Audit Storm
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Audit Storm
Audit storm (Chinese: 审计风暴) was a phrase that Chinese media coined to describe the auditing campaigns initiated by the National Audit Office of China. In 2003, Auditor General Li Jinhua presented the annual audit report to the Standing Committee of the National People's Congress. He openly disclosed the severe irregularities committed by many ministries and other government agencies. This report was posted to the official website of the NAO. It was the first time that the audit report was published to the public. This received significant public attention and was labelled as "audit storm". In June 2004, Li Jinhua again submitted bold auditing report to the NPC's Standing Committee and disclosed many major problems in government. Nearly 600 people were punished for being involved in irregularities. The term of "audit storm" was coined in 2003 for the NAO's audit report of that year. Later, Auditor General Li Jinhua retroactively named the 1999 audit report as the firs ...
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Chinese Character
Chinese characters () are logograms developed for the writing of Chinese. In addition, they have been adapted to write other East Asian languages, and remain a key component of the Japanese writing system where they are known as ''kanji''. Chinese characters in South Korea, which are known as ''hanja'', retain significant use in Korean academia to study its documents, history, literature and records. Vietnam once used the '' chữ Hán'' and developed chữ Nôm to write Vietnamese before turning to a romanized alphabet. Chinese characters are the oldest continuously used system of writing in the world. By virtue of their widespread current use throughout East Asia and Southeast Asia, as well as their profound historic use throughout the Sinosphere, Chinese characters are among the most widely adopted writing systems in the world by number of users. The total number of Chinese characters ever to appear in a dictionary is in the tens of thousands, though most are grap ...
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People's Republic Of China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, o ...
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National Audit Office Of The People's Republic Of China
The National Audit Office of the People's Republic of China is the supreme audit institution in the People's Republic of China. It was established in 1983 according to the Constitution. It is a cabinet-level executive department of the State Council and under the leadership of the Premier. List of Auditors General The Auditor General is the head of the NAO. See also * " Audit storm" () * Audit Office of the Central Military Commission * National Supervisory Commission * Ministries of the People's Republic of China * National Audit Office (United Kingdom) The National Audit Office (NAO) is an independent Parliamentary body in the United Kingdom which is responsible for auditing central government departments, government agencies and non-departmental public bodies. The NAO also carries out va ... References External links * * {{State Council of the People's Republic of China China State Council of the People's Republic of China Organiz ...
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China Daily
''China Daily'' () is an English-language daily newspaper owned by the Central Propaganda Department of the Chinese Communist Party. Overview ''China Daily'' has the widest print circulation of any English-language newspaper in China. The headquarters and principal editorial office is in the Chaoyang District of Beijing. The newspaper has branch offices in most major cities of China as well as several major foreign cities including New York City, Washington, D.C., London, and Kathmandu. The paper is published by satellite offices in the United States, Hong Kong, and Europe. ''China Daily'' also produces an insert of sponsored content called ''China Watch'' that has been distributed inside other newspapers including ''The New York Times, The Wall Street Journal'', ''The Washington Post'', and '' Le Figaro''. Within mainland China, the newspaper targets primarily diplomats, foreign expatriates, tourists, and locals wishing to improve their English. The China edition ...
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Li Jinhua
Li Jinhua (; born July 1943) is a retired government official in the People's Republic of China. Biography Li Jinhua was born in Rudong, Jiangsu in 1943. In 1963, he was admitted to the Central Institute of Finance and Economics. After graduating in the fall of 1966, Li was dispatched to the mountainous Shaanxi province to teach at the Northwest Institute of Finance and Economics. In 1971, Li Jinhua became an accountant for the aircraft factory number 572 in Shaanxi. He worked there for the next 14 years, and rose to become the factory's director. In 1985, Li became the Deputy Auditor General. Li became the Auditor General of the National Audit Office of China in 1998, and was appointed to his second term in 2003. He was named Person of the Year by ''Southern Weekend ''Southern Weekly'' (literally ''Southern Weekend;'' ), is a Chinese weekly newspaper based in Guangzhou, and is a sister publication of the newspaper ''Nanfang Daily''. History and profile ''Southern Week ...
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Audit
An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon.” Auditing also attempts to ensure that the books of accounts are properly maintained by the concern as required by law. Auditors consider the propositions before them, obtain evidence, and evaluate the propositions in their auditing report. Audits provide third-party assurance to various stakeholders that the subject matter is free from material misstatement. The term is most frequently applied to audits of the financial information relating to a legal person. Other commonly audited areas include: secretarial and compliance, internal controls, quality management, project management, water management, and energy conservation. As a result of an audit, stakeholders may evaluate and improve the effectiveness of risk management, control, and governanc ...
