Auditor's Office on Establishing and Improving the Internal Audit System of Financial Accounting

Author: Zhou Guangyu
Publisher: Anhui Cultural Audio-Visual Publishing House
Publication Date:
Features: The annual audit priorities of the National Audit Office focus on rectifying and regulating the market economy order, adhering to truthfulness as the foundation, and intensifying efforts to investigate major violations of regulations and economic crime cases. In recent years, the effectiveness and impact of audit work have continuously expanded, due to various reasons, with one of the most important being our adherence to truthfulness as the foundation, concentrating efforts, highlighting key areas, and severely investigating major and high-profile cases. For major and high-profile cases involving substantial amounts, severe nature, adverse social impact, and significant losses to the state, investigating one case often achieves a deterrent effect that yields results with less effort, promoting standardized financial management across entire departments, units, or even systems. The "Provisions of the National Audit Office on Internal Audit Work" were approved by the National Audit Office Auditor-General's meeting on February 10, 2003, and are now hereby promulgated, effective from May 1st.