Research On Countermeasures Of Electric Power Reform In The Financial Audit Of Power Grid Enterprises

The power industry is an important basic industry in China.It plays an important role in the economic and social development of China and holds the economic lifeline of the country.In March 2015,the State Council issued relevant opinions and regulations on electric power reform,which represents the beginning of a new round of electric power reform.The reform completely overthrows the traditional mode of selling electricity to earn price difference,and changes it to charging "network fee",which changes the profit mode of power grid enterprises significantly.In this environment of electricity transmission and distribution price reform,power grid operation profit space and profit level are strictly limited,which puts forward higher requirements for power grid enterprise operation and management.The financial audit work has the functions of supervising operation,promoting management and enhancing value.It is bound to be necessary to adjust the content and method accordingly,explore corresponding countermeasures,give play to the new functions and role of audit,adapt to the new environment of electricity reform,and improve the profitability of enterprises.At present,China's power grid enterprises are affected by the power reform policy,and the financial audit work is still in the process of optimization and transformation.This paper takes company L as an example to research the financial audit methods and countermeasures of power grid enterprises.Firstly,it sorts out the research status of domestic and foreign financial audit management,and summarizes the theory of financial auditing.Secondly,it expounds the characteristics and development process of power industry companies,analyzes the current situation of power grid enterprises' financial audit management and the main impact of electricity transmission and distribution price reform,and puts forward the necessity of improving financial audit work.Then,through the in-depth analysis of the financial audit model of L company,the direction and approach of the financial audit strategy of power grid enterprises are explored.Finally,this paper proposes practical and feasible countermeasures for financial audit from the aspects of early warning indicators,audit platform,audit management mechanism and audit personnel.As a subsidiary of State Grid Corporation of China,L company is exemplary and representative in financial audit management.Based on the theory of internal control and financial real-time supervision,this paper takes power reform as the background,and takes the verification of electricity price and cost as the core,and proposes the corresponding financial audit improvement strategy,which promotes the improvement of financial audit effectiveness.It has vital significance to promote the healthy and steady development of enterprises.This paper provides good reference value for other State Grid companies to achieve the purpose of preventing new risks associated with auditing prices,creating and enhancing corporate value,which promotes the development of the power industry.