Mainly depends on the accounting standards implemented.

Differences between accounting standards for small enterprises and accounting standards for business enterprises:

Different scopes

Accounting standards for small enterprises are generally applicable to enterprises with small economic scale established in China.

Accounting Standards for Business Enterprises, implemented within the scope of listed companies since October 1, 2117, and encouraged other enterprises to implement them.

The number of accounting subjects is different

Accounting standards for small enterprises have fewer accounting subjects than accounting standards for enterprises.

different accounting methods

the accounting method of accounting standards for small enterprises is simpler than that of accounting standards for business enterprises.

Financial reports are different

The accounting system for small enterprises only requires balance sheets and income statements, and the contents of the statements are relatively simple.

the financial statements of the accounting standards for business enterprises shall at least include balance sheet, income statement, cash flow statement, statement of changes in owners' equity (or shareholders' equity) and notes.