Accounting is an integral part ofeconomic management, and accountinginformation acts as an important base on whichrational resource allocation is made. In the era ofthe knowledge-based economy, accounting isplaying a ...Accounting is an integral part ofeconomic management, and accountinginformation acts as an important base on whichrational resource allocation is made. In the era ofthe knowledge-based economy, accounting isplaying a more important role. During the past20 years, with the implementation of reform andthe opening-up policy, the accounting professionin China has made magnificent progress andmany remarkable achievements. In order to further enhance public confidencein the accounting profession, as well as to dealwith the challenges of a knowledge-basedeconomy and globalization, the global accountingprofession needs to step up reform and innovationas follows: enhance the cooperation amongaccounting professions around the world andpromote the harmonization of accounting andauditing standards; strengthen the independenceof certified public accountants; intensify theoversight of the accounting profession; improvethe corporate governance, and fundamentallyresolve the problem of falsified corporatefinancial information.展开更多
文摘Accounting is an integral part ofeconomic management, and accountinginformation acts as an important base on whichrational resource allocation is made. In the era ofthe knowledge-based economy, accounting isplaying a more important role. During the past20 years, with the implementation of reform andthe opening-up policy, the accounting professionin China has made magnificent progress andmany remarkable achievements. In order to further enhance public confidencein the accounting profession, as well as to dealwith the challenges of a knowledge-basedeconomy and globalization, the global accountingprofession needs to step up reform and innovationas follows: enhance the cooperation amongaccounting professions around the world andpromote the harmonization of accounting andauditing standards; strengthen the independenceof certified public accountants; intensify theoversight of the accounting profession; improvethe corporate governance, and fundamentallyresolve the problem of falsified corporatefinancial information.
