The industry focuses on promoting high-quality economic development with accounting and auditing innovation

　　China News Service, Shanghai, September 17th (Chen Jing and Wang Lei) "China's High-Quality Economic Development and Accounting and Auditing Innovation - Academic Forum to Commemorate the 95th Anniversary of Lixin Accounting Firm" was held on the 17th.

Experts and scholars in the field of accounting and auditing from Renmin University of China, Central University of Finance and Economics, Fudan University, Zhejiang University, Xiamen University, Shanghai University of Finance and Economics and other universities exchanged and shared their research results, in order to promote the high-quality development of China's economy through accounting and auditing innovation Suggestions and suggestions.

　　Dong Guoqun, member of the party committee and deputy general manager of the Shanghai Stock Exchange, said that from the perspective of the capital market, improving the quality of accounting information is an inherent requirement to promote the healthy development of the capital market, and it is also an important way to serve the real economy.

Dong Guoqun said bluntly that companies on the Sci-Tech Innovation Board have a realistic need for higher-quality accounting information.

This requires accounting-related workers to think together: how to better use accounting language, help investors better understand enterprises, and help enterprises better transmit value to the market.

　　Dong Guoqun, who has been engaged in supervision in the capital market for a long time, pointed out that improving the quality of listed companies is inseparable from high-quality accounting information and auditing services.

In recent years, both the quality of accounting information of listed companies and the professional quality of audit institutions have been significantly improved as a whole.

However, he pointed out that the effectiveness of accounting and auditing in mitigating risks can be further improved.

95 years ago, Mr. Pan Xulun took the lead in bringing modern accounting theory back to China with the ambition to save the country through industry, and wrote the first page of China's modern accounting history.

Photo courtesy of Shanghai Lixin College of Accounting and Finance

　　Sun Baohou, president of the China Auditing Society, emphasized that credibility is the basic value pursued by accounting and auditing and the basic responsibility it should undertake; integrity is the primary professional ethics of accounting and auditing.

At present, many colleges and universities have set up courses on accounting and auditing professional ethics or business ethics. Sun Baohou called for: "Effectively enhance the pertinence and effectiveness of professional ethics education, and make professional ethics in the deep consciousness of future accountants and auditors. We can continue to shine the light of morality, bloom the flower of morality, and reap the fruit of morality.” He also hopes to adhere to the principle of trustworthiness, and continue to promote the high-quality accounting and auditing business and the economy and society in the three-in-one interaction of education, research and practice. develop.

　　According to Zhao Mingji, president of the Chinese Institute of Certified Public Accountants, as of July 2022, there are more than 10,000 accounting firms in the CPA industry, with hundreds of thousands of employees, and industry revenue has increased significantly.

He believes that the achievements of the CPA industry are due to the fact that the CPA industry has always adhered to the main line of integrity construction, and has covered the whole field and cycle of the industry with integrity construction; of all aspects.

　　It is reported that 2022 will be the 95th anniversary of Lixin Certified Public Accountants, one of the earliest and most influential accounting firms in China.

95 years ago, Mr. Pan Xulun took the lead in bringing modern accounting theory back to China with the ambition to save the country through industry, and wrote the first page of China's modern accounting history.

Mr. Pan Xulun took the concept of "people without trust, no standing" in the Analects, and successively founded Lixin Accounting Firm, Lixin Accounting College and Lixin Accounting Books and Supplies Club, opening up a precedent for the development of the "three-in-one" accounting career.

He has always warned students that "knowledge, experience and talent are indispensable for accountants, but fundamentally they are not as important as morality".

In 1992, Lixin Certified Public Accountants became the first firm in Shanghai qualified to audit listed companies. In 1993, the state approved 30 new listed companies, and the firm audited 14, including Phoenix Bicycle, Shanghai No. 1 Tire Factory, and Hualian Supermarket. , Chinese enterprises, public rental, agricultural, industrial and commercial supermarkets, etc., have witnessed the development and growth of China's capital market.

　　Zhu Jiandi, Secretary of the Party Committee and Chief Partner of Lixin Certified Public Accountants, said that maintaining financial stability is the mission entrusted by the state to the accounting firm. Lixin Certified Public Accountants strictly checks the financial audit of listed companies, and resolutely does not allow fraudulent companies to pass the test. At the same time, we use our own professional advantages to help enterprises improve their quality.

He pointed out that accounting firms, as the "gatekeepers" of the capital market and even the market economy, must be self-reliant in order to help China's economic transformation and upgrading and contribute to the overall quality improvement of the national economy.

　　Shanghai Lixin Institute of Accounting and Finance, which shares the same root with Lixin Accounting Firm, promotes the university spirit of "honesty, morality and practical application", and has cultivated a group of students with "integrity quality, practical ability, innovation consciousness, and international vision". High-quality applied talents, the overall employment destination implementation rate of 2022 graduates is 96.61%.

Xie Chao, Secretary of the Party Committee of Shanghai Lixin Institute of Accounting and Finance, said: Looking forward to the future, the school and Lixin Institute will continue to carry forward the "Lixin" spirit, inherit the context of integrity, and jointly make new and greater contributions to the high-quality economic and social development of Shanghai and the Yangtze River Delta.

(Finish)