On the same day, the Ministry of Finance issued the “Fifteenth Five-Year Plan for Accounting Reform and Development”. According to the plan, the role of accounting supervision can be better played. The accounting supervision system has been improved, and the working mechanism to combat financial fraud has been further improved. Continued efforts have been made to supervise key areas and rectify outstanding issues, and accuracy and effectiveness have been continuously improved to accelerate the clearance of financial fraud stocks and effectively curb the increase.

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