Overview - The company, Sichuan News Media (Group) Co., Ltd., has announced a change in accounting policy in accordance with the Ministry of Finance's new regulations, which will not significantly impact its financial status, operating results, or cash flow [1][3]. Group 1: Change in Accounting Policy - The change is due to the Ministry of Finance's clarification on the classification of current and non-current liabilities, disclosure of supplier financing arrangements, and accounting treatment of sale-and-leaseback transactions [1]. - The new accounting policy will be implemented starting January 1, 2024 [2]. - Prior to this change, the company followed the basic accounting standards and specific accounting guidelines issued by the Ministry of Finance [2]. Group 2: Impact of the Change - The new accounting policy is expected to objectively and fairly reflect the company's financial status and operating results, aligning with legal regulations and the company's actual situation [3]. - The change will not harm the interests of the company or its shareholders [3].
川网传媒: 关于会计政策变更的公告