On setting up a supervision system with Chinese characteristics, accounting

And the evolution of the meaning of the accounting oversight we all know, the basic functions of accounting can be attributed to accounting and accounting supervision. The primary function of accounting is to provide economic information for property owners and operators as the basis for economic decision-making. Thus, accounting information accounting staff performing accounting functions that the information provided is business management an integral part of economic information. accounting oversight to prevent false financial information to ensure that management decisions and investment decisions required to correct information.

With the development of market economy, expansion of business scale, the contents of the accounting regulatory requirements also increased, from the balance sheet to the profit and loss development, identification of certified public accountants review the contents of the development of the balance sheet to balance sheet and profit and loss table, referred to financial reports. With the establishment of accounting standards, review the evaluation of the target by the authenticity, validity extended to the fair, so that increasing the content of accounting regulation, the scope also expanded. With the development of modern market economy, market competition, regulation of false financial information, has become an important aspect of accounting supervision. It gradually formed virtually by the internal audit, external social audits, the Government's financial sector and the national securities regulatory organization composed of accounting regulatory system.

The current weakening of the root causes of the accounting oversight
Location of accounting staff
Responsible for the accounting treatment of various economic relations and interests of the mission, Gang of this, accounting information is often the focus of various interests, fabricating false accounting information has become some units in the individual to seek improper interests, resulting in distortion of accounting information The distortion of information seriously damaged the interests of the public, interferes with the national macro-control and the market economic order.

State-owned enterprise system in the present arrangement, the state-owned operator holds the right business management, accounting information systems as a business management system, a subsystem to run in the towel business management system, responsible for the accounting manager level staff in the South employment, and its power is given by managers, accounting personnel and the organization system of the power of managers at different levels of administrative authority in the supervision of the managers do not have the power that is a power on the institutional arrangements, financial deposits work, the director of state-owned enterprises to implement the responsibility system, which from the system to prevent false accounting personnel do not have the data right into the accounting information system.

On the other hand, the accounting personnel and other employees, is the ultimate owner of state assets, in theory, should have the power monitoring managers, but the existing institutional arrangements but also had to give up its oversight, such as the accountants kept the practical interests of business managers master the south, on the supervision of non-compliance managers may lose their existing interests accounting personnel, such monitoring even if successful, the accounting staff can not get much practical interest, and when unsuccessful, it may loss of existing benefits. accountant as a rational person, it will also measure the effectiveness of the results of their actions and risk, and accounting personnel as a group, there are also free-rider phenomenon.

Limitations of internal control
Currently, most enterprises ineffective internal audit organization, can play on the work of corporate accounting oversight role of the economic activities of the few, the general set up internal audit units of institutions and personnel are appointed by the department heads, their affiliation, economic interests are subject to Unit leaders constraints, which naturally constitutes the supervision of internal audit staff constraints, they could insist on the principle of safeguarding national interests of the enterprise legal person business or even the economic behavior of effective monitoring should be designated a question mark. easy to see that this species management system and supervision model for the foot of a weakening of the accounting oversight.

There is a layer of internal control within the containment means that the accounting system, internal containment system is not perfect, is lost on the supervisory role of accounting often results in all sectors of business, management of confusion between the various positions, work and corruption does not converge fraud problem.

Countries, social supervision is not perfect
China's economy in the long-term plan formed under state supervision, such as financial supervision, audit and supervision, it should be said to play a very important role. However, since they are often not enough emphasis on the importance of national interests and enterprises and institutions of their own characteristics and needs inspection and supervision in the implementation of accounting, they will be disharmony phenomenon, such as enterprises, institutions and other financial revenue and expenditure over ten pre, a phenomenon not conducive to the development of a market economy. In addition, some Law enforcement officers is not high quality, rule of Law a sense of the human factor too heavy, too subjective and arbitrary, even a small number of Law enforcement officers from selfishness, once the profit, they give up their principles, "can also become a big problem of small problems", "No problem can also become problem. "
There are some random "Spot" to make things difficult for the enterprise, and even add sin to you, these phenomena are actually weakening around the performance of oversight functions at home.

Although the cause of CPA developed rapidly in recent years, however, there are many problems, most of my accounting firm with almost all of the interests of the drive which led to poor supervision, accounting firms, as the next economic agents, and clients relationship exists between economic interests, it is for their own survival and development, must meet the client requirements, manufacturing some of the false financial information, leading to ineffective supervision.

State, society poor supervision, to create the conditions for weakening accounting supervision, so that corporate accounting oversight weakened. Reposted elsewhere in the Research Papers Download http://www.hi138.com establish a supervision system of the characteristics of accounting
Government sector-led sound accounting supervision system
Government management capacity, strengthen the development of accounting regulations and inspection
From the development of accounting and foreign experience and lessons can be drawn only by establishing such a consensus has a relatively complete system-level accounting standards, in order to fundamentally solve the problem of distortion of accounting information in general. However, to establish a relatively complete accounting standard system is not something done overnight, we need innovation in the theory, drawing on foreign experience in areas such as to make unremitting efforts to this may take decades, even centuries of time. to properly implement the accounting rules and regulations, the real improve the quality of accounting information, but also the supporting Laws, corporate management should also keep up with, the accounting is very difficult to maintain long stood out.

