Study Of State-owned Holding Enterprises Owned Assets Of Financial Regulatory Issues

Effective supervision is related to success or fail of state-run assets management system and financial supervision is more important in all supervisory systems, therefore, it is one of the most important affairs to study the state-run capital financial supervisory system under the new management system of state-run assets.Under the traditional Planned-economy system, there was no real financial supervision to the state-owned enterprises. In China, the real financial supervision to the state-owned enterprises started after reform and opening drive. Since the reforming and opening to the out-side world, the financial supervision to the state-owned enterprises has experienced three stages. The founding of the State-Owned Assets Supervision and Administration Commission the State Council in 2003 announced the birth of the new state-owned assets supervision system featuring the combination of supervising people, assets and materials.At present, there still exist a lot of problems in the assets supervision (financial supervision)of the state-holding firms: the legal base on which the supervision functions is not so sufficient legal base; the content of the supervision is not so clearly defined; the means of the supervision is too simple; the supervision forces have not been well integrated; we still falls short of countermeasures to the supervision after in face of property right diversification of state-owned enterprises; the governance structure of the state holding enterprises is far from perfect, etc.To perfect the financial supervision to the state holding enterprises and thus established a new supervision model, we should learn from the advanced countries; and what's more important, we must pave a new way that matches the situation of China. For that, we must ,first, define the principle to establish the new supervision mode and make clear the aim of the financial supervision to the state-holding enterprises, and thus establish the basic framework of the financial supervision to the state holding enterprises: perfecting the accounting supervision system of the state holding enterprises, perfecting the auditing supervision system of the state holding enterprises, and setting up the comprehensive evaluation system of financial supervision.To achieve the aim of the financial supervision to the state holding enterprises, we must establish some matching systems, including to perfect the relevant laws and regulations, to perfect the governance structure of the state holding enterpr5ises, to reinforce the informalization of the financial supervision, to perfect the evaluation system of the state-owned assets, and to exert motives and restrictions to the managers of the state-holding enterprises.