Perspective On Government Financial Supervision And The Quality Of Accounting Information

With the continuous development of China's market economy, People are also increasingly concerned about economic development closely. Accounting information as an important part of economic information, it attracts much more attention. Distortion of accounting information and the harm and its governance has become an important research topic and direction.In this paper, the role of accounting information for users to start to explain the current distortion of accounting information and its hazards, combined with their observations in their daily work, analysis and summary, I consider accounting information distortion because of deep-seated deficiencies in the system - commission system, in which units of the principal -the owner and agent - between operators of the utility, inconsistent with the objectives, the information asymmetry between the two, Incomplete contract between the two is the distortion of accounting information and other deep-seated reasons. After analysis of the reasons put forward to solve the distortion of the instruments of governance - to establish and improve accounting supervision system, including internal accounting supervision, social supervision and audit oversight and government departments. This paper focuses on the accounting oversight as a government-led - the financial sector accounting supervision, focusing on supervision of financial accounting overview of the main aspects of the program, check the program to develop and execute the test results of the processing and checking the contents of the main methods.In this paper, theoretical analysis, and case summary to explain the way, reveals the dangers of distortion of accounting information and reasons, emphasizing the establishment of a sound accounting system, the importance of supervision, made a financial accounting methods and procedures of supervision, management accounting information to explain the urgency and feasibility.