Administrative Financial Rules

Original Language Title: 行政单位财务规则

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now

Read the untranslated law here: http://www.chinalaw.gov.cn/article/fgkd/xfg/gwybmgz/201303/20130300385434.shtml

Administrative financial rules

    (Released December 6, 2012, the Ministry of finance, the 71st since as of January 1, 2013) Chapter I General provisions

    First financial behaviors in order to standardize the administrative units, strengthening financial management and supervision of the administrative units, improving the efficiency of Fund utilization, guarantee the completion of administrative tasks, these rules are formulated.

    Article II of these rules apply to all types of State bodies, political parties, organizations (hereinafter referred to as administrative unit) of financial activities.

    Article III administrative unit financial management principles are: living within our means, security focus, balance, practice strict economy and combat extravagance and waste, and reduce administrative costs, focusing on capital efficiency.

    Fourth administrative unit financial management major tasks are:

    (A) scientific and reasonable budget, strict budgetary implementation, complete, accurate and timely preparation of final accounts truly reflect the financial situation;

    (B) the establishment of a sound financial management system, the implementation of budget performance management, to strengthen the financial control and supervision of the activities of the administrative units;

    (C) to strengthen asset management, rational allocation and effective utilization, handling of assets, preventing the loss of State-owned assets;

    (D) the preparation of financial reports on a regular basis, conduct analysis of financial activity;

    (E) on the financial management of the administrative units and is under the administrative unit financial activities implementation of guidance and supervision;

    (F) strengthening financial management of logistics for non-accounting services, in-house accounting methods.

    Fifth administrative unit's head of financial activities in the unit, under the leadership of centrally managed by the financial sector. Administrative units shall be separately set up financial institutions, full-time accounting staff, independent accounting.

    Little financial effort does not have the staffing conditions of independent accounting units, documents can be implemented accounting system.

    Chapter II administration of budget

    Sixth administrative budget estimates of revenue and expenditure budget.

    Seventh article in accordance with the budget administrative privileges, budget management of administrative units are divided into the following steps:

    (A) to the financial department budgets of administrative units, units for the level budget;

    (B) higher budget units declared budgeting and administrative units have subordinate budget units, two units of the budget;

    (C) higher budget units declared budgeting, administrative unit and there is no subordinate budget units, for grass-roots budget units.

    Level units subordinate budget units, in charge of budget units.

    Eighth order declared budgeting Budget Unit shall, in accordance with the budget management at all levels, and in accordance with the approved budget implementation, periodic budget performance units or financial departments at the higher budget report.

    Nineth administrative units of the financial departments exercise unified management of income and expenditure, quotas, provision of funds for overruns not mended, closing and the balance budget management approach adopted in accordance with the regulations.

    Tenth administrative unit budget, the following factors should be considered:

    (A) the annual work plan and the corresponding expenditure requirements;

    (B) budget performance for previous years;

    (C) closing and balances for previous years;

    (D) the possession and use of assets;

    (E) other factors.

    11th presentation and approval of administrative unit budget in accordance with the following procedure:

    (A) the number of units of measure, presenting budgetary recommendations, step by step after the Summary submitted to the financial sector;

    (B) financial sector Executive budget recommendations of the unit, release the budget control;

    (C) the official preparation of the annual budget of the administrative units according to the budget control, step by step after the Summary submitted to the financial sector;

    (D) upon approval by the legal procedures, the financial sector approved budgets of administrative units.

    12th administrative unit shall be subject to strict implementation of the budget, in accordance with the principles of balance, arrange the funding must not exceed budgetary spending. In principle in the implementation of the budget cannot be increased.

    Due to exceptional circumstances needed to adjust the budget, administrative units shall, according to prescribed procedures submitted for approval.

    13th administrative unit shall prepare accounts in accordance with regulations, and step by step review summary report financial departments for examination and approval.

    14th administrative units shall improve their accounting audit and analysis, specification for accounts management, ensure final accounts data, complete, true and accurate.

