1. Difference in meaning
Financial Office is the abbreviation of the local government financial services (work) office. The Finance Office is the financial steward who plans local economic development, the organizer of local financial ecological construction, the controller of the financial industry layout, and the firewall of local financial monitoring.
The Finance Bureau is responsible for local financial work, implementing financial systems, organizing fiscal revenue in accordance with policies, ensuring fiscal expenditures, managing and utilizing local fiscal funds, and promoting the development of industrial and agricultural production and the development of various undertakings.
2. Difference in nature
The Financial Office is a non-profit government agency responsible for financial supervision, coordination and services on behalf of local governments. The Finance Office is generally an office under the jurisdiction of the local government.
The Finance Bureau is a government department and an administrative state agency.
3. Differences in responsibilities
The Financial Office implements the party and state’s policies, laws and regulations on banking, securities, futures, insurance, trust and other financial work, as well as the local party committee , government policies and various decisions and resolutions on local financial work, etc. Responsible for major matters concerning the development and utilization of capital markets in the region, and researching and formulating development plans and relevant policies and measures for the capital market in the region.
The Finance Bureau implements the country's fiscal and taxation guidelines and policies, financial accounting laws, regulations and other relevant policies. According to the local economic development plan, formulate local financial development plans, formulate annual budgets and prepare annual final accounts, implement the annual budgets approved by the local people's congress, and comprehensively balance local financial resources. Manage local extra-budgetary funds and review the scope of revenue and expenditure, etc.
Baidu Encyclopedia-Finance Bureau
Baidu Encyclopedia-Financial Office