摘要
Accounting methods in state-owned enterprises leave much to be desired. A recent initiative aimed at a professional management audit could soon change this China’s state-owned enterprises (SOEs) present a strange dilemma-they are making profits but also draining state assets. This has prompted the National Audit Office to set the examination of SOEs’ financial accounts as a key task for this year. According to a Ministry of Finance report in February, performance of Chinese SOEs maintained stable growth in 2005, generating 900 billion yuan in profits, a year-on-year increase of 25 percent. A comparison of figures in recent years shows rising profits in
