Search results for keyword: liabilities
credit rating agency
Introduction
Credit ratings are assessments of the creditworthiness of a particular debt issuer or entity, intended to provide investors and other stakeholders with an indication of the debt issuer’s ability to meet its obligations. Credit ratings are assigned by independent credit rating agencie......
1023 
Sophia
BS certification
Financial Statements and Audit
The need for financial statements and audit is essential and essential to organizations, as it provides a more in-depth picture of the company’s financial health, performance, and success. Financial statements and audit provide a more objective picture of the compa......
"Guarantee Law of the People's Republic of China"
The Peoples Republic of Chinas Guarantee Law
The Peoples Republic of Chinas Guarantee Law (hereinafter referred to as the “Guarantee Law”) was adopted on August 31, 2001 by the 5th Session of the Standing Committee of the 10th National Peoples Congress and came into force on October 1 2001. The......
post-contractual obligations
Liability Agreement
This Liability Agreement entered into by and between [Party A] and [Party B], on [date] (hereinafter referred to as “Parties”)
Whereas, Party A and Party B have entered into a business transaction for the purchase and sale of certain goods, as per the terms outlined in the......
Bill defense cut-off system
Receipts Countering System
The Receipts Countering System is a system that is designed to help businesses minimize the risk of fraud and theft associated with the use of receipts. The system works by using an automated process to track the receipt of goods and services, as well as any payment mad......
institutional tax avoidance
Tax Avoidance System
Tax avoidance is a way of minimizing tax liabilities by optimizing the legal use of tax laws to reduce income. It is not advisable to break the law or undertake illegal activities. A tax avoidance system exists as a strategy, whereby individuals, companies and organizations l......
Legal representative
1. Definition of Agency
The legal concept of agency is a type of legal relationship between two parties, the principal and the agent. In general terms, the agent agrees to act on the principal’s behalf, doing whatever the principal wants him or her to do. An agency relationship is often establis......
"Public Welfare Donation Law of the People's Republic of China"
THE PEOPLES REPUBLIC OF CHINA PUBLIC DONATION LAW
This law is established in order to ensure all public donations to be used properly and efficiently, to encourage people engaging in public welfare, to promote the prosperity and development of public welfare undertakings, and to promote the socia......
"Prohibition of Pyramid Marketing Regulations"
Ban on Pyramid Selling Act
1. Background
Pyramid selling is a multi-level marketing activity which involves a business charging participants excessive membership fees, before being asked to recruit additional participants who must pay the same fees for their own membership. Pyramid selling has b......
"Enterprise Financial Accounting Report Regulations"
Accounting Standards for Financial Reporting for Enterprises
Accounting standards for financial reporting for enterprises are public documents and contain universally accepted principles that are used by professional accountants to create financial statements for the purpose of providing useful i......
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