Ten Challenges Facing Contemporary Financial Personnel

First, the challenge of power supervision to accounting supervision.

Accounting Law No. 1

Two, interest driven challenges to accounting.

Accounting regulations require accountants to faithfully reflect economic matters in accordance with the provisions of the accounting system.

Three, the lack of professional ethics challenges accounting integrity and financial management.

Under the market economy condition, the rule of value dominates everything, and no money is difficult to handle. So people's values have changed greatly. The value of mercenaries has replaced the selfless values and people's economic activities to a certain extent for their own sake, for money.

Therefore, corruption of Party and government officials is prevalent.

Accounting personnel engaged in professional activities in such a big environment, mainly manifested as the lack of professional ethics, fraud and self interest, including small groups and local interests, are reflected in every corner of accounting professional activities.

But accounting is a science. Accounting regulations require accountants to standardize their practice, to manage their finances in good faith and not to commit falsehood. One is two, the other is two.

The lack of accounting professional ethics poses a serious threat to accounting integrity and financial management and makes it difficult to achieve good faith financing.

Four, the disharmony of accounting environment challenges the normalization of accounting behavior.

The scientific development of accounting requires normalization of accounting behavior and accounting matters in accordance with the requirements of accounting laws, regulations and systems. Otherwise, accounting will not be able to achieve scientific development.

However, in view of the current internal and external environment of accounting in China, it is difficult to standardize the accounting behavior. First, there are imperfect corporate governance structure and lack of effective internal control mechanism in the internal environment, which leads to "insider control". Others have the final say, making the accounting behavior of enterprises under the control of personal interests, and it is difficult to standardize. Two, the external environment, there is a lack of national accounting management and social audit supervision, resulting in illegal benefits, and the phenomenon of law enforcement losses can not be solved for a long time.

The external constraint is weak, so that some of those who are in power want to expand and do whatever they want.

The control of accounting status makes accountants a tool for others to abuse their power for personal gain.

Therefore, the challenge of accounting environment to the standardization of accounting behavior has become an important factor in the difficult development of accounting and scientific development.

Five, the challenge of knowledge economy accounting to traditional accounting.

With the further integration of China's economy into the world economic system, the process of knowledge-based Chinese enterprises has been greatly accelerated, and many enterprises have become knowledge-based enterprises.

This requires enterprises to establish and perfect the knowledge economy accounting system.

One is to break through traditional accounting and regard enterprises as simple profit organizations.

We should establish the concept of social responsibility, establish and improve the social responsibility accounting system, and confirm and measure the social responsibilities of enterprises and the social costs that should be paid for social responsibility.

For enterprises, not only examine their own benefits, but also assess social benefits; two, we must break through the traditional accounting system centered on material capital (i.e. traditional capital), take human resources as capital, take human capital as the center, share human capital with material capital, and establish human resource accounting system, confirm and measure the value of human resources, excavate human potential and talent intelligence, and enhance enterprise competitiveness; three, we should break through the traditional accounting methods based on physical assets, adapt to the characteristics of intangible assets of knowledge-based economy enterprises, establish and improve the accounting system of intangible assets, carry out all directional recognition and measurement of intangible assets of enterprises, and take intangible assets as the main objects of accounting.

Six, enhance the competitiveness of enterprises and challenge the quality of accounting management.

Financial management is in the central position of enterprise management. Under the current system of financial and accounting integration, the increasingly fierce market competition requires accountants to take part in enterprise management, and become a good assistant for enterprise managers, so as to enhance the competitiveness of enterprises.

However, most of the accounting personnel in our country are accounting personnel who are not suited to the requirements of accounting management.

Seven, strategic management accounting challenges traditional accounting.

Strategic management accounting is the embodiment of business strategy management in accounting management. Its prominent characteristics are long-term, overall, guiding and competitive.

The main purpose is to provide accounting information for external market and competitors, analyze the position of enterprises in competition, and help enterprises formulate and implement strategic plans.

Strategic management accounting stands at a long-term development level.

In order to enhance the competitiveness of enterprises, it not only attaches importance to quantity, but also pays more attention to information orientation and development trend. Through a series of strategic performance indicators, it helps decision-makers understand their position in competition and competitors, including cost, price and market share.

Eight, the challenge of accounting artistry to the scientific nature of accounting.

Accounting is a science as well as an art. It is scientific and artistic as well as precise and vague.

The quality characteristics of accounting information, that is, authenticity, comprehensiveness, comparability, relevance, timeliness and so on, determine that accounting is the science of emphasizing accuracy.

But because accounting reflects the material movement in the form of value, this reflection is accomplished by the price of monetary form, and the price is often deviated from the value. This is the result of interdependence and mutual divergence between material movement and value movement, so accounting is bound to be fuzzy.

The contradiction between accounting principles, such as the contradiction between the timeliness and authenticity of accounting, the contradiction between comprehensiveness and importance, also weakens the truthfulness of accounting.

From the choice of accounting methods (such as depreciation methods of fixed assets, years of choice, the choice of valuation methods, etc.), accounting makes it difficult to be precise.

Nine. Challenges to accounting management from the development of multiple economic sectors.

The rapid development of various economic components.

As a result, the number of non-public enterprises has increased greatly, and their accounting personnel have been mixed up.

This is undoubtedly a challenge to accounting management. First, from the internal accounting management of enterprises, it is difficult to adapt to the requirements of accounting standardization, managers lack of accounting management experience, and the two is from the external accounting management of enterprises, whether it is organization setup, staffing and management methods.

In all respects, it has not kept pace with the development of the situation. It is only used to manage public ownership units and is not accustomed to managing non-public ownership units.

All these need to be solved through reforming the accounting management system and methods.

Ten, the challenge of global economic integration to nationalization of accounting.

The integration of the world economy requires our accountants to integrate with international accounting. In this respect, we have done a lot of work and carried out the reform of accounting laws and regulations. The key is how to deal with the relationship between accounting internationalization and nationalization in the process of reform.