||Thursday, 22 September 2022
||German Centre Shanghai
||Thursday, 29 September 2022
||German Centre Taicang
||1:30 pm – 4:30 pm
||Business owners and/or General Managers
||1,200 RMB per person (the participation fee includes coffee break)
Financial transparency seems to be a luxury to foreign businesses in China. A lot of foreign business owners or GM stationed in China complain that they are not able to have the visualization over their business by checking the financial reports prepared by their accountants. But there is nothing they can do to change.
It is accepted by most of the foreigners that the accounting treatments should be based on the complicated tax and fapiao rules in China, which makes the Chinese accounting principles different from those of the rest of the world. As a result, the financial statements are more compliance driven rather than decision-making driven.
However, is it true? Are the Chinese accounting principles so different? Is it so difficult to have the financial reports that can visualize your business and be meaningful to you?
Training Content and Goals
- What is financial transparency (or business visualization)? How are you evaluating your business performance when you are unable to obtain accurate financial statements – by preparing the excel worksheets by yourself?
- Why financial transparency is so difficult to be achieved for your business in China? What are the actual reasons that cause the rampant failure of business visualization in China? Why the complexity of compliance requirements in China is not an excuse for the flawed financials? – We will explain from the perspective of tax rules, fapiao rules, and accounting principles.
- A set of common mistakes that characterize flawed books and financial reports, and how to identify and disclose these mistakes? – We will share some real cases.
- How to solve the problem to achieve financial transparency for your business in China, so that you can properly analyze your numbers and make informed business decisions, on the basis of correctly prepared books. – We will share some real cases.
Aepoch Advisors is a comprehensive financial management consulting and SAAS management software service provider based in Shanghai. Aepoch Advisors provides financial and tax system planning, management software and implementation, and financial reporting services for SMEs and start-ups. With years of financial experience, Aepoch Advisors is also committed to providing professional financial training to international companies, and its focus is on analyzing the differences between Chinese and Western financial systems.