What are the problems in the accounting system?

Although the current account setting of public institutions takes into account the general law of fund operation of public institutions and makes relevant provisions on foreign investment and non-independent accounting that may occur when public institutions go to the market, it sometimes ignores the special law of fund operation of public institutions serving the market under the market economy system, which leads to some gaps in the account system of public institutions and the lack of evaluation effect of departmental funds? It is not conducive to truly reflecting the actual use efficiency of the unit's own funds.

1.2 accounting distortion of fixed assets

The accounting of fixed assets in China's accounting system is not comprehensive enough. When acquiring fixed assets, only the actual cost value is recorded? Increase fixed assets and fixed funds? However, the wear value and depreciation of fixed assets are not accounted for in subsequent use, because depreciation expenses are not considered in the actual business cost accounting of the unit? It will make the cost accounting not in place, and then the phenomenon of accounting distortion will appear. This fixed assets accounting method directly inflated the total assets of the unit? Therefore, it cannot truly and accurately reflect the asset accounting status of the unit.

1.3 accounting statement information is not accurate enough.

The financial statements of enterprises are composed of balance sheet, cash flow statement and income statement, while the financial statements of institutions are mainly composed of balance sheet and income statement. The financial balance formula of this balance sheet is: assets+income = liabilities+expenses+net assets; The combination of financial status information and business information confuses the accounting information of the period and time point. Furthermore, the unit does not prepare a cash flow statement, which can not accurately reflect the cash receipts and payments of the unit, which is not conducive to the decision-making management of the unit leaders based on accounting information, and it is also easy for external users to make wrong judgments on the financial situation and information of the unit.

1.4 problems in accounting supervision

With the deepening of economic system reform and the development of economic diversification, the problem of lack of effective guarantee of accounting supervision function has become increasingly prominent. In the process of supervision, some vague concepts about accounting supervision and audit supervision have weakened accounting supervision. In addition, the internal supervision system is not perfect, and the control of economic activities before, during and after the event is not strict, which also leads to the formalization of accounting supervision, and even can be said to be ineffective. In this way, the economic activities and accounting work of the unit itself are in a state of poor supervision, resulting in a large number of violations of discipline. In addition, the accounting personnel in the department have a weak sense of supervision, a weak sense of legal system, a lack of awareness of occupational risks, and a weak ability of professional judgment and self-control. Under the control of the idea that power is greater than law, they deliberately tamper with accounting information, which makes the distortion of accounting information inevitable.