Business Entity Accounting Act Article 11

（Accounting Events）Events that lead to changes in the assets, liabilities, equity, revenues, or expenses of a business are referred to as accounting events.Accounting events that involve rights and obligations with parties external to the business are classified as external accounting events. Conversely, accounting events that do not involve any parties other than the business are considered internal accounting events.Accounting events shall be recorded using the double-entry bookkeeping method.