ACCOUNTING STANDARDS FORBUSINESS ENTERPRISES

fter approved by the State Council,the Ministry of Finance issued Accounting Standards for Business Enterprises on November 30,1992,which will become effective as of July 1,1993,These standards are applicaple to all enterprises established within the territory of the People’s Republic of China and Chinese enterprises established outside the territory of the People’s Republic of Chian.In order to make the ASBE understood easily,especially for those accounting staff in enterprises with foreign investement,enterprises involved in foreign trade,financial institutions,Chinese enterprises estabished outside the territory of the People’s Republic of China,etc.to engage in accounting operations and those foreign investors to have a better understanting of Chinese accounting policies,here we present the ASBE in English version and Japanese version ny four issues respectively.