(3) setting up and perfecting the enterprise auditing system of annual financial report so as to examine the quality of the annual financial report

Prospect for Foreign Direct Investment and the strategies of transnational corporations, 2004 2007 (UNCTAD ITE IIT 2004 8), 1 October 2004

(4) assessing enterprise finance, monitoring the operation status of enterprise finance

(1) examining and approving the internal financial management system, financial strategy, financial plan and financial budget of the enterprise

General Rules on Enterprise Finance

6. The stated objective of financial statements as contained in the quot Objectives of Financial Statements quot issued by ISAR (1989) is to provide information about the financial position of an enterprise, which is useful to a wide range of users in making decisions and is necessary for the accountability of management for resources entrusted to it.

25. When environmental damage relates to the enterprise s own property, or is caused by the enterprise s operations and activities to other property for which there is no obligation on the enterprise s part to rectify, the extent of the damage should be disclosed in the notes to the financial statements.

(1) supervising the implementation of the rules and regulations concerning enterprise finance, directing the enterprises to set up and perfect the internal financial systems in accordance with the financial relations

(5) preparing and providing enterprise financial report so as to reflect the financial information and the related situation faithfully and

9. This Interim Statement deals with accounting for environmental costs and liabilities arising from accounting transactions and events that would affect, or will likely affect, the financial position and results of an enterprise and, as such, should be reported in an enterprise s financial statements.

(1) studying out enterprise internal financial management rules, financial strategies, financial plans, preparing financial budgets

Chapter II Enterprise Financial Management System

They are hereby promulgated and shall enter into force as of January 1, 2007.

Article 61 Financial statements shall be prepared according to the provisions of the Accounting Standards for Enterprises and other related provisions promulgated by the Ministry of Finance and the CSRC.

29. The Board further noted that the financial statements of UNICEF are consolidated with those of the greeting card and related operations.

Article 2 The Company shall prepare and make disclosure of notes to financial statements according to the requirements of the Accounting Standards for Enterprises and the present Provisions.

for the 12 month period from 1 July 2004 to 30 June 2005

The financial statements present fairly the financial position as at the end of the period and the results of the operations for the period

Article 3 The state owned enterprises and state holding enterprises (hereinafter referred to as enterprises) shall determine their internal financial management systems, set up and perfect their financial management systems and control their financial risks.

The representative was also unable to credibly explain why the computer network was not listed as an asset of the business in the Kuwaiti company's 1990 audited financials statements.

Article 4 The Ministry of Finance shall be responsible for instituting the rules and regulations on enterprise finance.

on the Financial Reports and Audited Financial Statements,

Article 74 In case any enterprise, any person in charge held to be directly responsible or any other person of the enterprise fails to compile or report financial report or other materials under the provisions of Articles 64 and 65 of the present General Rules, the competent authority of finance at or above the county level may impose upon it him a penalty under the Company Law of the People's Republic of China and the Regulation on Enterprise Financial Statements.

(2) instituting the financial policies that facilitate the reform and development of the enterprises, setting up and perfecting the financial fund management systems that conduce to the development of the enterprises

Article 1 With a view to strengthening the financial management of enterprises, regulating the financial behaviors of the enterprises, protecting the legitimate rights and interests of the enterprises and related parties and boosting the establishment of modern enterprise system, the present General Rules are formulated under the provisions of the related laws and administrative regulations.

Article 68 The competent authorities of finance and their employees shall properly use the financial information of the enterprises they have seized, perform the obligation of confidentiality under law, and may not take advantage of such information to seek interest for themselves or injure the interests of any enterprise.

The financial report includes the statement of income and expenditures (Statement 1), the statement of assets, Liabilities (Statement 2), the Notes to the Financial Statements, and Annex I (exhibit V).

Schedules to the financial statements

can either be included in those financial statements, in the notes to the financial statements or, in certain cases, in a section of the report outside the financial statements themselves.

In cases where a customs clearing company accepts the commission of a taxpayer and handles formalities related to the customs clearing and duty payment in its own name, it is held liable for duty payment together with the taxpayer.

(v) notes to the financial statements.

In enterprise debt, IMF's report suggests that comprehensive measures can be taken to address enterprise debt issues.

The operating period of the organization, covered by the financial statements, is on a biennial basis.

The competent authority of finance shall offer necessary training and technical support in accordance with the demands of the enterprise.

During the December 2004 technical mission to Kuwait, the Kuwait Association of Accountants and Auditors and the Kuwait Ministry of Commerce and Industry advised that audited financial statements are not required for unincorporated establishments unless an individual holds more than five business licences, in which case consolidated audited financial statements must be prepared.

In response to a business notification issued by the secretariat, the claimant stated that he did not have audited financial statements prior to Iraq's invasion and occupation of Kuwait because his business was unincorporated and audited accounts were not required by law in Kuwait.

An enterprise group company may determine its internal financial management system by itself.

Financial reports and audited financial statements and reports of the Board of Auditors

Article 24 An enterprise shall set up a financial examination system on contract and clarify the operational flow and power limits of examination so as to carry out financial supervision.

(7) offering necessary assistance and services in accordance with the demands of enterprise financial management.

Financial statements

In addition, the two staff officers for food had no specific qualifications for food supply.

(d) To coordinate its activities with the Ssecretariats of other relevant international bodies and conventions

Presentation of financial statements

Notes to the financial statements 4 May 1998