Increase the intensity of the work of the audit
Past two years, the gradual deepening of the national audit institutions of the state-owned and state holding enterprises leaders of economic audit, but audit and investigation of the surface of the trial eight smaller juice, must also strengthen the power of the expanded audit and improve the supervision of audit institutions of the accounting efforts.

Industry self-regulation of one of Certified Public Accountants
This year, the Chinese Institute of CPAs to establish the "integrity of the building the main line, and comprehensively promote reform and development of Industry" approach to further increase its oversight of the Industry, efforts to improve the Industry's ethical standards, integrity of the building the Industry in a big way . At the same time, but also to comprehensively strengthen the supervision of the industry. For accounting firms, CPAs Failure to comply with the CPA Society will be given depending on the seriousness of the disciplinary self-regulation in the AICPA this year relating to the public interest also concerns the economic overall, with a potential risk of listed companies, financial, insurance and other important areas of consideration as the industry regulator juice business focus firm to audit listed companies to change as a breakthrough, for the illegal practice of the firm and employees, according to the Law for serious investigation. Even so, industry self-regulation of Certified Public Accountants is still essential, but also needs to be improved and strengthened. Ministry of Finance to strengthen the leadership in this area, national audit institutions to strengthen supervision is necessary, it is also a need to strengthen "in the AICPA" the power of self-discipline, self-discipline to play its role.

Improve the construction of the internal control system
Management of internal control can really become the internal demand is a key internal control Buzhi Yu mere formality, but also the accounting internal control can work to control this key ring. To make accounting control has become the internal demand, D depends on two things: whether the business decisions depend on accounting information, and whether the enterprise by providing real accounting information to gain the trust of the community. present these two companies are not well done. the one hand, led by corporate decision-making remains subjective, accounting information did not recognize the importance of the decision-making, poor business performance on the other hand, wanted to publish false information like accounting to deceive the community. deeper reason behind this is that property rights and agency problems. Thus, only through the reform of property rights, building the modern corporate system, the industry will have an incentive to implement accounting controls, accounting controls will play its due role.

Improve the overall quality of corporate enterprise, strengthen penalties for illegal
While in the "" Accounting Law >>,<< Criminal>> in violation of the laws, regulations and Criminal punishments have made some provisions, but punishment is not enough, the implementation of strict, punishing poor .8 l4H, Shí annual income in the U.S. umbrella more than 12 billion U.S. dollars of the 947 CEOs of listed companies, it will be a memorable day, according to the end of June this year, the United States Securities and Exchange Commission prince Yu, a new provision, the president promised in writing to be published quarterly and year Hyun annual report of the authentic, and on the need to have the company president and chief financial officer's handwritten signature. And August 14 will be the president endorsed a deadline for the Securities and Exchange Commission Gang To this day these documents letters into the file, copy the following oath president who will: "To my knowledge, the financial report did not contain any false information, did not remove any content that the report misleading." endorsement will be disclosed, executives must check the company's performance and accounts and be responsible for their inspection. If checked by the Securities and Exchange Commission, company accounts still have problems, President would have been prosecuted. in the same directors, president, who is also the follow? So, should increase the punishment, act according to law firm, sound the alarm bell.

Improve the quality of accounting personnel, strengthen the construction of professional ethics
Low quality accounting practitioners. In reality, towels, accounting personnel have received college education in a minority of accounting, the accounting has not been given special training and a real majority of the assessment, many staff accounting principles, methods, lack of awareness, understanding does not through the actual operation often mistakes and will juice information distortion. In addition, some units are not kept merit the use of accounting personnel, the amount was used, but to win over each other, resulting in unfamiliar business or technical accounting staff is low, can not be correct use of accounting procedures and methods, so that the accounting information distortion. and some accounting personnel shall conduct accounting can not forget their rights and obligations, and even to their own interests, violation of the law, together with the leader of cheating, leading to distortion of accounting information.

Reform of the current accounting personnel management system, to accelerate the implementation of system of appointing
Refers to the accounting system of appointing authorities by the government to the state-owned enterprises according to law, public institutions or government agencies to send or appointed accounting department, he led the unit and higher authorities, is responsible for accounting, accounting supervision, to ensure that the accounting agencies and units Accounting personnel shall exercise the powers and obligations accountant appointment system, strengthening the Ministry of ¨ the competent leadership of the accounting work, people in Sichuan town to suppress the small side is the wind. Also, can mobilize the enthusiasm of staff will be juice, so that accounting personnel, especially accounting department to adhere to the law financial management, ensure the same interests are not violated, to ensure that the national accounting regulations and the implementation of the rules and regulations to ensure real and effective accounting information.

In short, there are towels leap characteristics of accounting supervision system is based on the actual needs of accounting work to meet the environmental requirements established accounting accounting supervision system. Links to Research Papers Download http://www.hi138.com