<h1>Abstract</h1>
<h1 class="ql-align-center" >1, Auditor Quality, Government Regulation, and Foundation Donation Income– Research Based on the "Guo Meimei" incident</h1>
Author:Li Minghui Yang Xin Zhao Ning(Nanjing University Business School, State Administration of Taxation Kunshan Municipal Taxation Bureau)
Abstract: This paper uses the data of the top 100 foundations and their auditors in China's net assets from 2005 to 2015, and examines the impact of auditor quality on foundation donation income by whether it is a substitute variable for the "top 100" comprehensive ranking of the China Annotation Association in that year. The results showed that: (1) overall, the quality of auditors has a significant role in promoting the donation income of the foundation in the next year; (2) the promotion effect of auditor quality on donation income only exists after the "Guo Meimei incident", which shows that a series of control measures introduced by China after the "Guo Meimei" incident have helped to enhance the role of auditing; (3) for individual donation income, there is no significant impact on the quality of auditors before and after the event; For institutional donation income, the role of promoting the quality of auditors after the incident is more obvious. (Source: China Economic Issues, No. 1, 2019)
<h1>2. Enterprise audit content: a theoretical framework</h1>
Author:Jin Yinfeng Zheng Shiqiao Zhou Minli (Institute of Auditing Science, Nanjing Audit University, Nanjing Audit University)
Abstract:Based on the classical audit theory, a theoretical framework for enterprise audit content is proposed. The content of enterprise audit is usually divided into five levels: audit object, audit subject, audit business type, audit target and audit carrier. The object of enterprise audit is the management responsibility of the enterprise type, including the management responsibility of the investor, the responsibility of industry regulation, the management responsibility of the state-owned capital operation, the responsibility of the operation and management of the enterprise, and the management responsibility of the internal unit, which can be decomposed into business responsibility and financial responsibility; Both business responsibility and financial responsibility can be broken down into three dimensions of information, behavior and system audit themes; A single audit topic can form a single audit business, and multiple audit topics can be combined to form a comprehensive audit business. In the implementation of the audit, each audit theme also needs to be decomposed into audit targets, and the audit carrier of various audit targets should be determined. (Source: Friends of Accounting, No. 5, 2019, 2017-2018 Key Project of the National Audit Office "Research on Improving the National Audit System" (17SJ03002)
<h1>3. Analysis of countermeasures for construction project cost audit in the market economy environment</h1>
Author:Yang Tao(Audit Department of China Pingmei Shenma Group)
Abstract: The rapid development of China's market economy in the past 40 years of reform and opening up has promoted the rapid rise of China's construction industry, and there is no doubt that today's construction industry has deservedly become an important driving force for the development of China's market economy. It is precisely because the construction industry has such an important position in the development of China's market economy, therefore, the analysis of the problems existing in the construction project cost audit, and the combination of the market environment and the development of construction engineering needs to explore the corresponding solutions have attracted the attention of scholars, enterprise managers and relevant government departments. Solving the problem of construction project cost audit can not only reduce the loss of construction funds and increase the economic benefits of construction projects, but also improve the supervision and management system of project cost audit, promote the healthy development of the construction industry, and ultimately achieve mutual benefit and win-win results in enterprise economic and social benefits. The article expounds the significance of construction project cost audit, points out the problems existing in the current project cost audit, and briefly analyzes the countermeasures to solve the problem. (Source: Science and Technology Economic Market, No. 1, 2019)
<h1>Audit practices</h1>
<h1>1. Look at the governance of "zombie enterprises" from the perspective of financial supply-side structural reform</h1>
On February 22, the Political Bureau of the CPC Central Committee held the 13th collective study on improving financial services and preventing financial risks, and General Secretary Xi Jinping stressed when presiding over the study that the structural reform of the financial supply side was proposed for the first time. It is emphasized that it is necessary to "accurately and effectively deal with risks in key areas, deepen financial reform and opening up, and enhance the economic capacity of financial service entities." At present, the "zombie enterprises" that exist in some places not only do not have their own hematopoietic ability, but also affect the financial institutions that "supply blood" to them, dragging down the local economy. In order to promote the structural reform of the financial supply side and improve the efficiency and level of the real economy of financial services, it is even more necessary to release the misallocated financial resources from the "zombie enterprises". Combined with the audit situation in recent years, the author believes that the audit institution can start from three aspects to promote the clean-up and prevention of "zombie enterprises".
