ArticleOpen Access http://dx.doi.org/10.26855/jhass.2023.07.012
Research on the Prevention Strategy of Accounting Risks of Commercial Banks under the New Situation
Ke Sun
Center for International Education, Philippine Christian University, Manila, Philippine.
*Corresponding author: Ke Sun
Published: August 22,2023
Abstract
Commercial banks as the settlement centre of social capital activities, in the current new situation of the integrated development of the global network economy, the modern economy to the core of the development of finance, which also makes the banking industry has become the core of the entire financial recent years. China has made great achievements in the disclosure of accounting information of commercial banks, including relevant laws and regulations. Policies are issued, requiring the implementation of information disclosure. But then we should also reflect on that, “At present, China is in the new economic normal, the development of commercial banks in the process of internal and external environment has undergone major changes, which also makes commercial banks a variety of risks increased, especially commercial banks accounting risk is at a high stage”. In this situation, commercial banks need to do a good job of accounting risk prevention, accelerate the pace of promoting the reform of the financial system, and lay a solid foundation for the healthy and steady development of commercial banks.
Keywords
Commercial banks, accounting risk, prevention
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How to cite this paper
Research on the Prevention Strategy of Accounting Risks of Commercial Banks under the New Situation
How to cite this paper: Ke Sun. (2023) Research on the Prevention Strategy of Accounting Risks of Commercial Banks under the New Situation. Journal of Humanities, Arts and Social Science, 7(7), 1312-1315.
DOI: http://dx.doi.org/10.26855/jhass.2023.07.012