Securities code: Caissa Tosun Development Co.Ltd(000796) securities abbreviation: Caissa Tosun Development Co.Ltd(000796) Announcement No.: 2022035 bond Code: 112532 bond abbreviation: 17 Caesar 03
Caissa Tosun Development Co.Ltd(000796)
Announcement on changes in accounting policies of the company
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Caissa Tosun Development Co.Ltd(000796) (hereinafter referred to as "the company") deliberated and adopted the proposal on the change of accounting policies of the company at the 42nd meeting of the ninth board of directors and the 18th meeting of the ninth board of supervisors held on April 29, 2022. The change of accounting policies does not need to be submitted to the shareholders' meeting for deliberation. The specific changes are as follows:
1、 Overview of changes in accounting policies
(I) reasons for changes in accounting policies
1. On November 2, 2021, the accounting department of the Ministry of Finance issued a question and answer on the implementation of the accounting standards for Business Enterprises No. 14 - revenue, It is pointed out that "generally, the transportation activities before the control of the enterprise's goods or services is transferred to the customer and in order to perform the customer's contract do not constitute a single performance obligation, and the relevant transportation costs should be regarded as the contract performance costs, amortized on the same basis as the recognition of the revenue of goods or services, and included in the current profit and loss. The contract performance costs should be carried forward and included in the" main business costs "or "Other business costs" and listed in the "operating costs" item of the income statement.
(II) date of change
According to the above implementation answers of relevant standards, the company will prepare the financial statements of 2021 and the subsequent financial statements in accordance with the requirements of the question and answer on the implementation of accounting standards for business enterprises issued by the accounting department of the Ministry of Finance on November 2, 2021.
2、 Content and impact of this accounting policy change
1. Specific content of change
The company has implemented the new revenue standard since January 1, 2020. According to the further requirements of the implementation of the revenue standard of the accounting department of the Ministry of finance, the company will list the transportation costs incurred in performing the customer sales contract in the "operating cost" item of the income statement since January 1, 2021, and prepare the financial statements of 2021 and subsequent periods as required.
2. Impact on the company
According to the "implementation question and answer", the company adjusts and calculates the relevant accounting subjects, and the affected items and amounts are listed as follows:
Sn name of affected reimbursement item affected amount
1. In 2020, the operating cost increased by 832254288 yuan
2. In 2020, the sales expense items decreased by 832254288 yuan
This change of accounting policy only affects the filling criteria of financial items, and does not affect the company's net assets, net profits and other financial indicators.
3、 Opinions of independent directors
The company has made corresponding changes to the company's accounting policies in accordance with the relevant provisions of the question and answer on the implementation of the fifth batch of accounting standards for business enterprises in 2021 issued by the Ministry of Finance in November 2021. This accounting policy complies with the relevant provisions of the Ministry of finance, is conducive to objectively and fairly reflect the company's financial situation and operating results, and is in line with the interests of the company and all shareholders.
4、 Opinions of the board of supervisors
This change of accounting policy is made in accordance with the requirements of relevant documents of the Ministry of finance, in line with the relevant provisions of the accounting standards for business enterprises and the requirements of the relevant provisions of Shenzhen Stock Exchange. This change will not have a significant impact on the company's financial statements and will not damage the interests of the company and minority shareholders.
5、 Filing documents
1. Resolution of the 42nd meeting of the 9th board of directors
2. Resolution of the 18th meeting of the 9th board of supervisors
3. Independent opinions of independent directors on matters related to the 42nd meeting of the ninth board of directors
It is hereby announced.
Caissa Tosun Development Co.Ltd(000796) board of directors April 30, 2022
