The report of the audit expectation gap and audit market

<p>After the collapse of Carillion Plc, the big four audit firms received criticisms. This report focuses on the audit expectation gap and the audit market to explain this phenomenon and solve it. The audit expectation gap indicates the gap between what the audit report users expect the auditors to do and what they have done. The audit market contains the competition in the audit industry, and the breaking up of the big four can increase the competition in the audit market. Thus, the public’s trust in audit firms can be increased.</p>

Research on Optimization of Financial Sharing Model Based on Blockchain Technology

<p>The financial sharing model has gradually developed with the rise of group companies, but in the process of development, many problems such as unreasonable overall structure and centralized power have emerged. As a brand-new accounting information application technology, blockchain technology has the characteristics of distributed, decentralized, anti-counterfeiting and traceability, and it can be widely used in many fields. This article starts from the basic architecture of the blockchain, establishes an infrastructure model for the financial sharing model and a specific optimization path, and it finally designs an internal and external “dual chain” structure based on the financial sharing model under the blockchain technology, hoping to be a financial sharing model. The current development dilemma is looking for a new way out.</p>

Application of Biometric Technology in Financial Shared Service Center

With the development of the times, financial shared service center has become more and more diversified and complex and the traditional financial system cannot meet the needs of enterprises. Only by providing services anytime and anywhere can we be invincible. In order to reduce costs and improve efficiency, financial institutions deploy biometric technology in various service channels to ensure user authentication and improve the security and timeliness of business processing. Therefore, this article puts forward the application of biometrics in financial shared service center. In order to verify the advantages of biometric technology, this paper analyzes the efficiency and management cost of biometric technology after it is put into use, and tests the cost change of an enterprise for four consecutive years and the change of personnel age for three consecutive years. Through this analysis, it is concluded that the input of biometric technology is conducive to the control of enterprise cost and the adjustment of personnel structure. In order to further the feasibility of biometric technology, this paper compares the data before and after the reform of enterprise financial system. The results show that the efficiency of financial business processing has increased from 5.8 days to 0.41 days, and the efficiency has increased by 14.15 times, which is in the international high level, and the financial shared service center is more intelligent and efficient. Through the analysis, the research in this paper has achieved ideal results and made a contribution to the application of biometric technology in financial shared service center.

Research on the Internal Control of Commercial Banks Based on Five Elements of COSO—Take Shanghai Pudong Development Bank as an Example

With the rapid development of economy, the business volume of China’s commercial banks is increasing day by day. At the same time, the internal control problems of commercial banks have also been highlighted in the frequent violations of commercial banks in recent years, and many commercial banks have been punished successively. In order to continuously improve the internal control level of China’s commercial banks and reduce the incidence of banking violations, this paper analyzes the internal control of Shanghai Pudong Development Bank (SPDB) based on the five elements of COSO internal control framework, and explores some problems existing in the internal control of China’s commercial banks, and analyzes the internal control of commercial banks from different aspects. Targeted measures and suggestions for the control system are also put forward.

Research on the Realization of Internal Audit Path for SMEs

<p>Compared with large enterprises such as state-owned enterprises, small and medium-sized enterprises pay far less attention to internal audit. Some small and medium-sized enterprises have a weak sense of internal audit, and some internal audit systems even exist in name only. After realizing the seriousness of this problem, researches that analyze small and medium-sized enterprises have find the SMEs internal audit, implementation path existing problems: the lack of independence of internal audit, the low comprehensive quality of internal audit personnel, the ineffective implementation of internal audit system, the backward auditing technology and methods, and solutions to problems are put forward.</p>

Research on the Development of Accounting Internal Audit System of Listed Companies

<p>With the rapid development of China’s market economy, listed companies are the backbone of China’s national economic growth and economic structure optimization, and they promote the continuous development of China’s economy. However, in order to better adapt to the development needs of today’s society and the needs of social and economic system construction, China’s listed companies have begun to effectively adjust their internal management systems, especially most of them have started to adjust their financial management systems in detail. This paper analyzes the problems existing in the internal audit of listed companies in China, and puts forward corresponding countermeasures.</p>

Research on the Transformation from Financial Accounting to Management Accounting in the Age of Artificial Intelligence

<p>With the constantly development of artificial intelligence, the intelligent level of financial accounting is improving, and is gradually changing in the direction of management accounting. Based on this, this article briefly discusses the influence on financial accounting in the age of artificial intelligent, and puts forward a series of strategies for financial accounting to manage accounting transformation in order to operate in a more efficient way in finance.</p>

Application of Blockchain Technology in the Field of Accounting Supervision

<p>Accounting supervision, one of the most basic functions of accounting, plays an extremely important role in accounting subject. As a new term in the field of information technology, blockchain technology has been continuously developed and improved in recent years, and it has gradually become a social focus. This paper introduces that blockchain can supervise accounting more effectively with its characteristics of openness, transparency, de credit, tamper proof and timing. Accounting supervision is a guarantee system to improve the quality of accounting information, but in recent years, due to the weakening of the ability of accounting supervision, financial fraud occurs from time to time. Because accounting supervision is not enough, accounting information is distorted and capital market is confused. Therefore, this paper analyzes the application of new information technology combined with accounting supervision, the reasons for weakening and the solutions.</p>

Differences in Accounting and Tax Treatment of Intangible Assets in Self-developed Enterprises

<p>In order to respond positively to the national support for the innovation ability of small and medium-sized enterprises and reduce the operating burden of small and medium-sized enterprises, corresponding policy regulations has been made in the field of accounting and tax law for enterprises in dealing with intangible assets. This article takes the self-developed intangible assets as the starting point, probes into the differences in accounting and tax law treatment, explains the tax effect it brings about to enterprises based on the differences between the two, and puts forward suggestions of improvement on the unclear identification of expense and capitalization.</p>

Problems and Countermeasures of Internal Audit Quality Control in Chinese Enterprises

<p>With the development of society, enterprises in China has become an indispensable pillar, and much attention has been paid to the quality control of internal audit. Under the background of research on enterprise internal audit quality control, this paper expounds the importance of enterprise internal audit quality in strengthening management norms, maximizing enterprise interests and maintaining the enterprise's own reputation. The shortcomings and problems of enterprise internal audit quality are analyzed. It also puts forward some solutions around the low comprehensive quality of personnel, the lack of independence of audit institutions, imrigorous review procedures, imperfect laws and regulations and so on.</p>