The aftermath of Enron was not smooth, and new scandals broke out frequently in big companies such as WorldCom, Xerox and Orix in Japan, and the distortion of accounting information has become a global problem. So, what caused the distortion of accounting information? Our view is that the distortion of accounting information is a problem of accounting professional ethics. The reasons are as follows:
First, the professional ethics of accountants directly determines the quality of accounting information. Accounting information is processed or processed accounting data, and accountants are its direct producers. Accounting information products have problems, and accountants obviously cannot escape the blame. Mr. Pan Xulun, the sage of accounting, once said: "The professional ethics of accountants should be integrated with morality, responsibility and business technology." Therefore, the morality of accounting practitioners is the primary factor to determine the quality of accounting information.
second, the lack of accounting professional ethics leads to technical distortion. Dante has a famous saying: "A person with incomplete knowledge can make up for it with morality, but a person with incomplete morality is difficult to make up for it with knowledge." He also said: "the ability is insufficient, and the responsibility can be supplemented; The responsibility is not enough and the ability cannot be supplemented. " It can be seen that knowledge and ability are not the problem, but morality and responsibility are the key. As long as accountants have proper professional ethics, technical level will not be a reason to avoid responsibility.
thirdly, the lack of accounting professional ethics leads to illegal distortion. All fraud begins with selling morality. When distortion begins to trample on the law, accountants have gone further and further on this road. From the formation of motivation to the realization of the process, it all stems from the deviation from morality and contempt for law. A moral person, a law-abiding person, will put honesty and integrity first, and laws and regulations first, so as to "adhere to the standards and not make false accounts."
fourth, the lack of accounting professional ethics leads to the distortion of legitimacy. Distortion of legitimacy refers to taking advantage of the imperfection of existing laws, regulations and institutional norms to play the edge ball. Although the behavior itself is not illegal, it deviates from morality, because speculation itself is an immoral behavior.
To sum up, we believe that if every accountant
has professional ethics, the quality of accounting information can be guaranteed from the source and distortion can be prevented; We can create a good social atmosphere and environmental conditions, and make the production of accounting information products enter a virtuous circle. Hugo said: "Morality is the foundation of society." The foundation is not firm, and the earth shakes! Professional ethics is a stone that can knock out the fire of hope; Professional ethics is a fire that can light the lamp of life; Professional ethics is a lamp, which can illuminate the road of mankind; Professional ethics is the way, which can lead us to a tomorrow without false accounts!
Therefore, we appeal: "For the peace of your soul and the safety of your personal fortune, please improve your professional ethics and provide true accounting information for the vast number of information users!"
Author: Yong Yang Rong Xiaohong Liu Chen originally published in Finance and Accounting, No.1, 24
The reporter learned from people familiar with the matter that the main reason for PwC's punishment this time was the audit of two listed companies, BOE and Huangshan Tourism. The inspection by the Ministry of Finance found that in 22, Huangshan Tourism invested 44 million yuan in securities investment, and by March 24, it lost 18.52 million yuan, which was not truthfully reflected in the annual reports of 22 and 23. In addition, in 22, the company also had an improper asset transaction of 37 million yuan. It is understood that PricewaterhouseCoopers Zhongtian has provided audit services for Huangshan Tourism for 8 years before the first extraordinary shareholders' meeting in 25 deliberated and approved the replacement of accounting firms.
the problem in jingdong is bigger. BOE announced on April 15th this year that according to the relevant requirements, the company corrected and retroactively adjusted the accounting errors in 23, and there were as many as six accounting errors that needed to be corrected in 23, involving excessive carry-over costs, insufficient financial expenses, excessive investment income, and omitted bank loans. After adjustment, BOE's net profit in 23 decreased by 42.2 million yuan, and its retained earnings decreased by 16.81 million yuan. On January 11th, 25, BOE deliberated and passed the proposal of not renewing the appointment of PricewaterhouseCoopers Zhongtian Certified Public Accountants Co., Ltd. at the second extraordinary general meeting of shareholders in 24.
Take a look at the cases of the four major accounting firms in China
26-7-1 1:8:17 Northeast News Network
Taking advantage of the opportunity of substituting for the cashier to embezzle 73, yuan, the accountant reduced the income on the income registration form and accounting statements and made 739,8 yuan. Yesterday morning, when Wang Qi (a pseudonym), an accountant in the charge department of the Finance Department of the Second Affiliated Hospital of the former Heavy Medical University, was tried in Yuzhong District Court for alleged corruption, she bluntly said that the financial management of the unit was not strict and gave her a chance. Wang Qi, a 35-year-old from Yuzhong District, who is also an accounting cashier, joined the Finance Department of the Second Affiliated Hospital of Chongqing Medical University in August 1995 as an accountant. Usually, when the cashier has something to go out, Wang helps to cover for him. According to the prosecution's allegations, from February 21 to November 25, Wang Qi took advantage of the opportunity to cover for the cashier to commit crimes. She reduced the amount registered on the daily collection form, and then made it into the accounting statement, and easily pocketed the hospital public funds. Wang usually only has one or two replacement opportunities every month, but after five years, she actually swallowed 739,8 yuan of public funds. At the end of last year, the Second Affiliated Hospital of Heavy Medical University updated the financial software, and accidentally checked the original vouchers of a certain day's income, only to find that the accounts were wrong. They immediately called Wang Qi, who was on duty that day, to ask, and Wang quickly paid back 2, yuan to the unit account, and then returned 43, yuan. On March 2 this year, Yuzhong District Procuratorate received a report that Wang Qi was suspected of corruption, so he summoned Wang Jin. Wang frankly confessed his modus operandi. Afterwards, the procuratorate recovered 34, yuan from his personal account. Wang said that he usually pays attention to food and clothing, and the rest of the money has been used to buy clothes and jewelry, treat people to dinner, play cards, etc., and has been squandered. Complaining about the unit system made her get deeper and deeper into court. When talking about her five-year-old child, Wang Qi burst into tears. She said that her parents were heartbroken for her and fell ill in bed and could not come to the trial. Wang admits that she is greedy, but the chaotic financial management of the unit has created objective conditions for her to get deeper and deeper. Wang Qi said that other accountants in the office had replaced the cashier. This was confirmed in the testimony of her colleague. Wang said that it is not in line with financial management regulations to entrust the work of accounting and cashier to one person. In fact, her modus operandi is very simple. As long as the original bills are checked regularly, it is easy to find loopholes. "If the financial system of the unit is strict, I will find out what I did as soon as possible, and I will not go to this step today." The trial ended after only one hour, and the judge decided on a date. Several colleagues who attended the audit only said that "Wang Qi is friendly to others on weekdays and has a good relationship with colleagues", and they don't want to talk more. Reporter Wang Ming Chen Liang Intern Chen Rong Sun Yu
On November 8, 21, Enron was forced to admit that it had made false accounts, and the number of false reports was jaw-dropping: since 1997, Enron has falsely reported profits of nearly $6 million!
who should be responsible for Enron?