First, in the special fund audit, we should understand the information related to enterprises in a targeted manner. Some special funds for enterprises can be arranged in the annual audit project plan arrangement, while minimizing the impact on the production activities of enterprises, we can have an understanding of the current situation of local enterprise development, strengthen the investigation and investigation of the living conditions of enterprises in various places in a targeted manner, and provide suggestions and suggestions for local governments from the situation of effectively revitalizing land, equipment and other existing assets, resolving some overcapacity pressures, and reducing ineffective market supply. For example, in recent years, in the special audit of some major industrial development funds, as well as the audit and investigation of many enterprise-related funds such as venture capital guidance funds, small and medium-sized enterprise guarantee funds, and small and medium-sized real economy development funds, local auditing institutions have analyzed and reported some emerging problems found in them, and have played an active role in promoting the reduction of enterprise investment and financing costs.
The second is to strengthen the audit content of enterprises in the policy tracking audit. The biggest service object of the "decentralization service" reform is all kinds of enterprises, especially small and medium-sized enterprises, in the tracking audit of the implementation of major policies and measures organized by the higher-level audit organs, many of which involve enterprise issues, and the audit institutions can take this as an opportunity to carry out special audit investigations of "zombie enterprises" on the basis of financing investigations such as small and medium-sized enterprises. On the basis of finding out the overall number and distribution of "zombie enterprises", focus on the implementation of the disposal of "zombie enterprises" by relevant government departments, the actual number and disposal methods of enterprises, the implementation of relevant taxation, finance, land, finance and other policies in the disposal process, reflect the difficulties and problems in the disposal process, and promote the further standardization of policy implementation and accelerate the disposal of "zombie enterprises".
The third is to pay attention to the situation of enterprise-related policy funds in local fiscal and tax audits. In addition to the "blood transfusion" of financial channels, another major blood transfusion channel of "zombie enterprises" is local finance. In the audit of the implementation of the budget at the same level and the audit of the collection and management of local taxes, the intensity of the examination can be increased from the perspective of financial subsidies to enterprises and enterprises that have not declared and paid taxes for a long time. Block government departments from continuing to transfuse blood to "zombie enterprises", so as to reduce the burden and risk of government departments, increase the capital supply of high-quality enterprises, and provide audit services for the implementation of capacity reduction and economic transformation and upgrading. At the same time, the "zombie enterprises" that have been identified cannot be blindly "one size fits all". On the one hand, we should pay attention to the merger and reorganization of "zombie enterprises" and the transfer of property rights to prevent the private division of state-owned assets; pay attention to related party transactions to prevent improper transactions in the form of related party transactions; and pay attention to asset appraisal and other links to prevent the depreciation and loss of state-owned assets. On the other hand, for enterprises that have stopped production but have not yet completed the cancellation procedures, it is recommended to speed up the liquidation and cancellation, and in accordance with the legal procedures, timely handle the cancellation and registration procedures to prevent risks; formulate a treatment plan as soon as possible after the disposal of the land of the relocated enterprise; it is recommended to shut down the "shell enterprises" with no assets, no personnel and no business left over from history; for enterprises that are in trouble due to sudden problems, but whose assets and resources still have certain value, it is recommended that the Group take necessary support measures to help enterprises revitalize production. Achieve self-extrication. (Author: Huang Jie, Wang Lina, Audit Bureau of Shiyan City, Hubei Province Source: Official website of the National Audit Office)
<h1>2. Give play to the role of the "third line of defense" to ensure the quality of audit reports</h1>
In recent years, China CITIC Bank has actively played the role of internal audit as an important means of corporate governance and the "third line of defense" of risk management, and promoted the improvement of the internal control system and the improvement of risk prevention level. This paper takes the special audit project of information technology carried out in 2016 as an example, analyzes the audit quality control of the whole process, improves the quality of audit reports, and promotes the transformation of audit achievements.
Audit project quality control measures
(1) A sound audit system is the basis for the implementation of project quality control
In 2016, the information technology special audit project carried out by the Audit Department of China CITIC Bank built up four levels consisting of audit charter, management measures, operating procedures and work templates in accordance with the internal audit standards, as well as a system system of more than 60 systems in 6 categories, including on-site audit management, off-site audit management, internal control evaluation management, audit quality management, audit center management and comprehensive management, standardizing the development of audit projects. It provides a solid institutional foundation for the quality control and quality evaluation system of audit projects.
