Understanding the Standards to Ensure Correctness of Accounting Data

The China National Audit Office (CNAO) and Standardization Administration of China jointly issued the standard Information Technology – Data Interface of Accounting Software to enable better data interchange between the enterprises in China and the government, and to ensure completeness and correctness of accounting data.

As per the standard, you need to export the financial information such as fiscal period end, year-end reports, journals, and transactions, into an XML, TXT or PDF file and send it to CNAO for an audit. In order to do this, you need to first set up the JD Edwards EnterpriseOne system for China.