中国财政部公布地方政府专项债券相关业务会计处理新规

Core Viewpoint - The Ministry of Finance of China has issued new regulations for the accounting treatment of local government special bonds, aimed at enhancing the management of special bonds throughout their lifecycle [1][2]. Group 1: Regulations Overview - The new regulations, titled "Interim Provisions on the Accounting Treatment of Local Government Special Bonds," consist of five parts, detailing the accounting treatment for both administrative and enterprise project units [1]. - The regulations provide detailed guidelines for the accounting and information aggregation related to special bonds, which will help project units use special bond funds in a standardized manner and manage financial risks effectively [1][2]. Group 2: Accounting Treatment - The regulations specify that project units must determine their obligation to repay principal and interest based on the project implementation plan or financing balance plan. If the plan stipulates that the project unit is responsible for repayment, it must recognize the liability; otherwise, it should not [1]. - The regulations require all project units, whether administrative or enterprise, to report on special bond projects using specific forms that reflect the asset construction status, funding sources and usage, and repayment status of special bonds [2]. Group 3: Information Aggregation - The lack of a comprehensive information reporting and aggregation system has made it difficult to form a complete picture of special bond project funds and assets. The new regulations aim to address this issue by mandating project units to compile and report relevant information [2]. - By aggregating information on special bond projects, the regulations will provide important data for macro management and decision-making at both regional and national levels [2].