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China Accounting Alert - EY

China Accounting Alert August 2016. This edition of China EY publications Accounting Alert introduces Applying IFRS: A closer look at the new leases standard some EY publications on IFRS, The IASB issued IFRS 16 Leases earlier this year, which requires lessees to and provides a summary of recognize assets and liabilities for most leases on their balance sheets. This could the recent developments in have implications for entities' finances and operations and may require new IFRS and news about financial processes and controls, or adjustments to existing ones, to identify and account reporting in Mainland China for leases. This edition of Applying IFRS discusses how IFRS 16 is applied and is intended to help companies consider the effects of adopting it. Preparers and users of financial statements are encouraged to read this edition of Applying IFRS. carefully and consider the potential effects of the new standard. Good Insurance ( international ) Limited 2015. Good Insurance ( international ) Limited is a set of illustrative financial statements specific to the insurance industry for the year ended 31 December 2015.

China Accounting Alert is our monthly executive update for Mainland China and Hong Kong on recent developments in local and international financial reporting, and related hot topics and emerging

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