China Accrual Schedule

china-accrual-schedule

Purpose

Build A股应计项目时间表 — comprehensive accrual schedules for financial analysis and audit preparation.

Data Sources

Primary: iFind MCP (Tier-1 付费) / AkShare MCP (Tier-2 免费备选)

get_financials(ticker, "income")     → Revenue, expenses
get_financials(ticker, "balance")    → Working capital accounts

Secondary Sources

• 巨潮 — annual/quarterly reports
• 审计报告 — accrual methodology

Workflow

Step 1: Identify Accrual Items

Revenue accruals:

| Item | Description | Typical Items | |------|-------------|---------------| | 预收账款 (Deferred revenue) | Advance from customers | Prepayments, deposits | | 应收账款 (Accounts receivable) | Revenue recognized, not yet collected | Trade receivables | | 合同负债 (Contract liabilities) | New CAS term for prepayments | Contract-based | | 应收票据 (Notes receivable) | Commercial acceptance/bank bills | Bills from customers |

Expense accruals:

| Item | Description | Typical Items | |------|-------------|---------------| | 应付账款 (Accounts payable) | Expenses incurred, not yet paid | Trade payables | | 应付职工薪酬 (Accrued salaries) | Year-end bonus, unpaid wages | Bonus accruals | | 应付利息 (Accrued interest) | Interest on loans, bonds | Interest payable | | 预计负债 (Provisions) | Estimated obligations | Warranty, litigation | | 递延收益 (Deferred income) | Government grants | Subsidy income | | 预提费用 (Accrued expenses) | General accruals | Utilities, rent |

Other accruals:

| Item | Description | |------|-------------| | 应交税费 (Taxes payable) | Income tax, VAT, surcharges | | 应付股利 (Dividends payable) | Declared but unpaid | | 其他应付款 (Other payables) | Miscellaneous |

Step 2: Build Accrual Schedule

Monthly/quarterly accrual tracking:

| Accrual Item | Jan | Feb | ... | Q1 | Q2 | Q3 | Q4 | Full Year | |--------------|-----|-----|-----|----|----|----|----|-----------| | 应收账款增加 | | | | | | | | | | 预收账款增加 | | | | | | | | | | 应付账款增加 | | | | | | | | | | 应付职工薪酬 | | | | | | | | | | ... | | | | | | | | | | Net accruals | | | | | | | | |

Step 3: Analyze Accrual Quality

Accrual ratios:

| Ratio | Formula | Interpretation | |-------|---------|---------------| | 总应计率 | (ΔCA - ΔCash - ΔCL) / Average Assets | >0 = accrual-based earnings | | 应收账款/收入 | AR / Revenue | Rising = potential issues | | 应付账款/成本 | AP / COGS | Trend analysis | | 预收账款/收入 | Deferred rev / Revenue | Customer prepayments | | 经营现金流/净利润 | OCF / Net Income | > 收入增速 | Potential revenue inflation | | 应付账款突然减少 | Potential window dressing | | 预收账款大幅波动 | Revenue recognition timing | | 其他应付款异常 | Related party tunneling |

Step 4: CAS-Specific Accrual Items

China-specific accruals:

| Item | CAS Treatment | Notes | |------|--------------|-------| | 增值税 | Pass-through, not revenue | 不含税收入 | | 政府补助 | 递延收益 or 其他收益 | Timing impact | | 坏账准备 | 预期信用损失模型 | CAS 22 | | 存货跌价准备 | Lower of cost or NRV | CAS 1 | | 固定资产减值 | When indicators exist | CAS 8 | | 商誉减值 | Annual test (no reversal) | CAS 8 | | 辞退福利 | Employee termination | CAS 9 |

Step 5: Working Capital Accruals

Working capital accrual schedule:

| Item | Beginning | Additions | Usage | Reversal | Ending | |------|-----------|-----------|-------|----------|--------| | 坏账准备 | | | | | | | 存货跌价准备 | | | | | | | 固定资产减值 | | | | | | | 预计负债 (产品质量) | | | | | |

Step 6: Revenue Recognition Accruals

CAS 14 revenue recognition:

| Scenario | Recognition | Accrual Impact | |-----------|-------------|----------------| | 商品销售 (Goods) | 控制权转移时 | 通常为交付时 | | 提供服务 (Services) | 期间内逐步 | 劳务成本匹配 | | 建造合同 (Construction) | 产出法/投入法 | 长期合同 | | 特许经营 (Franchise) | 持续期间 | 品牌使用费 |

Revenue accrual items:

• 发出商品 (Goods in transit)
• 委托代销 (Consignment)
• 工程结算 (Construction settlement)
• 会员费/预付费 (Membership / prepaid)

Step 7: Period-End Accrual Review

Month-end / year-end accrual checklist:

| Area | Items to Review | |------|----------------| | Revenue | Unbilled revenue, returns, allowances | | Purchases | Uninvoiced goods/services | | Payroll | Bonus, overtime, social insurance | | Interest | Accrued but unpaid | | Taxes | Tax provisions | | Depreciation | Monthly depreciation | | Provisions | Legal, warranty, restructuring |

China-Specific Considerations

Common Accrual Patterns

| Industry | Typical Accruals | |----------|-----------------| | 制造业 | Raw material AP, bonus accruals | | 零售 | Lease accruals, loyalty programs | | 房地产 | 预收账款 (presale), construction accruals | | 建筑 | 工程结算 (progress billing) | | 软件 | Deferred revenue, support accruals | | 医药 | Rebates, returns provisions |

Audit Considerations (China)

| Area | Focus | |------|-------| | 大额应计 | Materiality threshold | | 关联方 | Related party payables | | 期限 | Aging of receivables | | 坏账 | Adequacy of allowance | | 政府补助 | Compliance with grant conditions |

Quality Checks

Before delivering:

• [ ] All significant accruals identified
• [ ] Schedule ties to financial statements
• [ ] Trends analyzed
• [ ] Quality flags addressed
• [ ] CAS compliance verified
• [ ] Audit implications noted

> Data Source Mode Switch: Set env var IFIND_DATA_SOURCE_MODE to control data source preference. > - ifind-only (strict): Use iFind only, error if unavailable > - ifind-fallback (default): iFind preferred, fallback to AkShare > - akshare-only: Skip iFind, use AkShare only

Source & license

This open-source skill is cataloged on AgentStack and links to its original source — we do not rehost the code.

• Author: eitazhou10
• Source: eitazhou10/opencode-for-financial-services-cn
• License: Apache-2.0

Install and usage instructions live in the source repository linked above.