Financial sector supervision and inspection methods within
Financial sector supervision and inspection methods within
Ministry of Finance Order No. 58
In order to regulate the financial sector the first internal supervision
and inspection and guarantee the financial sector the effective
implementation of internal supervision and inspection, according to
"The People's Republic of China Budget Law," "The People's
Republic of China Accounting Law" and other laws of the relevant
Second above the county level financial departments (hereinafter referred
to as the financial sector) for the internal supervision and inspection,
the application of this approach.
Article The term financial sector supervision and inspection within, is
the unified leadership of the financial sector, financial supervision
agency to implement, and on the operational management of agencies within
the department and sent bodies to carry out financial management
responsibilities, the departments and their subordinate units budget,
finance and asset management, internal control of the department the
supervision and inspection.
Article shall supervise the financial sector, focus on prevention and
standardized management of Ô-Ôò in-house supervision and inspection,
Cujin Ben ²¿ÃÅ their personnel, with national legal systems, internal
Kong Zhi Jiang Hua, Fang Fan manage risk, enhance management efficiency,
Tuijin clean government.
Superior financial sector supervision and guidance of subordinates should
be carried out within the financial sector supervision and inspection.
Article financial sector supervision and inspection within the major
leaders responsible for the implementation of the system. Person
primarily responsible for the financial sector within the department has
overall responsibility for supervision and inspection, in charge held
directly responsible leadership.
Article VI of the financial sector should implement internal supervision
and inspection of the following matters:
(A) budget preparation, budget implementation, budget adjustments and
management of accounts, etc.;
(B) the treasury collection and payment, financial and budget management
unit of account, the treasury cash management, government procurement,
supervision and management, treasury and local government debt issuance
and cash management, etc.;
(C) tax relief Taxation Administration in the situation;
(D) non-tax revenue management, financial instrument management, lottery
(E) the management of special funds;
(Vi) the administrative institutions and corporate and financial
management of state assets;
(7) accounting management, registered accountants and asset evaluation
industry regulatory conditions;
(8) foreign governments, international financial institution loans and
(9) and subordinate units of the department's budget, assets and
(10) financial sector to establish internal control systems and
(11) on the audit institutions, the higher the financial sector check,
and the internal supervision and inspection departments and the
rectification of the problems discovered in the implementation;
(12) other needs of supervision and inspection matters.
Article VII of the financial sector should be established to supervise
and inspect the head of internal conferences and internal supervision and
inspection system, the system of internal supervision and inspection
liaison coordination mechanisms.
Head of internal supervision and inspection of special meeting of the
Financial sector is mainly responsible person or persons in charge over
the finance department within the agency or unit responsible for
participants supervision and inspection of internal communications,
internal supervision and inspection of key issues and problems related
Operational management within the financial sector institutions and their
units should set up internal supervision and inspection liaison,
assistance and financial supervision agencies with internal supervision
Article VIII of the internal financial sector supervision and inspection
personnel to staff the main financial supervisory agencies. When
necessary, reported to the finance department is mainly responsible
person or persons in charge of the approval, the financial supervision
institutions could be deployed within the business financial sector
regulatory agencies, sending bodies and their respective units to take
part in the internal supervision and inspection.
In the financial sector-owned units in the internal supervision and
inspection, if necessary, the financial supervision institutions could
employ specialized agencies or personnel with expertise to assist
inspectors to carry out internal supervision and inspection.
Financial sector supervision and inspection personnel to carry out
internal supervision and inspection within the work, must be devoted to
their duties, and supervise and discipline, confidentiality, impartial,
objective, standardized and efficient.
Article financial sector supervision and inspection departments should
focus on internal business administration and dispatch agencies to
fulfill the legality of financial management responsibilities, compliance
and effectiveness of departments and subordinate units of the budget,
financial management and accounting of the legitimacy of authenticity and
integrity of assets, security, financial sector soundness of internal
control, rationality and effectiveness.
