Accounting〔2017〕22No.

Relevant ministries and commissions of the State Council、Relevant direct agencies，Provinces、Autonomous Region、Municipality、Finance Department (Bureau) of the Municipality with separate state planning，Finance Bureau of Xinjiang Production and Construction Corps，The Ministry of Finance in each province、Autonomous Region、Municipality、Office of Financial Ombudsman of Cities with separate state planning，Related centrally managed enterprises:

In order to adapt to the needs of the development m88 slot machine casinoof m88 online bettingsocialist market economy，Standardize the accounting treatment of income，Improving the quality of accounting information，According to "Accounting Standards for Business Enterprises——Basic Standards", our Ministry's Accounting Standards for Business Enterprises No.14No.——Income》revised，Issuing now。Let’s implement the code nowThe notice is as follows:

一、Enterprises listed both at home and abroad and enterprises listed overseas and adopting International Financial Reporting Standards or Accounting Standards for Business Enterprises to prepare financial statements，Since2018Year1month1; other domestic listed companies, from2020Year1month1Effective from date; unlisted enterprises that implement Accounting Standards for Business Enterprises，Since2021Year1month1Effective from today。At the same time，Allow enterprises to execute in advance。Enterprises that implement this Code，No longer execute my department2006Year2month15The Ministry of Finance issued the "Accounting Standards for Business Enterprises No. "1No.——Inventory〉etc.38Notice on Specific Standards》(Finance and Accounting〔2006〕311929_1194114No.——Income" and "Accounting Standards for Business Enterprises15No.——Construction Contract》, and our department in2006Year10month30The Ministry of Finance issued the "Accounting Standards for Business Enterprises" issued on the same day——Application Guidelines》Notice》(Accounting〔2006〕18) "Accounting Standards for Business Enterprises No.14No.——Income> Application Guide.

二、The parent company implements this Code、But the subsidiary has not yet implemented this Code，Parent company when preparing consolidated financial statements，The financial statements of subsidiaries should be adjusted in accordance with the provisions of this standard。The parent company has not yet implemented this Code、And the subsidiary has implemented this Code，Parent company when preparing consolidated financial statements，The financial statements of subsidiaries can be adjusted and consolidated in accordance with the accounting policies of the parent company，The financial statements prepared by subsidiaries in accordance with this standard may also be directly consolidated，The parent company directly consolidates the financial statements prepared by its subsidiaries in accordance with these standards，This m88 online sports bettingm88 online bettingfact should be disclosed in the consolidated financial statements，And separately disclose the accounting policies and other relevant information of the parent company and subsidiaries。

Enterprises’ long-term equity investments in joint ventures and associates are accounted for using the equity method，Process according to the above principles，Except where impracticable。

三、The company exchanges inventory for customers’ fixed assets、Intangible assets, etc.，Accounting treatment in accordance with the provisions of this standard; other non-monetary asset exchanges，In accordance with the Accounting Standards for Business Enterprises7No.——Non-monetary Asset Exchange".

If there are any problems during implementation, please feedback to our department in time.

Attachment: Accounting Standards for Business Enterprises14No.——Income