Administrative Measures for Bookkeeping (Revised in 2019)
Administrative Measures for Bookkeeping (Revised in 2019)
Administrative Measures for Bookkeeping (Revised in 2019)
Order of the Ministry of Finance of the People's Republic of China No.98
March 14, 2019
(Promulgated by Order of the Ministry of Finance No. 80 on February 16, 2016, and revised according to the Decision of the Ministry of Finance on Revising Two Departmental Rules Including the Administrative Measures for Bookkeeping on March 14, 2019)
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 An agency applying for qualification for bookkeeping shall meet all of the following conditions:
1. It shall be a legally incorporated enterprise;
2. It shall have no less than three full-time professionals;
3. The person in charge of bookkeeping business shall have qualifications for the professional technical post with the title of accountant or above, or shall be a full-time professional having engaged in accounting for no less than three years; and
4. It shall have sound internal rules for bookkeeping business.
The professionals of a bookkeeping agency shall have the basic accounting knowledge and business skills and are capable of independantly handling basic accounting business, and shall be assessed and recognized by the bookkeeping agency.
The term "full-time professional" mentioned in the preceding paragraphs of this Article refers to a professional who engages in bookkeeping in only one agency.
Article 5 Any agency applying for the qualification of bookkeeping shall submit its application and the following materials and shall be responsible for the authenticity of the materials it submits to the department of examination and approval and annex the following materials:
1. Unified social credit code;
2. A written commitment letter undertaking that the person in charge of bookkeeping business has qualifications for the professional technical post with the title of accountant or above, or is a full-time professional having engaged in accounting for no less than three years;
3. A written commitment letter undertaking that the full-time professional is employed by the agency solely; and
4. Internal rules for bookkeeping business.
Article 6 The examination and approval authorities shall examine and approve bookkeeping qualification under the following procedures:
1.
......
Order of the Ministry of Finance of the People's Republic of China No.98
March 14, 2019
(Promulgated by Order of the Ministry of Finance No. 80 on February 16, 2016, and revised according to the Decision of the Ministry of Finance on Revising Two Departmental Rules Including the Administrative Measures for Bookkeeping on March 14, 2019)
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 An agency applying for qualification for bookkeeping shall meet all of the following conditions:
1. It shall be a legally incorporated enterprise;
2. It shall have no less than three full-time professionals;
3. The person in charge of bookkeeping business shall have qualifications for the professional technical post with the title of accountant or above, or shall be a full-time professional having engaged in accounting for no less than three years; and
4. It shall have sound internal rules for bookkeeping business.
The professionals of a bookkeeping agency shall have the basic accounting knowledge and business skills and are capable of independantly handling basic accounting business, and shall be assessed and recognized by the bookkeeping agency.
The term "full-time professional" mentioned in the preceding paragraphs of this Article refers to a professional who engages in bookkeeping in only one agency.
Article 5 Any agency applying for the qualification of bookkeeping shall submit its application and the following materials and shall be responsible for the authenticity of the materials it submits to the department of examination and approval and annex the following materials:
1. Unified social credit code;
2. A written commitment letter undertaking that the person in charge of bookkeeping business has qualifications for the professional technical post with the title of accountant or above, or is a full-time professional having engaged in accounting for no less than three years;
3. A written commitment letter undertaking that the full-time professional is employed by the agency solely; and
4. Internal rules for bookkeeping business.
Article 6 The examination and approval authorities shall examine and approve bookkeeping qualification under the following procedures:
1.
......