1993.07.01
MINISTRY OF FINANCE
THE GENERAL RULES GOVERNING ENTERPRISE FINANCIAL AFFAIRS
(Approved by the State Council on November 16, 1992 and promulgated by
Decree No. 4 of the Ministry of Finance on November 30, 1992)
CONTENTS
CHAPTER I GENERAL PROVISIONS
CHAPTER II FUND RAISING
CHAPTER III THE CURRENT ASSETS
CHAPTER IV THE FIXED ASSETS
CHAPTER V INTANGIBLE ASSETS, DEFERRED ASSETS AND OTHER ASSETS
CHAPTER VI EXTERNAL INVESTMENT
CHAPTER VII COST AND EXPENSES
CHAPTER VIII OPERATING REVENUES, PROFITS AND THEIR DISTRIBUTION
CHAPTER IX FOREIGN CURRENCY TRANSACTIONS
CHAPTER X ENTERPRISE LIQUIDATION
CHAPTER XI FINANCIAL REPORTS AND FINANCIAL ASSESSMENT
CHAPTER XII SUPPLEMENTARY PROVISIONS
CHAPTER I GENERAL PROVISIONS
Article 1 These General Rules are formulated in order to normalize the
financial behaviours of the enterprises, facilitate fair competition
among enterprises and strengthen their financial management and economic
calculation so as to meet the needs of the development of socialist
market economy in our country.
Article 2 These General Rules shall be the principles and norms that
must be observed by various enterprises established within the territory
of the People's Republic of China in conducting financial activities.
Article 3 An enterprise shall, within 30 days after completing business
registration or its modification, submit to the competent finance
department the duplicated copy of such documents or their modification
as the approval certificate for the establishment of the enterprise, the
business license and articles of association, etc.
Article 4 The fundamental principles guiding the enterprise's financial
management shall be to establish and improve the enterprise's internal
financial management system, effectively accomplish the basic work of
financial management, truthfully reflect the enterprise's financial
position, calculate and turn over tax to the State according to the
laws, and ensure the investors' rights and interests from infringement.
Article 5 The basic tasks and methods of the enterprise's financial
management shall be to effectively accomplish the work relating to the
plan, control, calculation, analysis and examination of the revenue and
expenditure, reasonably raise fund according to the laws, effectively
utilize the enterprise's assets and actively improve economic
efficiency.
CHAPTER II FUND RAISING
Article 6 A statutory capital shall be required for the establishment of
an enterprise.
The capital refers to the fund registered by an enterprise with the
administrative department for industry and commerce.
In terms of the investors, the capital may be classified as the State [1] [2] [3] [4] 下一页
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