Research on the Impact of the New Accounting Law on the Accounting Work of Local Universities

The revised Accounting Law of the People’s Republic of China in 2024 has strengthened the political orientation and service function, incorporated the internal control system into the legal framework, increased penalties for accounting violations, and emphasized the importance of accounting informatization. In response to the impacts and challenges brought by the new Accounting Law, local universities should attach great importance to accounting work ideologically, strengthen the construction of the talent team, and improve the comprehensive quality of accounting personnel, enhance internal accounting supervision and improve the effectiveness of internal control, build a “smart finance” system to serve high-level universities and implement the new Accounting Law in practice.