On November 28, the Financial Accounting Professional Committee of the China Banking Association (hereinafter referred to as the "Financial Committee") organized a seminar on hot issues in banking accounting and the Third Standing Committee of the Second Financial Accounting Professional Committee. Sun Zhi, deputy director of the Accounting Department of the Ministry of Finance, Zhu Lin, director of the Finance and Accounting Department of the China Banking and Insurance Regulatory Commission, Guo Jing, director of the Director of the China Banking and Insurance Regulatory Commission, and Yang Qing, first deputy secretary-general of the Bank of China Association, attended the meeting. Representatives from 36 banks including the director unit, deputy director unit and standing committee unit attended the meeting online and offline. Ai Yaping, Financial Director of the Bank of China Association, Director of the Office of the Finance Committee, and Advisory Committee of the Ministry of Finance Enterprise Accounting Standards Advisory Committee, presided over the meeting.
Deputy Director of the Finance and Accounting Department of China Banking and Insurance Regulatory Commission Guo Jing made a summary speech
First Deputy Secretary-General of the China Banking Association Yang Qing delivered a speech
First Deputy Secretary-General of Yang Qing said in his speech that in the face of the century-old epidemic and the changes in a century, the world economic situation is still complex and severe, the foundation for my country's economic recovery is not solid, and all kinds of derivative risks caused by the impact of the epidemic cannot be ignored. The banking industry should prepare for the future, respond to various difficulties and challenges forward, and steadily traverse is still the way to maintain integrity in the development of banking institutions. At the same time, the high-quality development of the banking industry cannot be separated from the basic support of accounting work. Faced with the major changes brought by new technologies and the continuous emergence of financial innovation, bank accounting work must adhere to the bottom line of risks, cultivate professional internal skills, take the initiative to adapt to the social economy and bank development trends in the new era and new situation, and comprehensively improve the refinement, professionalization and intelligence of bank accounting management. Deputy Secretary-General Yang affirmed the positive achievements made by the Finance Committee in various work in the past year. He hoped that the Finance Committee would actively plan and plan in the new year, continue to strengthen communication and communication and policy coordination, actively explore and study the best practices of the integration of financial technology and accounting, and use various methods such as project research, professional training, policy interpretation and discussion to create a professional exchange platform for jointly discussing transformation, discussing development, sharing resources, and creating value together.
0 Financial Director of China Banking Association, Director of the Office of the Finance Committee, and Advisory Committee of the Ministry of Finance Enterprise Accounting Standards Ai Yaping presided over the meeting
Deputy General Manager of the Finance and Accounting Department of Industrial and Commercial Bank of China Xu Zhisheng, Deputy General Manager of the Finance Committee for 2020
Deputy General Manager of the Finance and Accounting Department of Industrial and Commercial Bank of China Xu Zhisheng, deputy general manager of the Finance and Accounting Department of Industrial and Commercial Bank of China, reported on behalf of the director unit the completion of the Finance Committee's work in 2020 from nine aspects. Cheng Jun, deputy general manager of the Finance and Accounting Department of the China Development Bank, reported on behalf of the deputy director's unit to the Finance Committee's work plan for 2021. During the exchange and discussion of hot issues, the meeting invited Dong Guoyun, Chairman of Huazheng Taxation Firm, to share his views on the tax impact of new financial instrument accounting standards and tax differences in the financial industry; invited Zhou Bin, deputy director of the Preparatory Group of the Digital Currency Operation Institution of Industrial and Commercial Bank of China and Wang Xiayan, deputy leader of the Panda Project Working Group of China Construction Bank, to introduce and share the historical evolution and development status of the digital RMB, business advantages and current pilot situation of the digital RMB. Representatives of each Standing Committee and unit discussed the hot and difficult financial and accounting issues such as debt restructuring, country-specific risk reserve provisions, accounting information management, group integrated accounting system, fair value measurement, data governance, and other related policy suggestions, based on the actual work. Director Zhu Lin of the Accounting Department of the Ministry of Finance answered and responded to the common questions raised during the seminar. The Finance Committee will further sort out the focus of the discussion in the future, carefully summarize, and organize research on projects, seminars and industry training in a planned and targeted manner.
Deputy Director Guo Jing first affirmed the work achievements of the Finance Committee in the past year and put forward two hopes. First, he hoped that the Finance Committee would continue to play the role of assistant to the regulatory department. Maintain the correct political direction, carry out work with the implementation of the key work of the Party Committee of the China Banking and Insurance Regulatory Commission as the center, play a good role in bridges and links, and better connect regulatory departments and member units. Second, we hope that the industry and regulatory departments will work together to conduct research on hot issues in the implementation of accounting standards, put forward reasonable suggestions, promote the solution of common problems, better improve the quality of accounting information, and provide strong data support for prudent supervision.
Deputy Director Sun Zhi fully affirmed the work done by the Finance Committee to play the platform functions, reflect the industry's voices, and tell good industry stories. In particular, the Committee has done a lot of work in promoting the standardization of bank confirmation letters, and has made breakthrough progress in the construction of bank confirmation letters electronicization; using research results, providing actual situation in the industry, and assisting the policy formulation department in postponing the implementation of new financial instrument standards for non-listed banks; through research methods, it provides a strong reference for the formulation of relevant policies. In the next step, Director Sun hopes that the Accounting Department of the Ministry of Finance, together with the China Banking and Insurance Regulatory Commission, the Banking Association and the banking financial institutions will carry out analysis and policy research on the implementation of accounting standards for new financial instruments, application of expected loss models, and accounting accounting of asset management products under the model of joint research, consultation and construction, and promote the high-quality implementation of various accounting policies.
Deputy General Manager of the Finance and Accounting Department of the National Development Bank Cheng Junzuo Finance Committee 2021 Work Plan
Banking and Insurance Regulatory Commission Director Si Zhenqiang participated in the discussion
Meeting site
