Strengthening Accounting Supervision and Standardizing Accounting Acts Abstract

New economic situations bring brand-new challenges to accounting management. Such existing defects as low quality accountants, low legal awareness of the person in charge, weak basic accounting work and internal controlling regulations of some units and abnormal accounting acts all have a very bad effect on the quality of accounting. As the department responsible for accounting, the Finance Department should manage to elevate the legal awareness of the person in charge of each unit, offer guidance to various units in order to establish effective internal controlling regulations and reinforce accounting supervision through training sessions and publicity. The principle of service and management should be equally maintained in order to cultivate and distribute qualified accountants.