The son of Mercy will not disclose the bill to question: or to fool the public

Source: Internet
Author: User
Keywords Tzu Chi said the bank
Tags accounting accounting firm accounts business data dot financial financial management
Data picture rule of Law weekend reporter Qi after the October "public funds to go abroad" to raise questions, the Chinese Children Charity Foundation (hereinafter referred to as the Tzu Chi) because of the micro-bo blasting material from the "4.8 billion yuan a huge amount of money to be stolen from the suspect" was pushed on the cusp. December 16, the charity to participate in the child Tzu's accounts audit of the neutral prudential accounting firm issued a statement, said that no child Tzu will have money laundering. However, the statement also said that there is a messy and unprofessional accounting. Earlier, Tzu Chi's account of the 4.8 billion-dollar financial staff, "dot wrong decimal point" has sparked strong questions from netizens, and in the disclosure of related bills, Tzu Chi's past has made its credibility worse. Although the suspicion of money laundering has been temporarily cleared, it will be difficult for Tzu Chi to recover from the damage caused by the "point" mistake and the harm done to itself and even to China's charitable credibility. Moreover, there are still many people in the concern, why is such a low-level error "successfully escaped the accounting, financial supervisors, directors, supervisors, accounting audit, management departments, such as the foundation layer of internal and external supervision, abscond so far, and the annual financial statements Oolong"? At present, the total cash flow of Tzu Chi is still in the process of further audit, part of the verification has been submitted to the banking sector, awaiting its certification, and the results of the audit is expected to be released this week. The Magic decimal point, like most of the current hotspots, is starting with a microblog. December 10, Zhou, a network whistleblower, said the Tzu Chi financial statements for 2011 showed that "a fortune of 4.8 billion yuan mysterious cash came in quietly and mysteriously disappeared", and the screenshot of the report was posted. The report shows that in the income item, there is a sum of "other cash received in connection with the business activity" as high as $4766273045.02, corresponding to a "other cash paid in respect of the business activity" in the expenditure item, amounting to a sum of $4840617722.28. For the year, the donation received by Tzu Chi and the expenditure for donations were only 82 million yuan and 45 million yuan. "From where exactly?" Where is it? What uses? Is it in line with the purpose of saving children? Is this money laundering? "The 4.8 billion-dollar mystery fund" Zhou used a series of question marks, of which "money-laundering" two words are particularly interesting. Zhou's microblog quickly detonated the network: "Fang, what do you think?" "As a party, it is clear that Tzu Chi's attention has been paid to the matter and responded quickly," he said. That night, Tzu Chi issued an apology statement on its website, saying that "There is no money laundering in the foundation". Tzu Chi also explained that, "the financial staff of the bank's short-term financial accumulation of 475000000 yuan, mistakenly written as 4750000000 yuan, resulting in the 2011 foundation," Cash flow statement of the "other business activities related to cash" to the annual report of the error figures. Tzu Chi would think it was wrong to write 475 million in 4.75 billion. But it backfired, and Tzu Chi's solutionRelease caused more netizens to question. Netizens "early to bed and early to rise 6688" questioned the way: "Wrong decimal point, that account can be flat down?" Messing with the kids? "More netizens ridicule:" Did not expect the ' temporary ' after the ' decimal point ' has become a scapegoat. A staff member of an accounting firm also said in a media interview that such a situation would not normally occur. The person said that the accounting of the Audit Foundation's financial statements, the Foundation bank must be recorded and transfers records, rather than according to the staff's oral instructions. The person also said that if the published statements, due to staff errors in the wrong data, Tzu Chi will be able to provide relevant evidence to prove to resolve public doubts. Public? or not in public. In fact, the child Tzu would almost come up with the relevant vouchers--68 pages of statements from the bank. December 12, Tzu Chi's assistant minister of Communications Jiang Ying a TV program, and Zhou face-to-face "confrontation." On the show, Jiang Ying released the 68-page statement he had just made at the bank and said it would be