Accounting leading experts of Jiangsu Province come to our school for the first time

pubdate:2018/09/16

Information source: release time: September 16, 2018            

In order to further expand the vision of accounting leading experts and improve their comprehensive quality, from September 11 to 13, 50 accounting leading experts from large and medium-sized enterprises, administrative institutions, accounting firms and universities in Jiangsu Province conducted a three-day exchange and study in our university. Center for Accounting Studies of Xiamen university undertakes the activity.            

On the morning of September 11, Professor Yuanlue Fu, deputy director of the center, attended the opening ceremony and made a speech. After the opening ceremony, Professor Jianfa Li from the accounting department of our university gave the participants the first wonderful speech entitled "Reform of Government Accounting in China ". Professor Li explained the background, current situation and challenges of government accounting reform to students of the leading experts class based on his work experience in administrative positions and academic research results.          

In the afternoon, Professor Shijun Sang from the accounting department of our university shared the topic "Strategic Framework For Financial Statement Analysis" with students. First of all, Professor sang emphasizes the influence of external environment on business activities and the importance of strategic positioning of enterprises from the process of the formation of statements, and expounds this with the case of Xiaomi company. Next, Professor sang turned to more specific and professional accounting analysis. He explained how to carry out accounting analysis from the aspects of statement structure and accounting items. Professor Sang's course is not only based on the major of accounting, but also out of the narrow sense of accounting, focusing on a broader strategic framework, and bringing a different course of financial statement analysis for students.

On the morning of September 12, Professor Yuanlue Fu brought the theme of "Management Accounting Frontier: Intelligent MA under the Digital Transformation". Professor Fu introduced the concept and application of big data, artificial intelligence, mobile network and cloud in detail, which led to three challenges faced by management accounting theory in AI application environment, revealed the method of integrating AI and management accounting theory research, and proposed the development direction of intelligent MA theory research. Professor Fu explained three important components of intelligent MA theory, namely, management accounting (MA) agent, management and control intelligence, and decision support system (DSS) intelligence and their application. Finally, Professor Fu conveyed the expectation that intelligent MA theory system should be established in China first, and guided students to think about the development and challenges of intelligent management accounting application.            

In the afternoon, Professor Zeliang Liu, from the Philosophy Department of our university, gave a lecture on "Traditional Culture and Intelligent Life". Professor Liu starts with the evolution of the word "Yi" in The Book of Changes, the oldest document in China. With the three sentences of "life is easy", "life is Tao" and "life is benevolence",  Professor Liu teaches all leading experts how to protect them health and harmonious interpersonal relationship from the perspective of traditional Chinese culture.

On the morning of September 13, Associate Professor Shanang Chen from the School of Economics of our school gave a lecture on "Financial Reform and Financial Risk Prevention". Professor Chen opened the course with the sentence "Finance and risk come together". By analyzing the release and transmission of financial risks, combined with the characteristics of China's financial system, he focused on how to prevent systemic financial risks. He proposed to "Deleverage: "Currency Stabilization + Strong Supervision" resolves systemic financial risks. At the same time, he stated that China's long-term goal is to deepen the reform of the financial system, and finance should support the real economy, innovation and development of direct financing. In the report, Professor Chen did not hesitate to share, he combined with multiple examples to bring wonderful interpretations, and the humorous teaching style attracted repeated praise from the students of the leading experts class.

In the afternoon, the three-day study was coming to an end. Professor Fei Li from the Taiwan Research Institute of our school brought to the students "Geopolitics and the Belt and Road Initiative under the Great Power Game". Professor Li first introduced the global geopolitical environment. From the current Sino-US trade war to the four major ancient civilizations in the world, from the Taj Mahal of the Mughal dynasty in India to the Blue House of the contemporary presidential palace in South Korea. Later, Professor Li turned his attention back to China and gave a comprehensive and wonderful analysis and explanation of China's geopolitical environment, China's One Belt One Road initiative, and China's economic globalization.

Three days of inter-professional and inter-disciplinary learning and in-depth communication are both intense and fulfilling. The successful conclusion of this exchange was greatly praised by all the students. The students expressed their heartfelt thanks to the teachers for their wonderful speeches and the organizers for their support to the activlity. We look forward to having the opportunity to come to our school again to study!