China’s Accounting Law: Legal Liabilities Stipulated in Other Accounting Regulations (II) Legal liabilities stipulated in the Regulations on Chief Accountants (2) Where a chief administrative officer of an entity obstructs the chief accountant from exercising their functions and powers, or retaliates against them or re…
China’s Accounting Law: Legal Liabilities Stipulated in Other Accounting Regulations (II) Legal liabilities stipulated in the Regulations on Chief Accountants(1) Where a chief accountant commits any of the following acts in their work, a disciplinary sanction shall be imposed depending on the severity of the violation …
China’s Accounting Law: Legal Liabilities Stipulated in Other Accounting Regulations(I) Legal liabilities stipulated in the Law of Certified Public Accountants(1) Where an accounting firm issues an audit report in violation of the law, the financial authority of the people's government at or above the provincial le…
China’s Accounting Law: Legal Liabilities Stipulated in the Accounting Law(II) Liabilities of staff members of the financial authorities and other competent authorities for violating the Accounting Law(1) In case of abuse of office, gross negligence, corrupt practice, disclosure of State secrets or trade secrets in exe…
China’s Accounting Law: Legal Liabilities Stipulated in the Accounting Law (5) Where the principal of an entity retaliates against an accountant who performs his duties in accordance with the law and resists violations of the provisions of the Accounting Law by demotion, removal from office, job transfer, dismissal, or…
China’s Accounting Law: Legal Liabilities Stipulated in the Accounting Law (4) In case of inciting, instructing, or demanding an accounting department, accountant, or any other person to forge or alter accounting vouchers or accounting books, prepare false financial reports, or conceal or intentionally destroy accounti…
China’s Accounting Law: Legal Liabilities Stipulated in the Accounting Law (3) In case of concealing or intentionally destroying accounting vouchers, accounting books, or financial reports that shall be kept in accordance with the law, which constitutes a crime, criminal liability shall be incurred in accordance with t…
China’s Accounting Law: Legal Liabilities Stipulated in the Accounting Law (2) In case of falsification or alteration of any accounting vouchers or accounting books or preparation of false financial reports, which constitutes a crime, criminal liability shall be incurred in accordance with the law. Where any of the abo…
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