Petrochemical Association system financial audit is about to begin

The China Petroleum and Chemical Industry Association plans to use three months from July to conduct internal audits of its financial institutions in charge of its directly-affiliated institutions and sponsoring professional associations and societies, and to mainly audit the financial situation in 2007.
This was revealed by Li Yongwu, president of the Petrochemical Association, at a financial auditing seminar organized by the Petrochemical Association yesterday. Li Yongwu requested various units within the system: First, it is necessary to conscientiously study and implement the spirit of the “Several Opinions on Accelerating the Reform and Development of Trade Association Chambers of Commerce”. It is necessary to combine the practical experience of the unit and sum up experience to find out what exists in the work. Problems, develop improvement measures. Leading cadres and financial staff must master relevant national policies, laws, and regulations, and increase their sense of responsibility and mission to do a good job in financial work. Second, we must attach great importance to financial audit work. The financial auditing work is related to the development of the unit and the immediate interests of the employees. All units should pay great attention to it, further improve the various systems of financial management, emphasize the management of the pre-financial accounts, and prevent problems in the implementation of budget preparation. Third, the petrochemical association system needs to further strengthen its auditing work. It must not only pay attention to financial analysis, but also pay attention to internal management and internal control. After audits are conducted, the post-supervision will supervise changes in the whole process before, during, and after the incident, from the discovery and disclosure of problems to Based on this, we can better solve the problem change.
At the financial auditing lecture, Jia Youchang, director of the National Audit Office of the SASAC's Audit Bureau, Liu Maoxun, the deputy director of the SASAC's agency service bureau, and Xu Hua, the deputy director, introduced the SASAC's system auditing and job requirements.

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