会计账目调节指导资料Guideline on ReconciliationVIP专享

Accounting ServicesGuideline on Reconciliation1. Objective.............................................................32. General Requirement..........................................33. Specific Requirement..........................................44. Appendix...........................................................111. Objective The purpose of this document is: To meet the requirement of Sarbanes – Oxley Act and enhance internal control on financial reporting; To provide specific guidance on how to prepare reconciliations which are designed to prevent and detect misstatement of financial reporting. All balance sheet accounts including USGAAP account, L account and T account should be properly reconciled; Each account should be assigned to a specific person who will be responsible for the reconciliation of this account; All reconciliation should be performed monthly unless otherwise stated; All reconciliations should be properly signed by the responsible person and his/her group leader/direct supervisor; The deadline for submitting reconciliation is U+10 every month. There may be some requirements not suitable for certain JVs as there will be slight difference in the usage of account number between different companies, please contact SLC AS in such cases. All asset accounts should be shown with debit balance and all liability accounts should be shown with credit balance.2. General Requirement3. Specific Requirement L account is only used to record the difference between USGAAP and PRC GAAP; T account is only used to record the difference between PRC GAAP and Tax Law & Regulation The relevant result of different modules of SAP should be reconciled with each other and there should be no difference shown. Genera...