Cartoon & Animation Festival (
CICAF) in Hangzhou, Jin Delong, an official at the State Administration of Radio, Film and Television (SARFT), said the value of China's animation industry hit an estimated 60 billion yuan ($9.5 billion) in 2011, up nearly 28% from the previous year; the country exported some 200,000 minutes of animation.
Consequently, government reporting envisions a multidimensional accountability report comprised of a financial report, other information about a government's financial condition, supplementary financial performance information and non-financial information (CICAf) (8).
(8.) Canadian Institute of Chartered Accountants Public Sector Accounting Handbook (CICAf), Section PSI000A0, Financial Statements Concepts