Accounting standards for non-profit rganizations
(December 6, 2012 the Treasury promulgated as of January 1, 2013, 72nd) Chapter I General provisions
First in order to regulate the institution's accounting, accounting information quality, promote the healthy development of the public service, in accordance with the People's Republic of China accounting law and other relevant laws, administrative regulations, these guidelines have been formulated.
Second criterion applies to all types of institutions.
Article III accounting, accounting system in public institutions (hereinafter referred to as accounting system), the Ministry of finance under this norm-setting.
Article fourth accounting information accounting aims to provide users with the financial situation, business results, budget implementation and other relevant information, reflecting the implementation of institutions entrusted with the responsibility, contribute to social management, accounting information users make economic decisions.
Users of accounting information including the Government and the relevant departments, the Organization (superior), creditors, institutions themselves and other stakeholders.
Fifth institutions shall on its own of economic business or accounting matters.
Sixth public institution accounting information should be prepared on the premise that institution's operations continued normally.
Article seventh institution should define the accounting period, close the accounts and prepare financial and accounting reports in stages (also known as the financial report, the same below). Accounting period is divided into annual and monthly at least.
Fiscal year, monthly accounting period ending dates using Gregorian dates. Eighth accounting be denominated in Renminbi as its functional currency.
Foreign currency business, about the foreign currency amount converted RMB amount should be.
Nineth generally adopt a cash basis of accounting in public institutions; partial accrual accounting transactions or events, specified in the Ministry of finance in the accounting system.
Industry accounting accrual of institutions, the Ministry of Finance stated in the relevant accounting system.
Article tenth of accounting elements, including assets, liabilities, net assets, revenues, expenses, or costs.
11th public institution shall apply the double entry bookkeeping bookkeeping.
Chapter accounting information quality
12th institution should be based on actual economic business or accounting matters on the basis of objectively reflect the situation and results of the accounting elements and accounting information is accurate and true.
13th institution shall all its business or the unified accounting, accounting information to reflect the institution's financial position, career accomplishments, budget implementation, and so on.
14th for transactions or events that have taken place in public institutions, shall promptly conduct accounting, early or delayed.
15th article comparison of the accounting information must be provided by the institution. The same institutions of different stages of the same or similar transactions or events, shall adopt uniform accounting policies, may not be altered.
Absolutely necessary to change, change content, reason, and the unit should be financial situation and career outcomes explained in the notes.
Similar institutions in the different units of the same or similar transactions or events, uniform accounting policies should be adopted to ensure that a similar unit of accounting information consistent, comparable to each other.
16th institutions to provide accounting information must be implementation of and accountability of public institutions reflect, accounting, information management, relevant to the decision-making needs of users helps users of accounting information on institutions the past, present, or future evaluations or forecasts of the situation.
Article 17th institutions to provide accounting information must be clear and concise, facilitate consumer understanding and use of accounting information.
The third chapter assets
Article 18th assets refers to the institution occupied or used in a monetary unit of economic resources, including property, claims and other rights.
Article 19th according to the liquidity of assets of public institution, classified into current assets and non-current assets.
Liquidity refers to the expected within 1 year (1 year) or liquidated amount of assets.
Non-current assets are assets other than current assets.
20th institution's current assets include cash, short-term investments, accounts receivable and prepayments, inventories, etc.
Cash comprises cash on hand, bank deposits and more than 0 balance account lines.
Short-term investments refer to institution lawfully obtained, held not more than 1 year (1 year) investment.
Receivables and prepayments refer to institutions in operational activities in the form of the claim, including financial return lines, notes receivable, accounts receivable, other receivables and other receivables and prepayment.
Inventory refers to the institutions in conducting business activities and other activities in store for consumption assets, including materials, fuel, packaging, and low-value consumables.
21st institutions of non-current assets, including long-term investments, construction, fixed assets, intangible assets, and so on.
Long-term investment refers to the institution lawfully obtained, held more than 1 year (free 1 year) nature of the various equity and debt investments.
Construction in progress refers to the institution has the necessary expenses incurred, but not yet completed delivery of a variety of building (including building, rebuilding, expansion, restoration, etc) and equipment installation works. Fixed assets are held by institutions using the term more than 1 year (free 1 year), unit value is above standard, and keeps the original form in the use of assets, including buildings and structures, equipment, General equipment, etc.
