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China : China Petrochemical deploy finance budget work.

November 7, 2016 China Petrochemical financial accounts cum video 2017 financial budget arrangement will be held at the headquarters. The meeting commended the 2015 annual financial statements advanced units and individuals, the Group Chief Accountant Liu Yun attend and give the overall deployment.

The meeting of the first 10 months of production operation, summed up the work carried out this year's financial situation, asked all units to keep a close eye full-year profit target, strictly implement measures to reduce costs and expenses. Continue to strengthen arrangements for the implementation of two months after the budget, optimize production and management arrangements, efforts to increase the total amount of business, strict implementation of the budget costs, cost savings have to be consolidated does not rebound, to prevent the end of hasty spending. Significant accounting matters in particular impairment provision, must be reported to the company filing for approval.

2016 financial statements of good work, Liu Yun requirements: to strengthen organization and leadership, corporate chief accountant, Director of Finance to assume responsibility for the organization and leadership; to ensure the quality of work accounts, not because the problem affects the entire individual enterprises Group quality report, several listed companies disclose to do the preparatory work; Final report submitted on time, to rely on the information means, the overall situation, the timely completion of final accounts preparation and reporting work; to ensure reliable accounting information is true and correct understanding of "insurance benefit" and true accounting relationship to ensure the quality of financial information.

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Publication:Mena Report
Geographic Code:9CHIN
Date:Nov 10, 2016
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