Financial Reporting and Accounting Updates

Changes in different accounting standards present significant challenges to preparers of financial statements. In here, you will find timely and relevant accounting, financial reporting, business and regulatory insights shared by our accounting technical professionals, as well as the latest practical application guidance.

CAS (China Accounting Standards for Business Enterprises) are established by the Ministry of Finance of the People’s Republic of China. These standards are applicable to all enterprises established within the territory of the People's Republic of China.

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IFRS is the common global financial reporting language. Major new standards for financial instruments, revenue recognition and leasing present significant challenges to preparers of financial statements. You'll find the latest practical application guidance from the experts at PwC here.

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Generally Accepted Accounting Principles (US GAAP) is the accounting standard adopted by the U.S. Securities and Exchange Commission.​

Check out our US GAAP video series for the latest regulatory updates and insights on the US markets. 

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In response to the changes in the new accounting standards, we have developed a series of accounting courses for enterprises, institutions and financial professionals from the perspective of “solving important problems” and relying on the extensive experience of the accounting technical department in the research of standards and practice to systematically analyse accounting expertise and practical application.

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Contact us

IFRS/HKFRS/CAS

Brian Choi

Capital Markets and Accounting Advisory Services Leader, Beijing, PwC China

+[86] (10) 6533 2068

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Ian Farrar

Mainland China and Hong Kong Corporate Treasury Leader, PwC Hong Kong

+[852] 2289 2313

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Shelley So

Partner, PwC Hong Kong

+[852] 2289 2955

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Kun Tang

Partner, Beijing, PwC China

+[86] (10) 6533 5042

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US GAAP

Yale Xu

Partner, Beijing, PwC China

+[86] (10) 6533 5622

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Dora Cheung

Partner, Beijing, PwC China

+[86] (10) 6533 7070

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Connie Zhou

Partner, Shanghai, PwC China

+[86] (21) 2323 3197

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