Ministry of Finance Issues the "15th Five-Year Plan" for Accounting Reform and Development
2026-11-11 14:04:47
According to CoinMeta, the Ministry of Finance recently issued the "15th Five-Year Plan for Accounting Reform and Development," which proposes to severely crack down on illegal and irregular activities such as fabricating economic transactions, inflating profits to beautify financial statements, and preparing false financial accounting reports. The plan emphasizes the need to strictly enforce laws and regulations such as the Accounting Law, to clarify the responsibilities of various entities, to establish a responsibility system with clear rights and obligations, and to focus on industries and key areas that are vital to national economy and people's livelihood. It also calls for continuous inspections of the quality of accounting information, with the goal of "clearing up existing issues and preventing new ones" and to seriously investigate and punish financial fraud.
Source:Jin10 Data
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