    Chapter III income management

    15th income refers to the non-administrative units shall obtain reimbursement of funds, including financial allocations of income and other income.

    Financial allocation income refers to administrative units make budget funds from the financial sector.

    Other income refers to the administrative unit in addition to the financial allocations other than lawfully obtained income.

    Administrative units should be turned over to lawfully obtained the forfeiture of the financial revenue, administrative and institutional charges, Government funds, State-owned asset disposal and leasing lending income, does not belong to the administrative unit of income.

    16th administrative unit to get income, shall conform to the regulations of the State, in accordance with the requirements of financial management, accounting.

    Revenues 17th administrative units should be fully incorporated into the unit budget, unified accounting and management.

    The fourth chapter of expenditure management

    18th spending refers to the administrative unit to protect the institutions functioning and funding costs and losses that occur to complete tasks, including capital expenditure and project expenditures.

    Basic expenditure refers to the administrative unit to protect the institutions functioning and complete daily tasks of expenditures, including spending and public spending.

    Project expenditure, refers to the administrative unit to accomplish a specific task, in addition to the basic expenditure expenditure incurred.

    19th administrative unit all expenditures should be included in the budget.

    The expenditure by the financial sector in accordance with the approved budget and relevant regulations of the audit process.

    20th administrative unit of expenditure should be stipulated by the strict implementation of national expenditure ranges and standards, establish and improve the expenditure management system, saving potential, weak management focused on management and control of expenditure.

    21st Division from the financial sector project funds or by the budget unit shall, in accordance with approved projects and use, earmarks, separate accounts, and in accordance with the provisions of the financial sector or by the budget unit reported the use of the funds, accept the inspection and supervision of the financial sector and higher budget units.

    After the project is completed, administrative units shall provide the financial sector or by the budget unit to submit expense accounts and written report of the results of the project.

    22nd administrative units should be strictly implemented the centralized payment system and system of government procurement requirements.

    23rd performance management expenditure on administrative units should strengthen and improve the efficiency in the use of funds.

    24th administrative units shall strengthen the management of all kinds of bills to ensure that bills from legitimate sources, is true, correct, and may not use a false instrument.

    Fifth chapter closing and balance management

    Carry-over of the 25th article, refers to the current year budget execution, but not complete, or for some reason did not perform, next year needs to continue with the original purposes of the use of funds.

    Article 26th balance refers to the year budget targets have been completed, or terminated for some reason, then the remaining funds.

    Carry-over provisions in the service period is not used or unused, as a balance.

    27th finance management of appropriations carried over and the balance should be in accordance with the regulations of the financial sector.

    The sixth chapter of the asset management

    28th refers to the administrative units of the possession or use of assets, to the monetary unit of economic resources, including such as current assets, fixed assets and construction in progress and intangible assets.

    29th current assets refers to change in a year or the amount of assets, including cash, bank deposits and more than 0 balance account lines, and provisional payment receivable, inventory, and so on.

    Referred to in the preceding paragraph refers to the administrative units of inventory for consumption at work and storage assets, including materials, fuel, packaging, and low-value consumables. 30th article refers to the use of fixed assets for more than a year, unit values of more than 1000 Yuan (including: special equipment units in more than 1500), and used in the process remain assets of the original physical form.

    Unit value, but did not reach the required standard, but durable time in more than a year, a large number of similar material, as a fixed asset management.

    Fixed assets can be divided into six categories: housing and buildings; common equipment specific equipment artifacts and exhibits; books, archives, furniture, utensils, equipment and plant and animal.

    31st construction refers to the necessary expenditures that have occurred, but have not yet reached the delivery status of the construction project.

    Construction intended use State, shall, in accordance with provisions of works final financial accounts and asset use.

    32nd intangible assets refers to does not have a physical form can be used to provide certain rights to those assets, including copyrights, land-use rights, and so on.

    33rd administrative units shall establish a comprehensive asset management system, strengthen and standardize the configuration, use and disposition of assets management, maintain asset security and integrity.

