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Process for Bookkeeping Management
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| "Process
For Bookkeeping Service Management" Announcement
1. In setting up a bookkeeping service business, the following conditions should be complied: there should be at least three professionals who process accounting professional qualification; the responsible Management of bookkeeping service business should process the CPA qualifications; there must be a permanent office. there should be a comprehensive rules and systems for bookkeeping business and financial accounting management. 2. Bookkeeping service company other than CPA firm should obtain approval for application of bookkeeping qualification through above-prefecture -class financial bureaus (approval authorities). After this, applicants can then get the certificate to process the application in Ministry of Commerce and Trade. 3. Before carrying out bookkeeping, there should be formal agreements between the bookkeeping service company and the client. According to the original information and vouchers provided by the client, bookkeeping service providers will carry out accounting audit including authenticity verification of original vouchers, imputation, and registration of bookkeeping and editing of financial accounting report. Besides these, the service providers also provide outbound financial accounting report, give tax data to tax department and other accounting businesses. 4. In case if bookkeeping
service providers and their staff break the accounting laws and
systems of the country that lead to chaos in auditing and interest
losses of the country and clients, or clients withhold facts and
provide fake information, both need to bear all legally responsibilities.
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