New Issue of China Briefing: Internal Control and Audit
Mar. 1 – The new issue of China Briefing Magazine, titled Internal Control and Audit, is out now and immediately available as a complimentary PDF download on the Asia Briefing Bookstore.
As more companies prioritize China operations as part of their future growth strategy, less than effective internal control systems in China are no longer an option. For those small and mid-sized enterprises (SMEs) that dismiss internal control systems reviews and audits as a burden of the giants, specialists warn that this is not the case.
As such, this issue of China Briefing is devoted to understanding effective internal control systems in the Chinese context and the role of audits in detecting and preventing fraud.
In this issue:
- Internal Control and Audit in the Chinese Business Context
- China’s Internal Control and Audit Regulatory Framework
- Operational Audits: Lessons for Internal Control
- Internal Control for Fraud Prevention: A Checklist
Internal Control and Audit is out now and immediately available as a complimentary PDF download on the Asia Briefing Bookstore.
Dezan Shira & Associates is a boutique professional services firm providing foreign direct investment business advisory, tax, accounting, payroll and due diligence services for multinational clients in China, Hong Kong, India, Singapore and Vietnam. For further information on steps to take regarding internal control and audits in China, please email email@example.com, visit our web site at www.dezshira.com, or download our brochure here.
Doing Business in China
Our 156-page definitive guide to the fastest growing economy in the world, providing a thorough and in-depth analysis of China, its history, key demographics and overviews of the major cities, provinces and autonomous regions highlighting business opportunities and infrastructure in place in each region. A comprehensive guide to investing in the country is also included with information on FDI trends, business establishment procedures, economic zone information, and labor and tax considerations.
The China Tax Guide (Fifth Edition)
This popular book, fully updated with all recent tax changes and amendments, details all taxes in China affecting businesses and individuals, how to calculate the amounts due, tax registration and filing procedures, tax minimization techniques, and claiming VAT rebates. It also details good financial management techniques, handling negotiations with the tax bureau and annual audit and compliance procedures.
Annual Compliance for FIEs
Prior to distributing and repatriating profits, foreign-invested enterprises must complete annual compliance, involving an audit, tax filing and inspection. These procedures are not only required by law, but are a good opportunity to conduct an internal financial health check. Also in this issue, we take a look at individual tax filing procedures for expatriates living and working in China.
The Foreign Corrupt Practices Act and its Impact on China Subsidiaries
This issue of China Briefing Magazine is dedicated to helping companies understand the Foreign Corrupt Practices Act and establish controls to prevent (and, if necessary) resolve FCPA noncompliance.
- Previous Article Following Shanghai, Beijing to Roll out VAT Reform in July
- Next Article China’s Tax Avoidance Crackdown Targets MNCs