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Standing Committee Of The National People's Congress
The Standing Committee of the National People's Congress of the People's Republic of China (NPCSC) is the permanent body of the National People's Congress (NPC) of the People's Republic of China (PRC), which is the highest organ of state power and the legislature of China. Although the parent NPC has superiority over the Standing Committee, and certain authorities are not delegated, the Standing Committee is generally viewed to have more power, albeit inferior to its parent, as the NPC convenes only once a year for two weeks, leaving its Standing Committee the only body that regularly drafts and approves decisions and laws. History In 1954, the 1st National People's Congress was held in Beijing, which became the statutory parliament of the People's Republic of China. The Standing Committee was established as its permanent body. The 1954 Constitution of the People's Republic of China stipulates that "the National People's Congress is the sole organ that exercises the legisl ...
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Committee
A committee or commission is a body of one or more persons subordinate to a deliberative assembly. A committee is not itself considered to be a form of assembly. Usually, the assembly sends matters into a committee as a way to explore them more fully than would be possible if the assembly itself were considering them. Committees may have different functions and their types of work differ depending on the type of the organization and its needs. A member of a legislature may be delegated a committee assignment, which gives them the right to serve on a certain committee. Purpose A deliberative assembly may form a committee (or "commission") consisting of one or more persons to assist with the work of the assembly. For larger organizations, much work is done in committees. Committees can be a way to formally draw together people of relevant expertise from different parts of an organization who otherwise would not have a good way to share information and coordinate actions. They may ...
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People's Daily Online
The ''People's Daily'' () is the official newspaper of the Central Committee of the Chinese Communist Party (CCP). The newspaper provides direct information on the policies and viewpoints of the CCP. In addition to its main Chinese-language edition, the ''People's Daily'' is published in multiple languages. History The paper was established on 15 June 1948 and was published in Pingshan, Hebei, until its offices were moved to Beijing in March 1949. Ever since its founding, the ''People's Daily'' has been under direct control of the CCP's top leadership. Deng Tuo and Wu Lengxi served as editor-in-chief from 1948 to 1958 and 1958–1966, respectively, but the paper was in fact controlled by Mao Zedong's personal secretary Hu Qiaomu. During the Cultural Revolution, the ''People's Daily'' was one of the few sources of information from which either foreigners or Chinese could figure out what the Chinese government was doing or planning to do. During this period, an editorial in ...
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Shenzhen Daily
''Shenzhen Daily'' is an English-language newspaper published in Shenzhen Shenzhen (; ; ; ), also historically known as Sham Chun, is a major sub-provincial city and one of the special economic zones of China. The city is located on the east bank of the Pearl River estuary on the central coast of southern provi .... Established on July 1, 1997, Shenzhen Daily is the first local English-language daily on the southern Chinese mainland. History ''Shenzhen Daily'' began publication in 1997 as a sister newspaper to its Chinese-language counterpart. It is currently the only English-language daily newspaper in southern Mainland China. References Daily newspapers published in China English-language newspapers published in China Mass media in Shenzhen Newspapers established in 1997 1997 establishments in China {{PRChina-newspaper-stub ...
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Sina
Sina may refer to: Relating to China * Chin (China), or Sina (), old Chinese form of the Sanskrit name Cina () ** Shina (word), or Sina ( ja, 支那, links=no), archaic Japanese word for China ** Sinae, Latin name for China Places * Sina, Albania, or Sinë, village in Dibër County, Albania * Sina, Iran ( fa, سينا, links=no), a village in Isfahan Province, Iran * Sena, Iran (), also romanized as Sina, a village in Bushehr Province, Iran * Sina Rural District, in East Azerbaijan Province, Iran * Sina District, in San Antonio de Putina Province, Peru People * Ali Sina (activist), pseudonym of the founder of several anti-Islam and anti-Muslim websites * Sina Ashouri (born 1988), an Iranian soccer-player * Ibn Sīnā (c. 980 – 1037), Avicenna, a Persian physician, philosopher, and scientist * Elvis Sina (born 1978), an Albanian soccer-player * Jaren Sina (born 1994), Portugal-born American basketball player of Kosovar origin * Melek Sina Baydur (born 1948), Turki ...
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Auditing
An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon.” Auditing also attempts to ensure that the books of accounts are properly maintained by the concern as required by law. Auditors consider the propositions before them, obtain evidence, and evaluate the propositions in their auditing report. Audits provide third-party assurance to various stakeholders that the subject matter is free from material misstatement. The term is most frequently applied to audits of the financial information relating to a legal person. Other commonly audited areas include: secretarial and compliance, internal controls, quality management, project management, water management, and energy conservation. As a result of an audit, stakeholders may evaluate and improve the effectiveness of risk management, control, and governan ...
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