(2) The whole process of audit quality control is the guarantee of the quality of the implementation project
The information technology special audit project starts from the project establishment, the project chief review begins to manage the quality of the project, and in the process of on-site implementation, the project meeting is held every day, focusing on the universality, major risks and hidden dangers, and the quality in the on-site inspection process is controlled and reviewed. At the same time, the quality control department sent personnel to participate in the regular meeting of the project from time to time, extracted some of the manuscripts and confirmation of facts on the spot for quality control, and communicated with the project team in a timely manner for the deficiencies found, ensuring that the project was completed on time and on schedule.
Based on years of audit practice experience, the audit department of China CITIC Bank has sorted out a relatively complete set of audit operation processes to ensure that each link has clear and standardized operation steps and quality target requirements, practice the "big quality control" audit management concept, and implement the whole process audit quality control. The standard audit operation process is solidified in the audit management information system, and the personnel involved in the audit project must operate in accordance with the standardized process. At the same time, a special quality control department is set up to perform quality control supervision duties, from project establishment to project completion, the whole process of participation. From the preparation of materials in the project establishment stage, to the completeness of project information entry in the on-site implementation process, the process of entering and exiting the meeting, the level of confirmation review, the completeness of the working papers and the adequacy of the supporting materials, the accuracy of the problem description and qualitative, the standardization of evidence collection and the effectiveness of communication, and then to the accuracy of the report description in the report stage, the style and format are all preliminarily examined by the system and reviewed by the personnel of the Quality Control Division, which ensures the quality of the audit project.
(III) Scientific audit work methods are a means to improve the quality of projects
At the beginning of the establishment of the information technology special audit project, the audit focus is determined in combination with the regulatory focus and the risk areas that have been found in the audit in previous years. In the preliminary preparation of the project, a large number of relevant materials were reviewed off-site, a solid analysis was carried out, and a clear audit plan was formulated. In terms of project organization and management, the audit team is composed of 10 personnel with rich experience in information technology auditing, and the audit team is trained in advance, familiar with the audit plan, and divided into 3 professional groups and a clear division of labor according to the expertise and audit focus of the personnel. In the on-site implementation stage, group interviews, verification, on-site verification of the relevant situation, daily summary will discuss the progress and doubts to ensure the full implementation of the audit plan and achieve key breakthroughs. Each working paper has been reviewed by the professional team leader, the chief reviewer and the team leader, and the quality is strictly controlled. Different opinions are put forward on the audit objects, and in addition to the on-site group discussion and consultation, a meeting of the leaders and personnel of the relevant departments is specially convened to reach an agreement on the issues that cannot be agreed.
Make full use of limited audit resources, scientific and rational allocation, and improve audit quality and efficiency. The project preparation process is risk-oriented, focusing on regulatory priorities and risk gathering points found in the previous audit, and prioritizing the allocation of limited audit resources to high-risk areas. In the on-site audit link, the team leader responsibility system is implemented, the responsible person is clarified, the key points of quality control in each link are firmly grasped, and the quality control efficiency is improved. Establish a "multi-level review" mechanism, on the basis of the "three-level review" of the project team, all departments and offices of the ministry through professional checks, from the program formulation, progress supervision, on-site supervision, report review, project evaluation and other links to matrix checks. Construct a closed-loop audit work model, that is, the annual audit project plan - audit project organization and implementation - audit found problems into the audit problem database - combined with the audit found problems to carry out internal control evaluation - according to the risk distribution of internal control evaluation to determine the next year's audit plan. Establish an audit reconsideration mechanism to provide a way for the effective resolution of audit objections, while protecting the legitimate rights and interests of audit objects, improve the quality of audit projects, and ensure the objectivity and fairness of audits.
Highlights of audit report quality
The report of the special audit project of information technology is divided into five parts: audit summary, basic information technology situation, main audit findings, follow-up audit situation, and audit conclusions. Among them, the audit summary introduces the basic situation of the audit, including the audit object, main content, time and manpower arrangement, audit basis, method and sampling situation; the main audit findings include problem characterization, problem description, violation of system regulations, etc.; audit conclusions evaluate the overall situation of the audit object and point out the main problems.
