The “Accounting Supervision Report for Listed Companies' 2025 Annual Financial Report” recently issued by the Securities Regulatory Commission set R&D expenditure as a separate supervision project for the first time, uncovered various biases in accounting processing by some enterprises, and squeezed moisture out of listed companies' innovative ledgers. The Economic Daily published a review article pointing out that true innovation depends on repeated verification in the laboratory over a thousand times, and continuous refinement day after day on the road to industrialization, rather than playing a flickering digital game on reports. Listed companies should set an example for scientific and technological innovation and a benchmark for compliant management. First, they must start by calculating innovation accounts.
Zhitongcaijing · 1d ago
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The “Accounting Supervision Report for Listed Companies' 2025 Annual Financial Report” recently issued by the Securities Regulatory Commission set R&D expenditure as a separate supervision project for the first time, uncovered various biases in accounting processing by some enterprises, and squeezed moisture out of listed companies' innovative ledgers. The Economic Daily published a review article pointing out that true innovation depends on repeated verification in the laboratory over a thousand times, and continuous refinement day after day on the road to industrialization, rather than playing a flickering digital game on reports. Listed companies should set an example for scientific and technological innovation and a benchmark for compliant management. First, they must start by calculating innovation accounts.
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