The audit manager at Dezan Shira & Associates, Jess Feng, explains the new accounting standards and their impact on financial ratios and what disclosures to expect. Learn about which industries will be influenced the most by the changes in China’s accounting standards.

00:00 Intro00:32 Will financial ratios be significantly impacted?03:40 What disclosures should investors expect to help explain the new lease accounting?06:21 For which industries will the impact be particularly significant?

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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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