About China National Audit Office CNAO Reports
You can implement and use China National Audit Office CNAO reports:
- Financial Data Export for China
This allows you to export financial data by specific format required by China National Audit Office.
- Cash Flow Statement for China
This allows you to create cash flow statement by Hyperion Financial Reports and leverages the Local Use segment of the chart of accounts to help you collecting cash flow.
China National Audit Office issued the GB/T 24589.1-2010 (for enterprise) standard where information such as Shared Information data, General Ledger data, Payable and Receivable data, and Fixed Assets data must be reported by a required XML format. China state-owned enterprises must report the required data in a standard XML format to the China National Audit Office.
Report Cash Flow Statement by direct method according to China Accounting standard.