The report of the information technology special audit project as a whole reflects the audit work process and the results achieved, reveals the hidden risks of the audited units, and the audit recommendations are specific, clear and operable. The highlights of the audit report are:
(1) Reflect problems in high-risk areas
For example, in terms of business continuity management, the problem of "insufficient disaster recovery capacity of the disaster recovery center and the ability to take over the business in the event of a disaster", the problem of "high dependence on outsourcing" in outsourcing management, and the problem of "changing the risk of direct operation of the production host database" in terms of information security play an important role in improving the information technology management capabilities and risk control of the whole bank. At the same time, it is also in line with the regulatory requirements of the Banking and Insurance Regulatory Commission on information technology risks.
(2) Unify the characterization of normative issues
According to the risk point classification method of the "Guidelines for the Evaluation of Internal Control of Commercial Banks" of the Chinese Minmin Bank, the problems in various forms of expression are abstracted into problem characterization, which not only makes the more professional information technology problems easy to understand, facilitates the management and audit objects to more clearly understand the essence of the problem and recognizes the potential risks, but also can effectively promote the rectification work from the root causes and prevent repeated violations, such as "network access is not opened for admission control, network firewall policy is too large, access control is not limited IP address and port", etc. are abstracted "Inadequate network isolation and access control".
(3) Carry out follow-up audits
The project covers various fields of information technology such as information technology risk management, business continuity, outsourcing management, development and testing, operation and maintenance, and information security. Carry out follow-up audits, not only staying at the problems found, but also paying more attention to the follow-up audit of the rectification of the problems found in the previous year's audit, verifying the thoroughness of the rectification of the problems, and evaluating whether the rectification measures are timely, true and effective, so as to achieve the effective repair of internal control defects and continuously improve internal control.
The use of audit reports and the effectiveness of rectification
(1) Fully recognized by regulatory authorities and highly valued by management
The audit report was approved by the regulatory authorities after it was issued, and the "2016 Information Technology Regulatory Rating Opinions" of China CITIC Bank pointed out that the special audit of information technology, the audit inspection has a certain depth, the audit quality is better, and some prominent problems are exposed, such as insufficient disaster recovery capacity in different places, the risk of production data change is high, and the independent supervision role of the third line of defense is effectively played. At the same time, the audit report has also been highly valued by the management, and the relevant departments have comprehensively rectified and implemented their responsibilities to eliminate potential safety hazards as soon as possible.
(2) The rectification of audit issues was incorporated into the strategic planning of information technology
The audit report has played a great role in promoting the improvement of CHINA CITIC Bank's information technology management capabilities. The first is to enhance the importance of information technology by the whole bank. Some of the problems found in the audit were incorporated into the INFORMATION Technology Strategic Planning of China CITIC Bank for systematic rectification. For example, in terms of business continuity management, in view of the insufficient disaster recovery capacity of Xi'an Disaster Recovery Center, it is planned to add a Hefei data center. The second is to promote the strengthening of internal management of information technology departments. In response to the problems revealed in the audit report, the Information Technology Department of the Head Office held a special meeting to arrange the deployment of rectification work, formulated a problem rectification account, and implemented each problem to the specific responsible department and responsible person. Rectification is carried out not only from the operational level, but also from the deep internal control level such as systems and processes, including reconstructing 51 systems and processes, and using knowledge graph technology to manage the system. Further strengthen the control of information systems, carry out the construction of sensitive data protection projects for security aspects, organize bank-wide security inspections, improve quality management rules for system development and testing, and set up quantitative indicators such as project progress, project quality and safety, efficiency, and service, and conduct quarterly assessments. The third is to strengthen the guidance and training, inspection and supervision of the branch information technology work of the head office, incorporate the operation and maintenance management of the branch into the daily inspection scope of the production and operation of the whole bank, and implement the qualification review and access for the person in charge of the information technology department of the branch, which improves the information technology management level of the whole bank. ( Author: China CITIC Bank Audit Department Source: China Audit Magazine)
<h1>Latest News: 2019 Annual Conference of the Accounting Society of China (Jilin University of Finance and Economics, July 13-14</h1>).
