The basic requirements for the presentation of financial statements are as follows:
1. The financial statements are prepared according to the results of recognition and measurement of various accounting standards. Only when all the provisions of the Accounting Standards for Business Enterprises are followed, the financial statements should be called "following the Accounting Standards for Business Enterprises";
2. Basis of presentation. Going concern is the basic premise of accounting and the basis for accounting recognition, measurement and preparation of financial statements;
3. Accrual basis. Except that the cash flow statement is prepared on the cash basis, the enterprise shall prepare other financial statements on the accrual basis;
4. Consistency of presentation. The presentation of financial statement items shall be consistent in each accounting period and shall not be changed at will;
5. The items are presented separately or in summary according to the importance principle. If an item is not considered as important individually, it can be summarized with other items;
6. Offset between amounts of financial statement items. Items in the financial statements shall be presented in total amount, and the amount of assets and liabilities, revenues and expenses, gains and losses directly included in the profits of the current period shall not offset each other;
7. Presentation of comparative information. When presenting the financial statements of the current period, an enterprise shall at least provide the comparative data of all the items presented in the last comparable accounting period, as well as the explanations related to the understanding of the financial statements of the current period;
8. Presentation requirements at the head of the financial statements. An enterprise shall distinguish the financial report prepared in accordance with the Accounting Standards for Business Enterprises from other information in the same document published together;
9. Reporting period. An enterprise shall prepare financial statements at least annually.