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Long-Term Investments (Tables)

12 Months Ended

Jun. 30, 2021

Debt Disclosure [Abstract]

Schedule of equity securities without readily determinable fair values

		As of June 30,
		2021				2020
Equity investments without readily determinable fair values
CLPS Lihong Financial Information Services Co., Ltd. (“CLPS Lihong”)			558,509				510,405
Guangdong Zhichuang Software Technology Co., Ltd. (“Guangdong Zhichuang”)			92,928				-
Shenzhen Huaqin Robotics Co., Ltd. (“Huaqin Robotics”)			154,880				-
Total equity investments without readily determinable fair values			806,317				510,405
Equity method investments
Economic Modeling Information Technology Co., Ltd. (“EMIT”)			134,750				169,726
Shanghai Shier Information Technology Co., Ltd. (“Shier”)			73,717				-
Total equity method investments			208,467				169,726
Total		$	1,014,784			$	680,131

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- References

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- Definition

The entire disclosure for investments in certain debt and equity securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 320
-URI http://asc.fasb.org/subtopic&trid=2209399

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 946
-SubTopic 320
-URI http://asc.fasb.org/subtopic&trid=2324412

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-URI http://asc.fasb.org/topic&trid=2196928

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 940
-SubTopic 320
-URI http://asc.fasb.org/subtopic&trid=2176304

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher SEC
-Name Regulation S-K (SK)
-Number 229
-Section 1403
-Paragraph (b)

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