From China Kingho Energy Group (Correspondent: Yin Lu) On December 1, Special Final Account Audit Video Conference 2012 was held by China Kingho Energy Group and presided by Wen Baosheng, deputy general manager of Assets and Financial Affairs Department of the Group headquarters. About 170 financial personnel from the headquarters and companies attended the meeting.
Yang Lei, chief accountant of China Kingho, reviewed and summarized the financial work in 2012. She pointed out that the financial personnel from the Assets and Financial Affairs Department of the Group and companies had done plenty of jobs and their work in clearing and verifying capital, improving final account audit statements system and advancing NC financial information system construction proved to be effective; It can be said that the financial management of Kingho Group had entered into a stage of steady growth for group and standard management. She also proposed the requirements for 2012 annual final account audit and focus of financial work in the next stage. Particularly, she emphasized that the financial work of companies should concentrate on corporate development strategies for financial support and play four roles of financial management including capital guarantee, decision-making support, group control and risks prevention.
At the meeting, Li Xiujuan, manager of the Capital Settlement Department summarized and deployed the capital centralization, change of personal seal as well as capital budget preparation and reporting work in 2013. Liu Qinghua from the Financial Management Department introduced the focus of final account audit in 2012, organized the financial personnel present at the meeting to study the information assessment methods and disclosure system issued by the Group. Yin Lu described relevant issues in terms of assets management. Wang Xiaoxia and Li Lin from UFIDA made a detailed explanation and demonstration on the financial computerization currently adopted. Meanwhile, the experts from Shinewing Certified Public Accountants were engaged to conduct training on relevant issues faced in audit work.
Finally, Wen Baosheng, deputy general manager of the Assets and Financial Affairs Department, summarized the achievements and deficiencies of financial work in 2012, put forward the work thoughts of financial management of the Group in 2013, rearranged the final account audit requirements of the Group in 2012 and explained several key considerations in the final account audit of 2012. All relevant organizations were requested to pay great attention to them according to the overall deployment of the Group and enhance the cooperation with Shinewing Certified Public Accountants.
Through this conference, the specific tasks and requirements for the financial account audit in 2012 were made known to all financial personnel present at the meeting, which was helpful for each organization to advance relevant work and ensure the completion of final account audit on a timely and orderly basis and with both quality and quantity assured. The financial conference has attracted great attention from each organization and department and proved to be a complete success.