On Accounting Supervision in China's Enterprises

Accounting supervision is an essential method to ensure accounting work to carry on normally and an indispensable assurance to improve accounting information quality. Nowadays, there appear many problems of accounting information distortion in China, which proves that there exist serious problems in accounting supervision in China in following aspects as the legal position of the executive subject, the entire quality of the accountants, and the accounting supervision regulations. To strengthen and improve the function of accounting supervision and to effectively prevent the expansion of accounting information distortion, it is necessary to speed up the construction of legal system, improve the internal accounting supervision mechanism, enhance the function of the external supervision; it is also essential to strengthen the construction of the concept of the professional ethics, cultivate high-quality accountants, clarify responsibility investigation, and realize the unity of right, responsibility and punishment.