    34th administrative units should be in accordance with the scientific and standardized, strict control and security need for rational allocation of assets.

    Source documents administrative unit assets, in accordance with the original voucher account; no original documents, it shall be evaluated, assessed value accounting. 35th administrative units shall improve their asset management, establish accounts of assets, accounts and registration, regular or irregular conduct an inventory to ensure consistent accounts accounts, accounts ... The end of the year, should conduct a comprehensive inventory count.

    Overage, shortage of assets should be processed in a timely manner.

    36th administrative units shall open a bank account, approval should be reported to the financial sector, and financial sector management.

    37th administrative units shall strengthen the management of receivables and provisional payment, strictly control the size and time to clean up, no long-term credit card.

    38th Division assets increases, shall promptly register recorded decreases, shall, in accordance with asset disposal provisions of approval procedures, accounting treatment.

    Administrative units, excluding depreciation of fixed assets, the Treasury except as otherwise provided. 39th administrative unit shall not in any way with possession or use of State-owned assets held foreign investment or economic entity.

    For economic entities are not decoupled from the administrative units, administrative units should be in accordance with the relevant provisions of the regulation.

    Except otherwise prescribed by laws and administrative rules and regulations, administrative units shall not borrow debt, may not provide guarantee.

    40th without the approval of the Finance Department at the same level, the State-owned assets of administrative units shall not possess, use leasing and lending.

    41st administrative units should be in accordance with the relevant provisions of the State resource sharing, equipped to build and improve asset efficiency.

    42nd Division of asset disposal should follow the open, fair and just principles, according to the evaluation, strict compliance with the relevant procedures.

    Seventh chapter liability management

    Refers to the administrative units of the 43rd liabilities measured in currency, needs or labor debts with assets, including dues, staging, payment, payments, and so on.

    44th dues refers to the administrative unit should be turned over to lawfully obtained financial resources, including confiscation of revenue, administrative and institutional charges, Government funds, State-owned asset disposal and rental and lending income.

    Article 45th administrative unit made confiscations, administrative and institutional charges, Government funds, State-owned asset disposal and leasing lending income shall be paid timely and in full in accordance with Treasury centralized collection of relevant, not withholding the diversion, retention, retain, and support.

    46th staging payments were administrative units in operational activities with other units or individuals in advance, waiting for the settlement of payments in escrow.

    47th administrative unit shall strengthen the management of staged payments, shall not be included in unit revenue management included in staging money; for every staged payments should clear in time, settlement shall not be long-term credit card.

    Eighth chapter transferred administrative unit merging the financial processing

    48th transferred administrative unit merging the financial processing, financial sector, under the supervision of the competent budgetary units, such as departments.

    Transfer of merging the administrative units, the units should be property, claims, debts for comprehensive cleanup, preparation of the inventory and the list of credits and debts, property valuation basis, claims and debt treatment, transfer, receive, transfer and management of assets, and properly handle the remaining problems.

    49th and transfer withdrawal of administrative unit's assets by the competent budget audit and reported to the financial sector and after approval of the relevant departments, respectively, in accordance with the following provisions:

    (A) to the administrative units of the institution and changed affiliations, transfer its assets without compensation, and adjusted accordingly, transfer of funds index.

    (B) the Corporation administrative unit, after its assets in accordance with the relevant provisions of the valuation, transfer of State capital.

    (C) the revocation of the administrative unit, all its assets from the financial sector or the financial sector authority units.

    (D) the consolidated administrative unit, the receiving unit or the transfer of all the assets of the newly formed units surplus assets after the merger, units authorized by the financial sector or the financial sector.

    (E) separate administrative units, the separation of the transfer of assets in accordance with the relevant provisions of administrative units, and a corresponding transfer of funds index.

    The Nineth chapter financial reports and financial analysis

    Financial reports to reflect the administrative units of the 50th time financial situation and budget Executive summary of the results of a written document.

    Financial report of the 51st Division, including financial statements and financial statement.

