a) All accounts should be set up according to the Accounting Law of the People’s Republic ofChina.
b) Accounts should reflect all economic activities of the company and at the same time can provide all accounting information required by the management.
c) The setup of accounts should take the internal control into account and can facilitate the operation of business and management of assets and information.
d) According to different functions of accounting ledgers, accounts setup should be able to maintain the validity, accuracy and integrity of accounting records.
