英文目录

Highlights in This Issue

Optimize the top-down design and improve the quality of IT construction for the accountancy profession

Dr. Chen Yugui, Secretary General of CICPA, points out that optimizing the top-down design is the starting point to advance IT construction for the accountancy profession. In order to deliver a good top-down design, we need to carry out the consultation project for IT construction successfully. The basic requirements of the top-down design of the Management and Service Information System for the Accountancy Profession are interconnection, uniform coding, authorization management, filing synchronization, as well as being open and sharing. The basic requirement of the top-down design of Accounting Firms Information System is to support intelligent, interconnected and mobile services by accounting firms. The basic requirement of the Cohesive Office System of secretariats of CICPA and local CPA institutes is to realize knowledge-sharing and decision-making support.

Research on audits using big data techniques under the shared financial service model

In the era of big data, the shared financial service centers that enterprises are actively exploring and setting up have provided a good foundation for conducting audits using big data techniques. This article presents an analysis on the data pre-processing before being used in audits under shared financial service model, which includes collection, cleaning and storage of big data. On this basis, the author builds up a framework for conducting audits using big data techniques under the shared financial service model. The paper also explains the detailed steps, and provides theoretical guide for implementing audits using big data techniques under shared financial service model.

Strength of power, internal control and real earnings management of companies

By taking the A share companies listed in China between 2010 and 2013 as a sample, this article conducts an empirical research on the relation among strength of power, internal control and degree of earnings management of companies. It draws the following conclusions: 1) There is a significant negative correlation between internal control and earnings management. This means internal control has, to some extent, restrained real earnings management behavior. 2) The extent of separation of ownership and control by major shareholders is negatively correlated with the degree of real earnings management. 3) When looking into the relation among the extent of separation of ownership and control, internal control and real earnings management, the author finds that the extent of separation of ownership and control by major shareholders will reduce the negative correlation between internal control and real earnings management.