Decision of the Standing Committee of the National People's Congress on Amending the Accounting Law of the People's Republic of China
Decision of the Standing Committee of the National People's Congress on Amending the Accounting Law of the People's Republic of China
Decision of the Standing Committee of the National People's Congress on Amending the Accounting Law of the People's Republic of China
Order of the President of the People's Republic of China No.17
December 29, 1993
Adopted at the 5th Standing Committee of the Eighth National People's Congress on December 29, 1993, the Decision of the Standing Committee of the National People's Congress on Amending the Accounting Law of the People's Republic of China is hereby promulgated and implemented as of the date of promulgation
Jiang Zemin, President of the People's Republic of China
Decision of the Standing Committee of the National People's Congress on Amending the Accounting Law of the People's Republic of China
(Adopted at the 5th Standing Committee of the Eighth National People's Congress on December 29, 1993)
The bill of the Amendments to the Accounting Law of the People's Republic of China drafted by the State Council has been deliberated at the 5th Standing Committee of the Eighth National People's Congress, and it is decided to make the following amendments to the Accounting Law of the People's Republic of China:
I. Article 1 is revised to read: "This law is formulated in order to standardize and improve accounting work, ensure that accountants will function in accordance with law, and bring into play the role of accounting in safeguarding the order of the socialist market economy, strengthening economic administration and improving economic efficiency."
II. Article 2 is revised to read: "State bodies, public organizations, enterprises, institutions, self-employed industrialists and businessmen and other organizations shall execute their accounting matters in accordance with this law."
III. Paragraph 1 of Article 4 is revised to read: "The leader of a unit shall supervise the accountant departments, accountants and other personnel in implementing this law; make sure that accounting data are lawful, truthful, accurate and complete; and ensure that the functions and powers of accountants are not infringed upon.
......
Order of the President of the People's Republic of China No.17
December 29, 1993
Adopted at the 5th Standing Committee of the Eighth National People's Congress on December 29, 1993, the Decision of the Standing Committee of the National People's Congress on Amending the Accounting Law of the People's Republic of China is hereby promulgated and implemented as of the date of promulgation
Jiang Zemin, President of the People's Republic of China
Decision of the Standing Committee of the National People's Congress on Amending the Accounting Law of the People's Republic of China
(Adopted at the 5th Standing Committee of the Eighth National People's Congress on December 29, 1993)
The bill of the Amendments to the Accounting Law of the People's Republic of China drafted by the State Council has been deliberated at the 5th Standing Committee of the Eighth National People's Congress, and it is decided to make the following amendments to the Accounting Law of the People's Republic of China:
I. Article 1 is revised to read: "This law is formulated in order to standardize and improve accounting work, ensure that accountants will function in accordance with law, and bring into play the role of accounting in safeguarding the order of the socialist market economy, strengthening economic administration and improving economic efficiency."
II. Article 2 is revised to read: "State bodies, public organizations, enterprises, institutions, self-employed industrialists and businessmen and other organizations shall execute their accounting matters in accordance with this law."
III. Paragraph 1 of Article 4 is revised to read: "The leader of a unit shall supervise the accountant departments, accountants and other personnel in implementing this law; make sure that accounting data are lawful, truthful, accurate and complete; and ensure that the functions and powers of accountants are not infringed upon.
......