The Research On The Standard Of Performance Auditing Of Public Institution

Public institutions are the organization in charge of public issues. They were entrusted by the public to manage the public resources.They undertake the public accoutability. Pblic accountability includes accountability of finance and management. Auditing examines and assesses the extent of the accountability accomplished, and then the accountability of the audited entity is affirmed and removed. The performance auditing on public institutions concerns with the accountability of management. The objectives of performance auditing are improving the public accountability, promoting incentives for changing the management of public resources. The criterias of performance auditing assesses the reality audited, affirm the efficiency and effectiveness of the funds. The auditor expresses suggestions in accordance with the criterias. The criterias also contribute to control the risk of auditing. The article researched the theories systematically, Then based on the understanding on the criterias of western developed countries. After visited some auditors in our country, the author suggested the orientation of performance auditing and the principles of criterias. The performance auditing case of Shenzhen is analysed to explpore the status of the criterias od our country. Finally, learning the opinions of the Balance Scorecard , the article suggests that the assessment system should be constructed in four components. The components are: the economy, efficiency and effectiveness of the funds, the extent of the public' satisfaction, the internal control, the continous development.