Article financial sector financial sector supervision and inspection of
internal controls should be from the control environment, risk
assessment, control measures, information and communication and
supervision in areas such as inspection and evaluation, to detect
deficiencies in internal control, risk prevention management, and promote
sound financial the internal control.
Check the focus of evaluation include: internal control system, the staff
of task performance, risk identification and response, licensing
approval, post separation, identification and verification, the accuracy
of the work of supervision and communication and information validity.
Article financial supervision agencies in accordance with operational
requirements, operational requirements within the financial sector
regulatory agencies, branch offices and affiliated units of the relevant
documents, account forms, certificates and other related information,
relevant agencies and units should be comprehensive, timely delivery, and
The integrity and authenticity of the information provided for.
Article XII of the financial sector should be integrated with the actual
situation of the sector, focus on integrated use of daily supervision and
inspection carried out internal supervision and inspection methods to
achieve management activities of the department supervise the entire
Daily supervision of financial management is the implementation of
activities of daily real-time, dynamic monitoring, including pre-audit,
real-time monitoring, on-site verification, tracking, checking and so on.
Key focus of inspection is defined as the annual inspection program,
organized and implemented in accordance with prescribed procedures
targeted, focused supervision and inspection.
Article XIII of the financial sector should focus on the development and
in accordance with the annual inspection plan, carry out internal
supervision and inspection of the key inspection.
Key annual inspection program by the financial supervision agencies,
reported to the head of the financial sector after the timely notice of
the approval of the relevant business management examination agency,
sending bodies and their respective units.
Financial sector has an annual budget of the department's internal
management functions of business management organization focused on
checking the number of not less than 30% of the number of such
Article XIV of focused inspections should be set up inspection teams, who
were identified by the financial supervision institutions. Inspection
team leader is responsible for the implementation of the system.
Inspectors and the inspected unit or check the items have a direct
interest, it should be avoided.
Article XV financial supervision agencies to implement key inspection
should normally three working days prior to the unit being inspected to
check the notice served.
Check the notice shall include the following:
(A) the name of the inspected units;
(B) to check the basis, scope, content, approach and implementation plan;
(C) of the inspected unit with the specific requirements of the
(D) inspection team leader and other members of the list, contact
(E) financial oversight body seal and date of issue.
Article XVI of major inspection, upon approval, inspectors can check the
units to be economically and business departments and units to verify the
situation. When necessary, according to "financial inspection
measures" (Ministry of Finance Order No. 32) on the issue of
extension of the inspection.
Article XVII of the inspection team inspected units in inspection or
investigation, inquiry, the inspectors shall not be less than 2.
Evidence should be the provider of the signature or seal. Without
obtaining the signature or seal provider, the inspectors shall specify
Inspectors will check the content and issues should be recorded and
extracts, preparation of working papers of the financial inspection by
the relevant personnel unit being inspected and signed or sealed by the
unit being inspected.
Article XVIII of the Inspection Team staff should check the quality of
supervision, and related matters necessary examination and review of
major problems encountered in the implementation of inspections should be
Check the end of Article XIX, the inspection team should check the work
on the basic situation of the unit being inspected on matters such
problems to seek the views of the inspected units. The units being
inspected shall be back within 5 working days. Did not respond within the
prescribed period, and as no objection.
Diershitiao inspection team should be back in the views of the units
inspected within 10 working days to submit the financial supervisory
authority inspection reports.
Inspection report should include the following:
(A) fiscal and financial management of the inspected units, accounting,
internal controls and other basic conditions of operation and the basic
evaluation of the unit;
(B) of the units under inspection violations basic facts, identify the
basis and treatment advice;
(C) improve financial, financial management advice and recommendations;
(D) other matters should be reported.
