Introduction of accounting work norms of insurance companies
In order to strengthen the management of the accounting work of insurance companies and standardize the financial behavior of insurance companies, the Accounting Work Standard of Insurance Companies is formulated according to the Insurance Law of People's Republic of China (PRC) and the Accounting Law of People's Republic of China (PRC). The code was issued by China Insurance Regulatory Commission on 20 12, 12, 12. The Standards are divided into general principles, institutions and personnel, accounting and financial reporting, fund management, asset management, liability management, budget management, accounting supervision, financial information systems, and hiring accounting firms to conduct annual audits. Chapter 105, implemented since July 12. Notice on Issues Concerning the Entrusting of Accounting Firms by Insurance Companies (No.[235] 1999 of China Insurance Regulatory Commission) is abolished.