Enterprise Accounting System definition

Enterprise Accounting System means the general Accounting System for Enterprises promulgated by the MOF on Feb. 15, 2006 to replace the Accounting System for Foreign Investment Enterprises promulgated on 24 June 1992, which was applicable to foreign investment enterprises as of 1 January 2002.
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Examples of Enterprise Accounting System in a sentence

  • The General Manager shall establish the accounting system and procedures for the Company in accordance with the Enterprise Accounting System and other relevant regulations.

  • No Borrower Party or Affiliate of such Borrower Party shall apply for, consent to, or aid, solicit, support, or otherwise act, cooperate or collude to cause the appointment of or taking possession by, a receiver, trustee or other custodian for all or a substantial part of the assets of such Borrower Party.

  • The parties agree, within five (5) days of the Purchase Commencement Date, to engage Pan-China Schinda Certified Public Accountants ("PSCPA") to conduct a special audit of the change in the purchased assets from the Cut-off Date to the audit base date pursuant to the enterprise accounting rules and Enterprise Accounting System, and determine the effects of such change on the Acquisition price in accordance with the report issued and based on which adjust the Acquisition Price.

  • Such Financial and Accounting System shall be in accordance with the Law of the PRC, including the PRC Enterprise Accounting System, the particular circumstances of the Company and, to the extent permitted by the Law of the PRC, those methods and principles that are consistent with the generally accepted accounting principles of the U.S. (“US GAAP”).