Some large Chinese companies report results in both Chinese accounting standards and the IASB's standards to facilitate the Easy financial assessment of the companies by the investors.

Question

Quizplus · Accepted Answer

Large Chinese companies often report their financial results using both Chinese accounting standards and the International Accounting Standards Board's (IASB) standards to make it easier for investors to assess and compare their financial health, especially for those investors who are more familiar with international standards.

Some Large Chinese Companies Report Results in Both Chinese Accounting