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Enlarging the Financial Liability Accounting Scope,Guarding against the Financial Liability Risks

Yu Zhang

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Abstract

The reasons which produce the financial risks are various,while the methods of guarding against them are various too.From the angle of accounting,to guarding against the financial liability risks we should first enlarge the financial liability accounting scope on the existing liability accounting foundation,truly reflect the liability condition of the government,reasonably establish the pay back plans,in order to guard against the financial liability risks.

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What this paper is about

The reasons which produce the financial risks are various,while the methods of guarding against them are various too.From the angle of accounting,to guarding against the financial liability risks we should first enlarge the financial liability accounting scope on the existing liability accounting foundation,truly reflect the liability condition of the government,reasonably establish the pay back plans,in order to guard against the financial liability risks.

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Available abstract

The reasons which produce the financial risks are various,while the methods of guarding against them are various too.From the angle of accounting,to guarding against the financial liability risks we should first enlarge the financial liability accounting scope on the existing liability accounting foundation,truly reflect the liability condition of the government,reasonably establish the pay back plans,in order to guard against the financial liability risks.

Key concepts: Liability, Business, Finance, Accounting, Scope (computer science), Financial accounting, Guard (computer science), Actuarial science

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