Unit value, but does not meet the required standard, but durable for more than 1 year (free 1 year) a large number of similar materials, shall be accounted for as fixed assets.
Intangible assets refer to institutions holding identifiable non-monetary assets without physical substance, including patents, trademarks, copyrights, land-use right and non-patent technology. 22nd institution's assets should be carried out in accordance with the actual costs of acquisition measurement.
Unless otherwise provided by the State, public institutions shall not adjust the book value.
Receivables and prepayments shall be based on the actual amount measure.
Assets acquired by payment of consideration, shall, in accordance with the asset when the amount of cash or cash equivalents, or according to the asset by paying the assessed value of non-monetary assets amount.
Made assets Shi no paid on price of, its measurement amount should according to about credentials indicate of amount plus related tax, and transport fee, determine; no related credentials of, its measurement amount mutatis mutandis similar or similar assets of market plus related tax, and transport fee, determine; no related credentials, and similar or similar assets of market also cannot reliable made of, by made of assets should according to name amount recorded.
Article 23rd institution of the fixed assets depreciation, amortization of intangible assets, the Ministry of Finance stated in the relevant financial and accounting system.
The fourth chapter liability
24th of liability is borne by the institution under article can be in monetary units, need to asset or service debts.
25th the liabilities of institutions in accordance with liquidity, are divided into current and non-current liabilities.
Current liabilities are expected within 1 year (1 year) to repay liabilities.
Refers to non-current liabilities current liabilities other than liabilities.
Article 26th institution's liabilities include short-term loans payable and accounts receivable, accounts payable, wages, dues, etc.
Refers to institutions borrowing short-term borrowing within a period of 1 year (1 year) of various loans.
Payable and accounts receivable refers to debts incurred in the institutions in conducting business activities, including notes payable, accounts payable, other payables and other payables and advances on accounts payable.
To the employees pay refers to the institution to meet the unpaid wages, subsidies and allowances, etc.
Dues means should be outstanding in all kinds of institutions, including funds should be turned over to the State Treasury or financial account, payable taxes, as well as other funds in accordance with the relevant provisions of the State should be turned over to.
27th institution non-current liabilities include long-term loans and long-term Payables.
Refers to institutions borrowing long-term borrowing for more than 1 year (free 1 year) loans.
Long-term Payables refers to the institution of the repayment period of more than 1 year (free 1 year) amount due, mainly refers to the institution of fixed assets financed by leasing rentals payable.
28th institution's liabilities shall be in accordance with the contract amount or measure the actual amount.
The fifth chapter net worth
29th net assets refers to the balance of assets after deducting all its liabilities.
Article 30th institutions of non-current assets net assets, including funds, funds, special funds and closing balances of financial assistance and non-financial assistance the closing balance.
Refers to institutions with non-qualified use of the net assets, its main sources for non-balance after deducting the balance allocation accumulated amount of financial assistance.
Refers to institutions of non-current assets non-current assets the amount used.
Refers to the institution of the Special Fund set aside or set of specialized assets.
Closing balance refers to the institution of financial assistance financial assistance income and related expenses remaining after offset accumulated, required to manage and use the carry-over funds and balances. Non-closing balance refers to the institution of financial assistance other than financial assistance payments of the income and expenses netting off balance.
Among them, non-closing refers to the institution of financial assistance other than financial assistance payments of the funds remaining after the income and related expenses offset accumulated, required use of carry-over funds non-balance refers to the institution of financial assistance other than financial assistance payments of the Special Fund for non-revenue and expenditures of each non-earmarked funds offset the balance.
31st career Fund, non-liquid assets Fund, Special Fund, financial grants to carry over balances, non-closing balance net of financial assistance projects should be included in the balance sheet.
The sixth chapter revenue
Article 32nd income refers to institutions doing business and other activities shall be made of non-reimbursable funds.
Article 33rd institutions include grant from the State, of income income from businesses or grant from the higher authority, subordinate units turned to revenues, operating income and other income, and so on.
Grant f refers to the institution of various types of financial funding from the financial sector, including the basic expenditure grants and project grants. Income refers to the institution to carry out specialized operations and ancillary revenue activities.
