Wang Bing, Executive Director and Vice President of CNBM, stated at the #China Enterprise Leaders Annual Conference# that compliance and risk control should become the fourth financial statement for internationalization. He pointed out that there are three important financial statements for enterprises: the balance sheet, the income statement, and the cash flow statement. Previously, only the income statement was valued, and now there is a greater focus on the cash flow statement, but the balance sheet should actually receive more attention. During the process of internationalization, compliance and risk control are particularly important but often overlooked or not valued enough. (Ruijian Economy)
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中国建材王兵:合规和风控应成为企业国际化的第四张报表
Wang Bing of CNBM: Compliance and risk control should become the fourth financial statement for enterprises going international.
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