The Study Of Financial Transparency

In order to improve economic efficiency, the capitalism makes national enterprise private since the 80's of last century. The economy of developing countries are turned to market economy quickly, the economy globalization developed rapidly and the transnational investment is active unprecedentedly. For the differences between different countries, it is difficult to get some key information about the finance and the economic field which led to the outburst of the financial crisis. So coordinating the transnational action, defending the stability of international financial order have become the task of international organization such as International Monetary Fund, etc.. It may initiate the financial crisis because of its privacy. In face of the trust crisis, the International Monetary Fund is forced to increase the transparency to dispel external criticism, strengthening the legitimacy, absorb the external force to participate in decision, increase the acceptance to its decision of the society, strengthen the implement effect of the policy. As time goes on and the practical experience enriches, the good code of conduct has covered a lot of fields such as finance, bank, stock, insurance, paid system, company's supervising, accountant and audit.People have paid more attention to the regulation function of the tax revenue since reform and opening-up. In 1993, our country set up tax system which suits for socialist market economy tentatively. From then on, the financial revenues increase greatly. But there is a large amount of waste in the use of financial funds. For example, it's lack of scientific appraisal and unscientific standard accounting in project policy decision. Also, in the construction of engineering, there are a large amount of corruption, wasting, removing, the poor quality of construction and the failing to live up to design requirement. Therefore, in order to improve the using efficiency of financial funds, it's important for project construction to audit, appraise and feedback. For improving financial transparency, the International Monetary Fund prints"financial transparency"and makes questionnaire on financial transparency. The act supplies direction for each member state. The financial transparency mainly include 4 aspects as follow:(1) the government function and the clarification of the duty(2) the public acquire information...