posted online after the next day's scan. But just as netizens eagerly awaited the bill, which the charity would use to prove innocence, Tzu Chi then said it would no longer disclose the bank bill alone. For the son Tzu's back, netizens questioned the sound of a wave higher than a wave: "is not the bill too much bad change?" "The only reason that Tzu Chi will give is that there are 68 pages of bills, lots of data, and professional financial figures, and it's not easy for the public to read them, even if they are public." "1.3 billion people can not understand?" There are many to go to the four (accounting firms), investment bank, is really Bans. "Netizens" halfway to the "son of Mercy" to the statement of contempt. Critics Wang Shichang said, "The public is not easy to understand does not mean that the Tzu Chi will have the right to withdraw their commitments, the public do not understand the same thing, it is a different thing to bask in the bill." "The sudden changed mind of Tzu Chi is more like a fear of public understanding." "The critic Fan Zijun's view is more sharp:" This will only give people the imagination of space, is not afraid to expose more problems, or play ' tactic ', tampering, research countermeasures to stall or even fool public opinion? "However, this information, as Tzu Chi has said, has been transferred to a Third-party professional auditor to conduct a comprehensive review of the bill." In a statement, the impartial CPA firm, who participated in the audit, said there was a problem with the confusion of the books. Its cash flow statement is not automatically generated, but manually compiled, so there is a more than a zero-knock. At the same time, financial expertise has yet to be strengthened, the cumulative amount of money spent on financial management is not 475 million yuan, but 525 million yuan. "Such a large organization accounting is not professional?" Do you believe it? "Netizens" cloud wind scattered good sunshine "questioned the way." Comment on the glory of Lin pointed out that the accounting computerization has long been mandatory, even if the manual bookkeeping, there is no capital outflow to copy capital inflow, but not the truth of the separate accounting. Computerized accounting account is not "walking", its deliberate emphasis on manual bookkeeping, I do not know whether to use manual errors as a shield. Transparency to restore trust, as the southern editorial said.: "This is not a test of intelligence, but a questioning of sincerity." "There is no doubt that only public transparency will truly show the sincerity of Tzu Chi in this matter." Wang Shichang said that the question ended in public, without transparency there would be no truth. In the face of doubt, if you are evasive, it will only make the public more suspicious. And in response to public opinion questioning, both need to come up with a sincere gesture, more need to come up with practical action. In fact, the shift from a public attitude to a private action seems more like a cover-up. "What Tzu will try to hide is the one that needs to be made public." Tzu-Chi's self-made "Other monetary Fund breakdown", ' the principal and interest of bank money Collection ' does not see interest, the input and the principal is not bad, people can not but suspect that their bank financial management has a cat greasy. "said the glory of Lin. Commentator Zhou Jingguo pointed out that, after the public bill, not only will not affect the "expert jury" assessment, "even this ' expert jury ' is redundant." Tzu Chi will be so in circles, Shefu pen, will only leave more social suspicion. "Transparency is the lifeline of charities, and transparency may not win public trust, and opacity will surely be lost." "Micro-blog CCTV News" pointed out that to avoid the decimal point into a big question mark, and then become a public shock exclamation, the child Tzu will need to enhance transparency, comb the internal operating mechanism, timely and accurate response to public questioning. "Open and transparent, not simply rough on the books, the public needs to know the source of each donation, the specific direction, need to know whether the money is effective." Open and transparent, also can not stop in the sun, charitable organizations, the expenditure situation, the internal operating mechanism, there is no gray income and so on, is also a hot topic of public concern. "Wang Shichang said. For the public to be transparent, Tzu Chi certainly has a long way to go. In fact, according to Zhou, Tzu Chi has already exposed the problem of "financial system, audit system and Investment Management system", and we still have to wait and see whether there is a deeper problem for the Tzu Chi.
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