Report on professional analysis of chairmen of the board in 2014 A shares listed companies
According to Chinese Accounting Vision, there are 189 chairmen in all listed companies who have a finance-related background, accounting for 7.51% among the total 2,516 chairmen of all listed companies.
Disclosure by shareholders of Xunlong Sci-Tech Company: Having assisted in its financial fraud 2 years ago
Liangmei of Zixing, the nineth-largest shareholder, pledged for retrial to Zhejiang Province High Court, "Inventory records of both parties on January 9, 2012 are fabricated for inspection of SFC and listings of Qiandaohu Company.”
State Council issued Opinions on Strengthening Auditing
Opinions is divided into seven parts: General requirements, Bringing auditing in promotion of national implementation of the major decisions and arrangements into full play, Strengthening supervisory function of auditing, Improving auditing mechanisms, Carrying out revision on problems found during auditing, Enhancing auditing skills, Strengthening functions of institutions and their leadership.
15% Reduction in levy on high-tech enterprise corporate income tax
In addition, education spending for employees of eligible enterprises in services of science and technology is permitted to be deducted when levying income tax if the spending does not exceed the 8% portion of total salaries of employees.