1. This account is the reserve for legal compensation for work errors extracted by accounting firms according to regulations.

2. When withdrawing the occupational risk fund, debit the subject of "business expenditure" and credit the subject; When making compensation according to law due to work mistakes, debit the subject and credit the subject of "bank deposit". If the proposed occupational risk fund is insufficient to make up for it, the difference shall be included in the current profit and loss.

3. The ending credit balance of this course is the balance of the extracted occupational risk fund.

Extended data:

Venture capital companies are very cautious and strict in the selection, decision-making and management of venture projects, and any even trivial mistakes may bring fatal blows to venture capital companies.

In foreign countries, generally speaking, there are about 1 0,000 venture projects that a venture capital company * * * applies to participate in every year, and about 1 0,50 of them have chosen and agreed to get a preliminary understanding, which generally only accounts for 1.5%. On the basis of preliminary understanding, about 24 ~ 25 people conducted in-depth talks and research, and less than 10 really agreed to participate in and sign the contract, that is, less than 0. 1% of all the applied projects.

During the execution of the contract, about 1 ~ 2 projects are found to be unsatisfactory in investment benefits and project development prospects every year, and they are decisively stopped. What really succeeds in the end is an excellent enterprise that is one in a thousand. This kind of successful enterprises, after two or three years of pioneering operation, quickly showed the momentum of efficient growth.

At this time, the venture capital company can take two methods to recover the investment:

One is to find a large advantageous enterprise group to buy at a suitable price and recover the investment from the stock transfer;

The other is to help companies go public in special securities markets (such as Nasdaq in the United States). When the company's shares appreciate 10 times or 20 times, sell their own shares and recover their investment.

Baidu encyclopedia-risk fund