"The Fourth Statement" Seminar

Outlook for Theory and Development

24 December 2016 | Shanghai

It was on October 27, 2016 at Analysys's Big Data Application Summit that Deloitte, together with Analysys introduced the concept of "The Fourth Statement—Enterprise Digital User Assets," and ever since then, the very definition and application of the concept has made a splash in the accounting and IT communities. Meanwhile, Deloitte has received many inquiries and business requests regarding "The Fourth Statement."

On Saturday, December 24, 2016, Deloitte, along with Shanghai National Accounting Institute and Analysys will jointly host a seminar on "The Fourth Statement."  During the event we would like to share the latest development of "The Fourth Statement" with our guests, i.e. academics, industry experts and business representatives. In the meantime, we wish to explore the possibly future and to discuss the routine business application of "The Fourth Statement" across all industries.

Conventionally we pay more attention to financial data vis-a-vis non-financial ones when evaluating a company. Entering a new era of the internet and mobile technology, a company's abilities to grow and expand are more influenced by non-financial factors, while conventional ways of evaluating fail to grasp. In light of this new situation, we here at Deloitte devote ourselves to find a new holistic approach to evaluate business based on our ongoing development in "The Fourth Statement." We will firstly take a look at the financial industry and hopefully, by conducting a thorough analysis of the underlying values of their service, clients and etc., we can innovate in corporate management and disclosures.

How to embody the structure, theme and value by integrating internal and external data? How to achieve corporate strategic goals or fulfill industrial visions by using data assets? We are looking forward to hearing your answers!

Event info

Date: 24th December 2016 (Saturday)

Time: 13:30-17:00

Sponsors: Deloitte China, Shanghai National Accounting Institute, Analysys

Venue: Shanghai National Accounting Institute (specific classroom will be informed by SMS)

Attendees: Academic authorities, Industry experts, Business representatives, etc.

Registration: Please click here to register. 






13:30 - 13:45

Opening speech


13:45 - 14:15

Keynote speech 1:

Introduction of the fourth statement /Jacky Zhu


14:15 - 14:45

Keynote speech 2:

Enterprise Information Disclosure and the Trend/ Qinye, Zhou


14:45 - 15:15

Keynote speech 3:

The Application of Digital User Asset Management in Business/ Zhi, Li


15:15 - 16:45

Sharing and Discussion

The Application and Promotion of the Fourth Statement /Alumnus and Business representatives


16:45 - 17:00

Inauguration of "The 4th Statement" R&D Workshop

Keynote Speakers

Zhu Lei
Deloitte China
Committee Member of Deloitte Data Analysis Institute
Member of Big Data Alliance (BDA) Standard Committee

Zhou Qinye
Shanghai Stock Exchange
Former Vice-General Manager
Member of the Accounting Standards Committee of the Ministry of Finance
Former Independent Director of several joint-stock commercial banks

Li Zhi
Analysys Vice-president
Director of the Think Tank

Special Guests

Hu Kang
Shanghai Electric

Chen Guanglei
Beijing Financial Street Investment Group
Chief Economist
Research Supervisor of Shanghai National Accounting Institute, Chinese Academy of Fiscal Sciences and Capital University of Economics and Business

Wang Tuanwei
Datong Coal Mine Group Finance
Chief Accountant
Management Accounting Consultant of the Ministry of Finance

Jin Yuan
Member of China Accounting Society Information Professional Committee
Research Supervisor of Shanghai National Accounting Institute, Shanghai University