    Financial statements including balance sheets, income and expense statements, expense breakdown, financial allocation statement of revenues and expenditures, investment in fixed assets accounts report the primary table and the related schedules.

    Financial condition explanatory memorandum, major State administrative units, income and expenditure for the current period, closing, balances, special use and changes in assets and liabilities of the funds, as well as the important issues affecting financial position, sum up experience in financial management, the problems and suggest improvements.

    52nd of the financial analysis is based on the accounting data and other relevant information on financial activities and its research, analysis and evaluation of the results.

    53rd financial analysis including budget preparation and implementation, decreases income expenditures, personnel, assets, and so on.

    Main indicators of financial analysis are: spending growth rates, budget expenditures that year completion rates, per capita expenditures, program spending as a share of total expenditure ratio, the ratio of personnel expenditures to total expenditures, public spending as a share of total expenditure ratio, the proportion of office space, vehicles per capita.

    Administrative units in accordance with its operational characteristics, increase financial indicators.

    54th administrative unit shall be true, accurate, complete and timely financial reporting, careful financial analysis and in accordance with the provisions submitted to the Finance Department, in charge of budget and other relevant departments.

    The tenth chapter of financial supervision

    Administrative units of the 55th financial monitoring including budget management, revenue management, expenditure management, closing and balance management, asset management, debt management, and oversight.

    56th administrative unit financial supervision should be introduced with the prior supervision, supervision, supervision combines, combines daily supervision and special supervision, and to check on violations of financial rules and regulations.

    57th administrative unit shall establish and perfect internal control system, economic system, financial information disclosure and supervision systems and disclosure of financial information in accordance with law.

    Article 58th competent administrative units shall accept the budget unit and the supervision of the finance and auditing Department.

    59th fiscal departments and administrative units and their staff members in violation of the rules, in accordance with the financial illegal activities penalties and regulations (promulgated by Decree No. 427).

    The 11th chapter by-laws

    60th Division of the financial management of capital construction investment shall conform to these rules, but otherwise provided by the financial management system of State capital investments from its provisions.

    61st light application of the civil service law of the financial system, shall be determined separately by the Ministry.

    Administrative units of accounting system of enterprises and institutions perform the appropriate financial, not to enforce the rules.

    62nd of provinces, autonomous regions and municipalities financial sector can be based on the rules for considering the actual situation in the region, formulate measures for implementation.

    63rd this rule shall enter into force on January 1, 2013.

    Report: the financial analysis 1. the expenditure growth rate, measuring the growth of expenditure on administrative units.

    Calculation formula is:

    Spending growth rate = (÷ total expenditures for the current period previous period total expenditures-1) x100% 2. current year budget spending rate, administrative units of measure-current year expenditure budget and budget levels.

    Calculation formula is:

    Completion rate = annual Executive budget expenditures that year ÷ (earlier budgeted ± mid-year budget adjustments) x100%

    Year-end number excludes spending in the previous year's carry-over, and balances executed. 3. per capita expenditure, administrative units of measure of per capita annual expenditure level.

    Calculation formula is:

    = Current period expenditure per capita expenditure ÷ average number of staff in this issue x100% 4. project expenditure to total expenditure ratios measure the expenditure structure of administrative units.

    Calculation formula is:

    Project expense ratio = ÷ project expenditures for the current period current period expenditures total x100% 5. the personnel expenditure and public spending as a share of total expenditure ratio, measuring the structure of administrative units.

    Calculation formula is:

    Personnel expenses ratio = ÷ personnel expenditures for the current period current period expenditures total x100%

    Public expenditure ratio = ÷ public expenditures for the current period current period expenditures total x100% 6. per capita office space, measure the administrative units of office space availability.

    Calculation formula is:

    Per capita office space office space = the final units use ÷ the final staff number 7. proportion of people and vehicles, measuring administrative units official cars are equipped with.

    Calculation formula is: Human proportion = the final incumbent ÷ the final official cars are: 1