Twenty-one financial supervision institution shall submit a report in the
inspection team within 5 working days, from the following aspects of the
inspection report for review:
(A) work on the evaluation of the inspected unit is appropriate;
(B) and check whether the facts relevant to the issues clearly;
(C) Check whether the evidence is true, full;
(D) to the problem of handling qualitative and legality, propriety,
accuracy of expression;
(E) the adequacy of proposed improvements;
(F) other matters required for review.
Article 2 will review the financial supervision institutions should be
formed by the inspection report sent to the unit being inspected for
comments. The units being inspected shall be the date of receipt of
inspection report within 5 working days, submit written comments or
statements; unjustified late no written comments or notes, as no
Financial supervision institutions should be inspection, verification and
inspection report after the written opinion of the inspected units,
reported the financial sector be responsible.
Article 3 inspection report by the head of the consent of the financial
sector, financial supervision institutions should be responsible for the
financial department who promptly asked, supervision and inspection
findings and suggestions for serving the unit being inspected.
Article 4 The business within the financial sector regulatory agencies,
branch offices and affiliated units shall make internal supervision and
inspection work found that the rectification of the problem. Relevant
agencies and units should receive the supervision and inspection findings
and comments within 30 days after treatment, the rectification of a
written report to the financial department heads, and copied to the
financial oversight bodies.
Twenty-five financial supervision institutions should periodically re-
inspected the implementation of internal supervision and inspection of
the rectification unit handling advice and management recommendations,
periodic inspection and superior financial sector audit institutions to
identify the rectification of the problem, report to the head of the
Article 6 should be set up within the financial sector supervision and
inspection of special reporting system. Financial supervision
institutions should periodically check the internal oversight common
problems found in De summing summary, analysis, and proposes Jian Yi, to
Caizhengbumen for Ren Zhuantibaogu.
27th The financial departments shall supervise and inspect the results
within the financial sector as an internal business management agencies,
sending bodies and their respective units and cadre selection of advanced
assessment, appointment of reference.
Financial sector budget management functions of internal business
administration, internal supervision and inspection results should be to
strengthen budget management as a reference.
µÚ¶þ 18 All the inspection within 30 days after the end of, financial
supervisory agencies should check the identification of data
consolidation, in accordance with the relevant provisions of the
naturalization records management archive volumes.
29th The financial departments should promote the construction of the
internal supervision and inspection information to achieve financial
supervision institutions and other business management agencies for
financial management information system for information sharing, full use
of computer information technology to carry out internal supervision and
The third 10 was found in the internal supervision and inspection of
inspection units and individual violations of law, in accordance with
relevant laws and regulations shall be investigated for the corresponding
µÚÈýÊ®Ò»Ìõ one of the following circumstances units and individuals being
inspected by the finance department under the relevant provisions of the
notification given to internal criticism or administrative action;
suspected of a crime shall be transferred to judicial organs for
(A) to refuse, delay in providing information and data or providing false
information and data;
(B) obstructs the exercise of the internal oversight functions and powers
(C) refusing to implement decisions of the internal supervision and
(D) retaliation, frame-house supervision and inspection personnel.
32nd any of the following circumstances within the supervision and
inspection personnel, the financial sector to deal with under the
relevant regulations; suspected of a crime shall be transferred to
judicial organs for handling:
(A) fraud, concealing the truth;
(B) abuse of power and abuse of power;
(C) neglect of duty to the state and has caused severe losses;
(D) disclosing state secrets or confidential by the supervision and
µÚÈý 13 provinces, autonomous regions, municipalities and cities with
independent planning departments (bureaus), the Finance Bureau of
Xinjiang Production and Construction Corps, according to this approach,
combined with the actual situation of the development of specific
34th article this way since March 1, 2010 into effect. January 16, 2002
the Ministry of Finance issued the "Interim Measures for the
supervision and inspection within the financial sector" (Financial
Supervision  3) and December 30, 2003 the Ministry of Finance
issued the "internal supervision and inspection rules of the
Ministry of Finance (Trial) "(Financial Supervision  129)
shall be repealed simultaneously.