The "2019 Annual Conference of the Accounting Society of China", sponsored by the Accounting Education Branch of the Accounting Society of China and hosted by the School of Accounting of Jilin University of Finance and Economics, is scheduled to be held in Changchun City, Jilin Province on July 13-14, 2019. In order to strengthen academic exchanges and improve the quality of papers at the annual conference, we are now facing the accounting theory and practice circles, and according to the results of the selection of the papers, we will give priority to inviting the authors of the selected papers who meet the theme of the essay to participate in the annual meeting.
1. Essay theme
The theme of this annual meeting is "Innovation of Accounting Theory and Practice in the New Era", focusing on the new achievements of accounting academic research and the new changes in the development of accounting practice in the new era under the guidance of the new ideas of the 19th National Congress of the Communist Party of China, and discussing the new progress of accounting theory at home and abroad and the new dynamics of accounting education reform.
2. Reference topics
The application papers should reflect the requirements of accounting theory and practice of the new strategy, new economy, new technology and other characteristics of the new era, focusing on the digital economy, strategic adjustment, technological innovation, sharing economy model, a series of financial accounting in the artificial intelligence environment and other related issues, as well as other topics that may provide decision-making reference for government departments, the main topics are as follows:
1. Research on accounting problems under the digital economy
2. Research on issues related to new accounting standards
3. Research on capital market and corporate finance under the characteristics of the new era
4. Research on issues related to corporate governance and accounting under the background of the new era
5. Research on the Reconstruction and Innovation of Management Accounting in the New Era
6. Research on the accounting supervision of enterprises in the reform of state-owned enterprises
7. Improvement and development of government accounting standards
8. Research on audit innovation and development in the new era
9. Construction of accounting disciplines and research on accounting higher education
10. Other relevant research
3. Essay solicitation matters
1. Deadline for submission: May 31, 2019 (based on the date of email dispatch). The application papers must be academic papers that have not yet been published. The conference affairs team will organize relevant experts to select the papers for the call for papers, and issue a notice of acceptance of the conference papers before June 15, 2019. The types of conference papers include normative studies, empirical studies, case studies, etc.; papers in Both Chinese and English are available.
2. Request for essay format requirements: The content and format of the submitted paper, please edit according to the layout of the paper published in "Accounting Research"; the author information is listed separately on one page, including: name, gender, title (position), work unit, correspondence address, corresponding author, contact telephone number and e-mail address.
3. Thesis layout requirements: The enlisted papers do not add page numbers, and include the following items in turn: (1) The page is set to A4 paper, the margins are set to the top 2.8cm, the bottom 2.2cm, the left 2 .8cm, the right 2.3cm ;(2) the article title (center, the third bold, 1 line above and below) ;(3) The author of the article (small four Song body, centered, with spaces between the authors) ;(4) Unit, Postal code (No. 5 Song body, center, 1 line after the space) ;(5) [Abstract] (No. 5 black body, top grid), Abstract content (No. 5 Song font) ;(6) [Keywords] (No. 5 bold body, top grid), Keywords (No. 5 Song font, 1 line underneath) ;(7) The English content of the above items, using TimesNew Roman font, the font size is the same as the Chinese part, the title, Abstract, Key Words are bolded; (8) The main text (No. 5 Song font, haplobine spacing), the title (bold body), the charts are numbered sequentially; (9) References (No. 5 bold body), specific documents No. 5 Song font, English literature uses the Times New Roman font. The format of the literature refers to the references after the "Accounting Research" article, and the citations in the main text are marked with superscripts, which is consistent with the order listed at the end of the article. Please format the paper in strict accordance with the format requirements.
4. Thesis submission method: Please submit a WORD document by e-mail, request the file name of "first author name + thesis title", use A4 paper typesetting, and indicate the "2019 Accounting Academic Annual Conference Essay" in the email subject. Paper Submission Mailbox: [email protected]. The papers accepted by the conference will be published on the website of the Accounting Society of China, and will also be included in the "Full-text Database of China Important Conference Papers" of the China Academic Journals (CD-ROM Edition) Electronic Magazine (if the author does not want to be included, please explain it when submitting).
4. Contact Information
Address: Jilin Province Changchun City Jingyue Street No. 3699 Jilin University of Finance and Economics Accounting College (130117)
Xu Lina 18088660919,0431—84539353 Shao Fangjing 15943068865 0431—84539356 Li Yang 13019227520,0431—84539352 (Source: Accounting Society of China )
Editor-in-Charge: Zhang Nan