Chinese Accounting Standards (CAS).
The MOF has been working to develop a body of Chinese Accounting
Standards that are broadly in line with International Accounting Standards (IAS). The MOF issued its first Standard in 1997. To date, 16 standards have been adopted and others are under active development. Deloitte Touche Tohmatsu has served as the advisor to the MOF in its project to develop CAS. A complete list of CAS is set out in the able on the next page. The table identifies the category of enterprises to which each Standard applies.