charge of the accounting function in China
  • Both External and Internal Auditors performing audit in China
  • Entrepreneurs intending to set up companies in China
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