Administrative Measures for Bookkeeping
Order of the Ministry of Finance of the People's Republic of China No.80
February 16, 2016
The Administrative Measures for Bookkeeping (the "Measures"), which was adopted at the executive meeting of the Ministry of Finance, are hereby promulgated for implementation as of May 1, 2016.
Minister: Lou Jiwei
Administrative Measures for Bookkeeping
Article 1 The Measures is formulated in accordance with the Accounting Law of the People's Republic of China and other laws and administrative regulations, with a view to strengthening the administration of the bookkeeping qualification, regulating bookkeeping, and promoting the healthy development of the bookkeeping industry.
Article 2 These Measures apply to the application, acquisition and administration of bookkeeping qualification, as well as bookkeeping agencies engaging in bookkeeping business.
For the purpose of the Measures, bookkeeping agencies refer to the agencies that obtained the bookkeeping qualification and are engaged in bookkeeping business. Bookkeeping refers to the accounting business with which bookkeeping agencies are entrusted.
Article 3 The agencies engaging in bookkeeping business other than accounting firms shall obtain the bookkeeping certificate in a unified format prescribed by the Ministry of Finance with the approval of the financial departments of the people's governments at the county level or above (the " examination and approval authorities). The examination and approval authorities shall be designated by the financial departments of the people's governments of all provinces, autonomous regions, municipalities directly under the Central Government and cities specially designated in the state plan.
The accounting firms and branches may be permitted to engage in bookkeeping by law.
Article 4 The agencies meeting the following conditions shall apply for the bookkeeping certificate:
1. where agencies are incorporated enterprises by law;
2. where agencies employ at least three full-time practitioners with the certificate of accounting profession;
3. where person in charge of bookkeeping business are full-time practitioners with professional title of accountant or above; and
4. where reasonable internal bookkeeping regulations are laid down. .
Article 5 The agencies applying for bookkeeping qualification shall submit applications along with the following supporting documents:
1. a copy of the business license;
2. certificate of accounting profession and the certificate of professional title of accountant or above for person in charge of bookkeeping business;
3. the written commitments of full-time employees in agencies; and
4. the internal regulations for bookkeeping.
Article 6 The examination and approval authorities shall examine and approve bookkeeping qualification under the following procedures:
1. where applicants submit an incomplete application or make submission in a non-standard format, the examination and approval authorities shall notify applicants of making corrections and submitting supplementary documents within five days.
......
Order of the Ministry of Finance of the People's Republic of China No.80
February 16, 2016
The Administrative Measures for Bookkeeping (the "Measures"), which was adopted at the executive meeting of the Ministry of Finance, are hereby promulgated for implementation as of May 1, 2016.
Minister: Lou Jiwei
Administrative Measures for Bookkeeping
Article 1 The Measures is formulated in accordance with the Accounting Law of the People's Republic of China and other laws and administrative regulations, with a view to strengthening the administration of the bookkeeping qualification, regulating bookkeeping, and promoting the healthy development of the bookkeeping industry.
Article 2 These Measures apply to the application, acquisition and administration of bookkeeping qualification, as well as bookkeeping agencies engaging in bookkeeping business.
For the purpose of the Measures, bookkeeping agencies refer to the agencies that obtained the bookkeeping qualification and are engaged in bookkeeping business. Bookkeeping refers to the accounting business with which bookkeeping agencies are entrusted.
Article 3 The agencies engaging in bookkeeping business other than accounting firms shall obtain the bookkeeping certificate in a unified format prescribed by the Ministry of Finance with the approval of the financial departments of the people's governments at the county level or above (the " examination and approval authorities). The examination and approval authorities shall be designated by the financial departments of the people's governments of all provinces, autonomous regions, municipalities directly under the Central Government and cities specially designated in the state plan.
The accounting firms and branches may be permitted to engage in bookkeeping by law.
Article 4 The agencies meeting the following conditions shall apply for the bookkeeping certificate:
1. where agencies are incorporated enterprises by law;
2. where agencies employ at least three full-time practitioners with the certificate of accounting profession;
3. where person in charge of bookkeeping business are full-time practitioners with professional title of accountant or above; and
4. where reasonable internal bookkeeping regulations are laid down. .
Article 5 The agencies applying for bookkeeping qualification shall submit applications along with the following supporting documents:
1. a copy of the business license;
2. certificate of accounting profession and the certificate of professional title of accountant or above for person in charge of bookkeeping business;
3. the written commitments of full-time employees in agencies; and
4. the internal regulations for bookkeeping.
Article 6 The examination and approval authorities shall examine and approve bookkeeping qualification under the following procedures:
1. where applicants submit an incomplete application or make submission in a non-standard format, the examination and approval authorities shall notify applicants of making corrections and submitting supplementary documents within five days.
......