Accounting Standards Compliance Audit

What Problem It Solves

Accounting reviews often fail in three practical ways: standards are found but hard to interpret, journal entries are disconnected from business scenarios, and post-hoc checks focus on form instead of substance. This skill targets accounting standards lookup and journal-entry compliance review, using original documents from the Ministry of Finance Accounting Standards Committee and State Taxation Administration as the main evidence base for revenue recognition, foreign currency translation, income tax, and export tax refund cases.

How It Works

• Standards lookup: retrieves clauses by standard number or keyword, and returns core clauses + business relevance analysis + source link notes.
• Standards interpretation: connects rules to specific scenarios, such as control transfer under Standard 14 and temporary differences under Standard 18.
• Journal-entry audit: checks existing entries against standards and interpretations, focusing on high-risk items such as warranty quality costs recorded in operating costs, trial-run sales recognized separately, and export refunds posted through Receivable for Export Tax Refund.

For trade enterprises, the skill treats export tax refunds as a return of input VAT rather than government grants or revenue. It distinguishes exempt-and-refund for trade companies from exempt-offset-refund for manufacturers, and checks filing deadlines, zero-rated export invoices, and the prohibition on issuing special VAT invoices.

Scope and Limits

Use it for standard lookup, entry review, and tax compliance triage. It is not a substitute for formal audit opinions or tax authority determinations. Where third-party interpretations are involved, verify them against the original Ministry of Finance and State Taxation Administration documents.