Based On The Corporate Governance Of Financial Monitoring

Financial statement fraud is the universal existence question in the world, In our country, the state-owned enterprise is the "disaster area" of financial statement fraud. When we rectify financial statement fraud in firms, It happened financial statement fraud' scandal of heavyweight company one after another in earth's another end, such as Enron, WorldCom, Anderson and so on. We are startled by the financial statement fraud of world-class company one by one. We do not have the reason to do nothing about the question which financial statement fraud exposes to. We carefully examine and ponder this question, we will find that it lies in radically perfects our country's every economic system including accounting system, and strictly makes it more scientific.From this, we can not but ponder how to establish and improve the enterprise's financial monitoring system of our country. We should study the law of the financial statement fraud in the world scope and establish the financial monitoring system to eliminate the financial statement fraud, the financial chaos of income and expenses and the running-off of the firm's assets, according to our national condition and our country enterprise's characteristic. The financial monitoring system refers to theoretical concepts, policies, systems, measures and other elements that determine effects of the financial monitoring, the internal relationship among them, and the constitutive arrangement. We can see that the financial monitoring system needs the relevant theories to explain, needs some policies, regulations and certain political and economic backgrounds to support, and needs assuring the implement of supervisors monitor monitoring objects and guarantee to attain the goals by the operation of some systems, certain means and measures. It indicates that the financial monitoring of our country's enterprise is not a kind of simple, isolated, accidental, blind behavior, and also demonstrates that when we study the question exists in financial monitoring system in our country enterprise, we must unify the establishment of socialist market...