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New Deloitte website on Chinese accounting standards

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30 Mar 2007

Deloitte (China) has launched a new Chinese language website www.casplus.com devoted to Chinese Accounting Standards (CASs).

On 15 February 2006, the Ministry of Finance of the People's Republic of China issued a new set of Accounting Standards for Business Enterprises (ASBEs), comprising a basic standard and 38 specific standards. The ASBEs will become mandatory for all PRC listed companies on 1 January 2007. Other PRC enterprises are encouraged to apply the ASBEs. The CAS Plus website will contain information about the latest developments in accounting standards and the accounting systems in China as well as information on international financial reporting. It will also feature the reference material specially developed by the Deloitte experts available to download, including a comparison between IFRSs and PRC GAAP, model financial statements, and a disclosure checklist.

IFRS e-Learning in Chinese

For several years, Deloitte has made available, in the public interest and without charge, its English language IFRS e-learning training materials. Well over one million modules have already been downloaded by users outside Deloitte. These high quality e-learning materials are currently being translated into Chinese, and some are already available on the www.casplus.com website.

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