China News Agency, Beijing, July 30th (Reporter Zhang Wenhui) Ruixing Coffee's financial fraud and Deloitte employee reports further highlight the importance of strengthening financial supervision.
Chinese Vice Minister of Finance Zhu Zhongming stated at a press conference of the State Council Information Office on the 30th that it is necessary to strengthen financial and accounting supervision, adhere to "strong penetration, fill loopholes, use key points, and a positive attitude" to promote the implementation of major central decisions and deployments, and maintain peace Regulate market order and never allow financial discipline to be a "scarecrow."
Zhu Zhongming pointed out that strengthening financial and accounting supervision is an important starting point for the implementation of the central government's major decision-making arrangements, and an important means for strict financial discipline and standardizing the market economic order.
Since the 18th National Congress of the Communist Party of China, the Ministry of Finance has actively performed its functions of financial and accounting supervision, playing an increasingly important role and promoting the improvement of financial management efficiency.
However, there are still some departments and units that have varying degrees of lax budget management, lax asset management, and weak financial management. Financial fraud cases in the capital market occur frequently, infringing on the interests of investors and disrupting the order of market operations.
In this regard, Zhu Zhongming proposed that the Ministry of Finance will promote the maintenance and standardization of market order from four aspects.
One is to further strengthen system construction.
Promote the acceleration of the revision of the Accounting Law and the Certified Public Accountant Law, increase administrative compulsory measures, and greatly increase the penalties for illegal acts such as financial fraud.
Further improve the financial and accounting supervision system and mechanism, effectively play the role of financial supervision of the financial department, consolidate the internal supervision of the unit and the audit and supervision responsibilities of social intermediary agencies, and maintain a good order.
Strengthen political leadership, continue to carry out integrity education, and guide the entire industry to establish good professional ethics.
The second is to further strengthen supervision and inspection.
Adhere to "zero tolerance" to combat financial fraud, increase the quality of accounting information and the quality of accounting firm practice, and optimize the practice environment of the certified public accountant industry.
Focus on key areas, flexibly use supervision and inspection, special governance and other methods to ensure the effective implementation of major central fiscal and taxation policies and modern fiscal and taxation system reform measures, and resolutely prevent fiscal funds from becoming "tang monk meat".
The third is to further enrich the supervision methods.
Use modern information technology such as the "Internet + supervision" platform, big data, etc., to improve supervision capabilities and law enforcement levels.
Take effective measures to resolutely curb the behavior of enterprises to submit different financial reports to taxation, securities regulatory, banking and other departments and institutions.
In conjunction with the establishment of the social credit system, regular announcements on accounting information quality inspections and typical cases will be issued to strengthen deterrence with case interpretations.
The fourth is to further strengthen departmental collaboration. With the supervision of the party as the leading factor, it will organically integrate and coordinate with other supervisions, and establish a comprehensive law enforcement supervision mechanism with the "one bank, two committees" and other departments to jointly crack down on financial fraud in the capital market. (Finish)