Comparative Study On Law Systems Of The Final Accounts Between China And Korea Local Government

As the proverb says "There is no taxation without representation", the authority and roll of the local assembly has played an important part in the process of the development and formation about financial affairs.We can also observe that a roll of the People's Representative Commissariat which the local Chines government is getting larger and larger.Especially, the world economic order is administered under the WTO(World Trade Organization) system and the importance and influence of a financial activity is growing more and more under the circumstances FTA(Free Trade Agreement) has made a trade barrier collapse in the most recent.The citizen's interest has been expressed not only to form the bases of a material in the process of the local government budget but also to look back upon the courses budget including an executive results.However, in the contrary the interest of citizen is getting more growing it is not satisfy their desires that the process of inspection in settlement of accounts is a deficiency.We can say that the final accounts which is the form about a financial report for a revenue and expenditure which the ex post facto report get a arrangement in the fixed form and as the final stage of the local government budget process they draw up a budget and the local assembly(the People's representative Commissariat) deliberated and decided on.Also it make clear for citizen to have a sovereignty by making sure of a ensuring a financial right of the local assembly for local government.In a way the procedure of the balancing accounts is positively necessary system because it is made better use as a data to make a plan for the finances.Also the local assembly evaluate if the local government perform their duties efficiently and abide by the regulations and limits by citizen's representative government under the proposition of reflect the demand of sovereignty, satisfy their right-to-know and elevate transparency of the local finance then the result have to reflect in next year but the local assembly is more weak the function of check each other as compared with the local government. So, In the future the local government of China has to bring in settlement of accounts's system from Korea, USA and Japan as above and then a people's republic-standing committee settle inspection accounts through a number of the balance accounts-inspection committee and local government officer have to execute the budget legally in a suitable time at the bases of the high sexual morals and constitutionality.The consequence which perform the budget during the one year open to the public a local resident as taxpayers and perform a legal obligation to pay their taxes also when the government officer in charge of accounts employ new personal to, the local government should limit on majoring in relative courses which is educated in university and a license holder to build up of capacity.They need to set up the transparency of the local finances by executing the budget with reasonableness and lawfulness,Korea government is reinforcing with a function about a statement of accounts and it will be a great contribution in field of to promote a nation welfare through the revise the relative law and then a limited expansion of a inspection of accounts, a written rational opinion of it, the improvement of budget items, the simplicity of a report on final accounts, security of specialty for the man in charge of accounts.The present circumstances, all the countries of the world people wants to expect to become an transparency when the government officer hold the business also they want to eradicate the illegality and corruption.Especially it needs to support the law to get a right government and the legislation must make a change in according to the current of the times, That's what the local resident believe the local government also the government can go ahead the policy for them the based on confidence of them.