The audit manager at Dezan Shira & Associates, Jess Feng, sheds light on what new information can be expected in financial statements due to the new accounting standards. Learn about if the new accounting standards help companies comply with both China GAAP standards and China’s VAT system.

00:00 Intro00:32 What new information can investors expect in financial statements?06:25 With there already being challenges for companies trying to comply with both China GAAP standards and China’s VAT system, do the new accounting standards make this challenge easier or more difficult?

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Dezan Shira & Associates website: https://www.dezshira.com/Dezan Shira & Associates email: UK.Ireland@dezshira.com

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What is Daxue Talks? Daxue Talks, a China business vlog powered by daxue consulting, a china-based strategic market research company founded in 2010! With Daxue Talks, you will stay up to date with all the latest business updates in China. Every day, you will learn from china-based experts who share their knowledge about the Chinese market in 2-5 minutes.

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