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In accordance with 'Circular No.2024' on the Preparation and Submission of Annual Financial Reports for Financial Institutions, our objective is to ensure transparency and timely access to financial data related to financial institutions including Asset Management Companies. This circular ms at facilitating a thorough understanding of these entities' financial health, operational achievements, and asset quality.
The requirements specified in this document are based on 'The Accounting Law of the People's Republic of China', along with 'Regulations for Enterprise Financial Report Preparation' 国务院令第287号. The core task is to prepare comprehensive annual reports that encompass revenues, expenses, assets, liabilities, and equity for all financial institutions.
Our responsibility as a professional service provider exts beyond merely preparing these documents; rigorous auditing procedures to ensure accuracy and completeness of data submitted by the financial institutions. This process also ensures compliance with legal standards in 'The Accounting Law', thus upholding public trust.
To guarantee authenticity and reliability, all submissions must adhere strictly to the within this circular. Any deviation from these instructions could result in discrepancies that may mislead stakeholders and investors alike. Therefore, it's crucial for financial institutions to consult their accounting professionals or relevant legal advisors prior to finalizing their reports.
In addition to adhering to the outlined criteria, we encourage all involved parties to adopt a proactive approach towards financial reporting. This not only fosters transparency but also enables continuous improvement within the sector by identifying areas needing attention and strengthening practices based on real-time data analysis.
By following these guidelines carefully, stakeholders will be equipped with accurate information necessary for making informed decisions. It's imperative that we mntn high standards of professionalism and integrity in this process to facilitate a robust financial ecosystem that benefits everyone involved.
In , the responsibility of reporting financial statements accurately and timely falls upon the institutions themselves alongside their service providers. these instructions ensures not only legal compliance but also fosters trust among stakeholders by providing transparent insights into the financial performance of these entities.
Let us all work together towards achieving this common goal - a financially literate society based on reliable, accurate data provided through professional and diligent reporting practices.
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Annual Financial Report Preparation Guidelines Circular No.2024 Compliance Tips Financial Institution Reporting Standards Asset Management Company Audit Procedures Enterprise Financial Report Adherence Tips Legal Framework for Financial Reporting