Research On Application Of Audit Methods In Fixed-Asset Investment Project Audit

The fixed-asset investment demands amounts of capital, a lot of professional skills, and usually involves of many entities and personnel. A fixed-asset investment often lasts a long time from one or two years at least to more than ten years. Fixed-asset investments are much riskier than other kind of investment, which makes the audit necessary. After China's opening-up to the world, fixed-asset investments grow up quickly in the country, and it promotes the development of fixed-asset investment audit greatly. After years of research and development, investment audit system has been forming. Audit patterns, audit contents, audit methods, audit procedures and so on have been more and more detail and definite. But the fixed-asset investment project audit in China doesn't cover enough fields, doesn't try its best, has a immense demand of professional talents, and needs to enhance its quality.The paper looks over the research situation both in China and abroad, and introduces fixed-asset investment project audit theories and methods. Based on the analysis above, the paper takes three stages to discuses the issues needing to be pay much attention to and the methods proper to adopt in fixed-asset investment project audit by means of institutional economic theory and rent-taking economic theory. In order to conduct the practice, the paper takes a case to specialize the usage of the methods. During the discussion, the paper also analyzes the trend of fixed-asset investment project audit with the hope to contribute to the establishing of the more perfect fixed-asset investment project audit system.