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What are the regulations regarding the establishment of a Financial Accounting Department in China?

April 26, 2017Accounting China Department establishment financial regulations

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What are the regulations regarding the establishment of a Financial Accounting Department in China?

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FIEs should establish a financial accounting department in the place where it is located, to be manned by qualified financial and accounting personnel responsible for handling financial and accounting matters in accordance with the law. (MOF has strict management guidelines regarding the qualifications of financial and accounting personnel.

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FIEs should establish a financial accounting department in the place where it is located, to be manned by qualified financial and accounting personnel responsible for handling financial and accounting matters in accordance with the law.