CSRC issues regulatory rules and application guidelines - Accounting category No. 5

Accounting Guidance No. 5 is not an interpretation or supplementary provision of accounting standards, but rather provides guidance on how accounting standards should be implemented in specific transactions in the capital market within the scope of the standards, aiming to promote the consistent and effective implementation of accounting standards in the capital market. Accounting Guidance No. 5 covers eight specific issues, including revenue, financial instruments, and long-term equity investments. Each specific guidance includes three parts: the background and specific accounting issues of the transaction, relevant provisions of accounting standards, and opinions or regulatory guidance on the application of accounting standards to specific issues.