Year-end cumulative adjustment fund = adjustment fund carried forward from the previous year+other income-interest payable this year.
Adjustment fund is an inseparable part of rural social endowment insurance fund, which is mainly used to adjust the losses of debt funds and make up for the shortage of management fees. Moreover, the adjustment index can also reflect the income of the fund and provide a basis for leaders to analyze and study problems.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.
With the disclosure of Public Offering of Fund's financial report in the fourth quarter of 2022, the allocation direction of public offering assets surfaced, givi