Of which: in accordance with the relevant provisions of the State funds should be turned over to the State Treasury or financial account, are not included in business income; allocated from financial institutions of money and not be handed over to the State Treasury or financial account of the approved funds, accounted for in the revenue.
Grant from the higher authority is a public institution from the authorities and the parent account's non-grant from the State.
Affiliates pay income refers to institutions affiliated independent accounting unit surrendered in accordance with the relevant provisions of the income.
Operating income refers to institutions in major business activities and supplementary activities carried out non-revenue accounting operations.
Other income refers to income, business income, financial assistance grant from the higher authority, subordinate units turned in revenue and operating income other than income includes investment income, interest income, donations, etc.
Article 34th institution money should be confirmed when the payment is received, and in accordance with the actually received amount to be measured.
Income of accrual recognized, it should be in the provision of services or the issuance of stock and shipped or obtained confirmed the credentials of the price, and based on the actual amounts received or relevant evidences indicated the amount of measurement.
The seventh chapter expenses or fees
35th expenditures or costs refer to institutions operating and capital costs and losses resulting from other activities.
36th institution's expenditures or costs, including expenditure, to grant to the auxiliary organization expenses, payment to the higher authority, operating expenses, and other expenses.
Major operational activities expenditure refers to the institution and its associated activities of basic expenditures and project expenditures.
Grant to the auxiliary organization expenditure refers to the institution other than using a grant from the State of income grant to the auxiliary organization of spending.
Payment to the higher authority is a public institution under the financial sector expenditure provisions and authorities turned over to the parent unit.
Operating expenses refer to institutions in major business activities and supplementary activities carried out non-independent expenditure incurred from operating activities.
Other expenditure refers to expenditure, the grant to the auxiliary organization expenses, payment to the higher authority, and operating expenses, and other expenses, including spending on interest payments, donations, etc.
37th non-accounting business activities in the institution should properly summarize operating expenses incurred cannot directly collect, shall, in accordance with the required standards or a reasonable proportion of assessed.
Institution's operating expenses and operating revenue shall be matched.
Article 38th expenditure in public institutions generally should be confirmed at the time of actual payment, and measure the actual amount paid.
Accrual recognized expenditures or expenses shall be confirmed, and measure the actual amount.
Eighth chapter financial report
39th is reflected in its financial statements a specific date of institution financial condition and the cause of a particular accounting period, budget implementation, accounting information, such as files.
40th institutions of financial and accounting reports including financial statements and other related information should be disclosed in the financial statements and information. 41st financial statements is on the financial situation, business results, budget implementation of the structural expression.
Financial statements Notes to the financial statements and its form.
Financial statements shall at least include the following elements:
(A) a balance sheet;
(B) the income and expense statement, or statement of income and expense;
(C) the financial assistance statement of revenues and expenditures.
42nd refers to the balance sheet reflects the institution in a particular statement of financial position date. The balance sheet shall be shown in accordance with the classification of assets, liabilities and net worth.
Assets and liabilities shall be respectively current assets and non-current assets, current liabilities and non-current liabilities are shown.
Article 43rd income and expense statement or statement of income and expense refers to reflect the institution in a particular fiscal period of the business results and the distribution of the report.
Statement of revenues and expenditures or costs shall be in accordance with income, expenditure or cost structure and distribution of non-financial aid balance and itemized.
44th financial assistance statement of revenues and expenditures is that reflects public institution in a given accounting period financial aid income, expenditure, closing and the balances of the report.
45th notes to the accounting statements listed in the item description or detailed information, and not itemized and listed in item description, and so on.
Note shall at least include the following:
(A) in accordance with accounting standards, accounting (accounting) statement;
(B) further explanations of important items listed in the financial statements, including its main components, changes, and so on;
(C) other matters will help you understand and analyze accounting statements should be noted.
Article 46th the financial report shall be registered according to complete, check the record books and other relevant information, digital true, accurate and complete, and submitted in time.
Nineth chapter by-laws
47th into a financial management system of enterprises and institutions implementing accounting standards for business enterprises or small business accounting standards.
48th civil service management institutions for the principles of the law applicable shall be determined separately by the Ministry. 49th article of the guidelines come into force on January 1, 2013. May 28, 1997 the Ministry of Finance issued by the accounting standards (for trial implementation) (FB 286) repealed simultaneously.