What Are the Different Fund Accountant Jobs?

The notice on strengthening and improving the auditing system of the foundation's certified public accountants is a document issued by relevant government departments.

Notice on Strengthening and Improving the Auditing System of Foundation Certified Public Accountants

This entry lacks an overview map . Supplementing related content makes the entry more complete and can be upgraded quickly. Come on!

The notice on strengthening and improving the auditing system of the foundation's certified public accountants is a document issued by relevant government departments.

Chinese name

Notice on Strengthening and Improving the Auditing System of Foundation Certified Public Accountants

Unit

Ministry of Finance and Civil Affairs

Part of speech

noun

Classification

file

The Ministry of Finance and the Ministry of Civil Affairs on strengthening and improving the audit system for registered accountants of foundations

The foundation shall employ an accounting firm to audit the financial and accounting reports and related information of the unit, and disclose the financial and accounting reports and audit reports in accordance with law, and accept the supervision of the public. In order to perform the supervisory duties, the registration management agency may also directly entrust an accounting firm to audit the foundation.

(1) Annual audit.

The foundation shall submit the annual financial and accounting report audited by a certified public accountant and the audit report issued by an accounting firm to the registration management authority before March 31 of each year, and accept the annual inspection; meanwhile, submit the annual financial accounting report to the registration management authority It is announced on the designated unified information disclosure platform and accepts the inquiry and supervision of the public.

The foundation's annual financial and accounting reports can be disclosed separately or included in the annual work report. When applying for pre-tax deductions for non-profit organizations, tax exemption status of non-profit organizations, and handling tax exemption procedures in accordance with relevant laws and regulations, the foundation shall submit relevant information such as annual financial accounting reports and audit reports to the registration management in accordance with the relevant documents. Organs and their fiscal and taxation departments at the same level.

(2) Audit of departure and reelection.

1. When the legal representative changes, the foundation shall report to the registration management agency an audit report on the performance of the economic responsibility of the legal representative during his term of office, and submit an audit report to the registration management agency. Social announcement.

2. When the board of directors renews, the foundation shall submit to the registration management agency an audit report issued by a certified public accountant that audits and evaluates the true, legal, and effective status of the financial revenue and expenditure of the board of directors during the term of the board of directors, and submits audit recommendations in accordance with the registration management agency. The requirements were announced to the public.

(3) Special audit.

When the foundation carries out the following activities, it shall conduct special audits, and submit the special audit report audited by a certified public accountant to the registration management organ after the end of the activity, and make it public to the society in accordance with the requirements of the registration management organ.

1. Major public welfare projects that meet one of the following conditions:

(1) The donation income of the project in that year accounted for more than 1/5 of the total donation income of the foundation in that year and the amount exceeded RMB 500,000;

(2) The expenditure of the project in that year accounts for more than 1/5 of the total expenditure of the foundation in that year and the amount exceeds RMB 500,000;

(3) It lasts more than 3 years.

2. Fund-raising activities required to participate in handling emergencies such as natural disasters.

3 Other activities required by the registration management agency for special audits.

Fund audit funding consists of one or more of the following sources:

(1) The foundation shall bear the responsibility.

The foundation shall bear the audit costs on its own in accordance with the "Fund Management Regulations" and other relevant requirements.

(2) Financial funds.

In accordance with the management authority of the foundation, the central and local finances arrange certain funds for use by the registration management agency in the following three situations:

1. If the foundation is unable to bear the audit costs due to financial difficulties, it may apply to the registration management agency for funding, and the registration management agency may provide full or a certain percentage of funding depending on the degree of difficulty. Relevant applications and administrative measures shall be separately formulated by the registration management agency and the financial department at the same level.

2. For foundations with perfect internal governance structure, transparent financial management, standardized operation of public welfare projects, higher evaluation levels, and qualifications for both pre-tax deduction of non-profit donations and tax exemption for non-profit organizations, the registration and management authority can fully or partly bear Audit costs.

3 In order to perform the supervision duties, the registration management agency directly entrusts the accounting firm to audit the foundation, and the auditing costs shall be borne by the registration management agency.

The registration management organ shall pay the audit fees to the trustee accounting firm in accordance with the state treasury centralized payment management system and the contract agreement.

(3) Public welfare audit of accounting firms.

The finance and civil affairs departments encourage accounting firms to provide public welfare audit services for some foundations that do have difficulties. The provision of public welfare auditing services by accounting firms is an important form of fulfilling social responsibilities. The Chinese Institute of Certified Public Accountants and the Local Association of Certified Public Accountants should take into account the specific comprehensive annual evaluation rankings of accounting firms nationwide and provinces (autonomous regions and municipalities).

(1) Selection and employment scope.

The accounting firm that audits the foundation registered with the Ministry of Civil Affairs should enter the top 100 of the national accounting firm's comprehensive evaluation of the previous year announced by the Chinese Institute of Certified Public Accountants; or have more than three years (including three years) engaged in foundation or Other non-profit organizations have experience in audit work, and the number of certified public accountants is more than 15 people, and the audit business income in the previous year was more than 6 million yuan.

Accounting firms that perform audits on foundations registered with provincial or below civil affairs departments should be among the top 100 in the comprehensive evaluation of national accounting firms; or have more than three years (including three years) engaged in auditing of foundations or other non-profit organizations Work experience, and the number of certified public accountants is more than 10, and the audit business income in the previous year was more than 3 million yuan.

(2) Selection and employment methods.

The foundation and its registration and management organs may choose to appoint an accounting firm by themselves within the above-mentioned scope. Among them, those who use financial funds to hire an accounting firm shall select an accounting firm in accordance with the relevant provisions of the government procurement system.

Related requirements

Strengthening audit work and strengthening social supervision is not only an effective measure to improve the credibility of the foundation, but also an important means for registration management agencies and other relevant departments to supervise according to law.

(1) Financial departments and civil affairs departments at all levels should attach great importance to this work, provide guarantees for accounting firms to do a good job of auditing in accordance with laws and regulations, strengthen business training for accounting firms and foundations, increase inspection efforts, and ensure that The relevant provisions of the notice were implemented.

(2) Each foundation should profoundly understand the significance of strengthening and improving the audit system, actively cooperate with the audit work of the certified public accountants, provide the necessary information for the audit in a timely manner, and be responsible for the authenticity and legality of the information provided. The foundation should take this as an opportunity to strengthen project management, revenue and expenditure management and cost accounting, and continuously improve the level of financial management and accounting.

(3) The accounting firm participating in the audit of the foundation shall organize competent auditors to carry out the work in accordance with laws and regulations and the requirements of the client, strictly abide by the auditing standards and professional ethics requirements, carefully complete various auditing work, and audit reports. Is responsible for the authenticity and legitimacy.

(4) This notice shall come into effect on January 1, 2012. Considering the continuity of the foundation's audit work, if it is really necessary, the foundation can continue to hire the original accounting firm to conduct the audit work when it participates in the annual inspection in 2011. However, when the annual inspection work starts in 2012, a qualified accounting firm must be hired to carry out the audit work in accordance with the requirements of this notice.

(5) This notice applies to foundations registered with the civil affairs department, representative organizations of overseas foundations, and other non-profit social organizations that are eligible for deductions before non-profit donations.

Ministry of Finance and Civil Affairs

December 26, 2011