Accounting standards

China Accounting Standards Committee (CASC)

Website
CASC

Body responsible for developing and issuing local standards.

Financial reporting framework in China

Website
Deloitte

Updates on accounting standards in China, from Deloitte's IAS Plus service.

IFAC profile: China's mainland

Website
IFAC

Profile of the legal and regulatory environment, including information on the statutory framework for accounting and auditing, regulation of the profession and adoption of international standards.

Use of IFRS standards by jurisdiction: China

Website
IFRS Foundation

Country profile prepared by the IFRS Foundation with notes on the extent of IFRS application, relevant jurisdictional authority, IFRS endorsement and translation of standards.

Terms of use

ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided 'as is' with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.

Model accounts

The ICAEW Library can search our databases for model accounts and disclosure checklists on behalf of members, ACA students and other authorised users. Contact us to request model documents.

Model financial statements (China)

Website
Deloitte

Example accounts produced by Deloitte member firms to help users prepare reports in compliance with local GAAP. Model statements in English are also available.

Terms of use

Comparisons

Comparison of IFRS with China GAAP

Website
2012
Wiley

Detailed chapter comparing the Chinese Accounting Standards (CASs) issued by the Accounting Regulatory Department of the Chinese Ministry of Finance (MoF) with International Financial Reporting Standards (IFRS).

Terms of use

ICAEW report

Small company reporting: a focus on China with UK comparisons

Report
2021
PDF (1,109kb)

This study, which was undertaken with the Ministry of Finance in China, examines several aspects of the financial reporting by small companies.

Sustainability reporting

Guidelines on Self-Regulation of Listed Companies – Sustainability Report (Trial)

Website
Apr 2024
PwC China

Publication from PwC China summarising the guidelines on sustainability reporting for listed companies issued on 12 April 2024 by the Shanghai Stock Exchange (SSE), the Shenzhen Stock Exchange (SZSE) and the Beijing Stock Exchange (BSE) respectively.

Sustainability Disclosure Standards for Business Enterprises – Basic Standard (Trial)

Website
Dec 2024
Ministry of Finance of the People's Republic of China

Currently available only in Chinese, this standard outlines general requirements for corporate sustainability disclosures. As of March 2025 the standard is for voluntary application, with mandatory requirements for implementation to follow at a later date.

Terms of use

Accountancy associations and groups

Many of the following organisations have Chinese language websites only.

For regional organisations and networks, see our list of international accountancy bodies.

eBooks

The ICAEW Library & Information Service provides full text access to a selection of key business and reference eBooks from leading publishers. eBooks are available to logged-in ICAEW members, ACA students and other entitled users. If you are unable to access an eBook, please see our Help and support advice or contact library@icaew.com.

Exclusive Comparative international accounting

eBook
2020
Christopher Nobes, Robert B. Parker
Pearson Education Limited

This book explores the conceptual and contextual foundations of IFRS, contrasting them with US GAAP. It also examines international differences in IFRS practices and the accounting differences that remain between countries such as China, France, Germany and Japan. Particular attention is paid to the key issues of political lobbying, harmonisation, and the special accounting problems of multinational companies.

Exclusive Financial reporting in China and Japan

eBook chapter
2020
Christopher Nobes, Robert Parker
Pearson Education Limited

Section covering regulatory issues, accounting practices and differences from IFRS in China and Japan.

Terms of use

You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.

More eBooks

Articles and books in the ICAEW Library collection

Each selected book features specific accounting information on this country or territory; click on the links for more details. Alternatively, contact us if you have a particular enquiry or need further help consulting these titles.

China accounting standards: introduction and effects of new Chinese accounting standards for business enterprises

Library book
2016
L.Riccardi
Springer

This book provides an overview of China's accounting standards and makes a clear comparison between Chinese and international accounting systems. It offers an essential guide to dealing with new accounting standards for business enterprises in China.

International trends in financial reporting under IFRS: including comparisons with US GAAP, China GAAP and India accounting standards

Library book
2013
A.A. Mirza
John Wiley & Sons

This book highlights and illustrates financial statement disclosures made by listed companies operating internationally under IFRS in their published financial statements.

To find out how you can borrow books from the Library please see our guide to borrowing books.

You can obtain copies of articles or extracts of books and reports through our document supply service.

ICAEW Contact Members

Contact members in Greater China

ICAEW’s network of Contact Members around the world are a point of contact for enquiries and act as ambassadors in promoting ICAEW's strategy and brand in each region.

Databases

As well as providing direct access to a world-class collection of books, journals and electronic resources, the ICAEW Library can search various international databases on behalf of members, ACA students and other authorised users. Our specialist databases contain jurisdiction-specific information on accounting, tax and related topics.

International Corporate Procedures (Lexis+)

This regularly updated database includes country-by-country information on tax and accounting and features model company accounts. The model accounts are presented in the standard format for each country or territory with original language and English language versions presented together. Contact us to request documents from this database.

Joining ICAEW

ACA training in China
If you are based in China you can qualify as an ICAEW Chartered Accountant as a university graduate. Many students start their journey by studying the ICAEW Certificate in Finance, Accounting and Business (ICAEW CFAB), before going on to complete the ACA qualification. There is also a special accelerated route for members of the Chinese Institute of Certified Public Accountants (CICPA).

CICPA members
CICPA members can join ICAEW through the Pathways to Membership scheme or the ACA study route.

HKICPA members

HKICPA members can join ICAEW through our reciprocal membership agreement or through the Pathways to Membership scheme.

Can't find what you're looking for?

The ICAEW Library can give you the right information from trustworthy, professional sources that aren't freely available online. Contact us for expert help with your enquiries and research.

Disclaimer

ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided ‘as is’ with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.

Explore more country resources

Browse resources on over 170 countries and territories, including economic forecasts, guides to doing business and information on the tax climate in each jurisdiction.

Accounting by country or territory

Find resources on accounting practices and standards internationally.

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Doing business in…

Explore the key issues for doing business abroad, from setting up a business to help on importing and exporting.

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Tax by country or territory

Resources on taxation across the world, including double tax treaties and local tax guides.

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Information

Some of the content on this web page was provided by the Chartered Accountants’ Trust for Education and Research, a registered charity, which owns the library and operates it for ICAEW.

Accounting in Mainland China

Up-to-date information and background knowledge can help support and grow your business internationally. This page sets out a range of resources on corporate reporting practices and standards in Mainland China.

Accounting standards

Terms of use

Model accounts

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Comparisons

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ICAEW report