Commission new rules easier to read and understand financial statements of listed companies.

<P>: Hearing, the Commission revised the "15 prescribes the general rule "---" Financial Reporting" from the provisions of the old words more than 5,000 words, a total of more than 14,000 words. .New rules require not only the financial statements of listed companies to be more detailed and also requested that the basis of key financial data and calculation methods to say it. .Obviously, the financial statements under the new regulations will be easier for ordinary investors to understand, in order to facilitate their investment decisions. .</ P> <P> new rule is still divided into general principles, financial statements, financial statements, supplementary information and by-laws of five parts, mainly concentrated in the financial statements to modify some of the notes. .Notably, the new regulatory requirements will be listed as three types of receivables, that is "individually significant receivables are not individually significant, but by credit risk characteristics of the portfolio after portfolio of risky receivables .Other non-significant receivables. " .Also, three types of accounts receivable to the amount listed, the proportion of total gross receivables, the proportion and amount of provision for bad debts. .</ P> <P> of treasury shares, the new rules were strict rules requiring the disclosure of "the reasons for repurchase of shares of the Company and the corresponding method for determining the cost of treasury shares", "cancellation of treasury shares due to a reduction of equity." .In addition, the cancellation of treasury shares, transfer, also provided for. .</ P> <P> rarely mentioned in the old rules of financial assets, the new regulations detail the requirements for state, "the classification of financial assets; major financial assets at fair value method to determine impairment testing methods and reduction .value of the provisioning methods "and so on. .The comment also asked for financial liabilities, "the classification of financial liabilities; major financial liabilities to determine fair value method." .This section also specifically requested Statements "bear the risk of exchange rate fluctuations in the exchange rate risk of financial instruments." .</ P> <P> special emphasis on new accounting standards, the fair value of assets in the new regulations were mentioned repeatedly. .Such as listed property investment companies, such as the fair value model, "should be disclosed in accordance with the accounting policy choice", and "companies can obtain from the real estate market the same or similar real estate market prices and other relevant information, .investment real estate and thus to estimate the fair value of the evidence. " .In addition, changes in fair values of assets and the amount of content need to be asked to "be listed." .</ P> <P> intangible part of the new regulations also require more detailed disclosure, such as intangible assets with finite useful life, to make "life prediction", an indefinite useful life intangible assets, to give relevant "to determine .basis. " .</ P> <P> gradually increased in recent years of "business combination under common control" phenomenon, the new regulations also require that determine the basis, and disclose the actual controller. .Absorption and merger of enterprises the main assets, liabilities, etc., are required to show "determination of the value recorded." .The value of goodwill be asked to indicate "OK method." .</ P>.