The reporter learned that according to the newly revised “Corporate Accounting Standard No. 30 - Financial Statement Reporting”, the standard restructures current profit and loss of the profit statement into five categories: operation, investment, financing, income tax expenses, and termination of operations, putting forward higher regulatory requirements for financial information disclosure. In this context, the China Securities Association is conducting research on brokers' financial statements. The core is to continuously improve the quality of brokers' financial information disclosure. According to our understanding, the business model of the securities industry is unique, and there are many difficulties in adapting to the implementation of the new standards. If there are no practical guidelines suitable for the industry scenario, problems such as differences in peer judgment, reduced comparability of reports, and a surge in accounting adjustment workload can occur. The core effect of this survey is to resolve the risk of confusion and cost surges in advance. There are many details in this survey, covering multiple dimensions such as core business judgments, total/net reporting standards, classification of net financing liabilities, exchange gains and losses and tax splits, disclosure of management performance indicators, information system transformation, regulatory reporting, and regulatory claims. At present, brokerage firms are continuing to push ahead with the adjustment of corporate financial reporting standards.

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