The Study Of Performance Audit For The Projects Loaned By International Financial Organization

Government performance audit for the projects loaned by international financial organization is not only the inner requirement for the audit department from the government, but also the loan requirement for the loaned project from the international financial organization. Performance audit was developed in 1940's.Up to now it has become more and more important in western countries. Performance audit is a kind of audit, which appraises the economy, efficiency and effectiveness of how the government makes use of the public resources when performing its duties. Government performance audit is a new theory in our country; it was introduced to China in 1980's when National Audit Office of People's Republic of China was established. Now it is still in the primary stage and is not perfect in audit theory and practice. Therefore, it is necessary to research the related theory, method and practice of government performance audit.This essay attempts to elaborate the theory of government performance audit for the projects loaned by international financial organization from the definition, background, contents, procedure and approach of performance audit. On the basis of the contents, procedure and approach of government performance audit, using the audit theory and approach of western countries for reference, melding with the working practice, this essay does a preliminary research for the government performance audit for the projects loaned by international financial organization.In case study, this essay analyzes Shanghai's Water Treatment Project loaned by World Bank and Asia Development Bank, which reflects the actual situation in our country's government performance audit for the projects loaned by international financial organization. With the help of such case study, we can find problems, find methods to solve the problems and explore the way for further development.