Research And Study On Building Up Financial Treasury Dynamic Supervision System

Along with the ongoing reforms and development of economic management system in China,Public finance management model is going through a profound transform that symbolized as from traditional production and construction finance to public finance.Adapting to this , two new system innovations are introduced on the level of public financial funds operation and management: one is budget execution management innovation and the other is financial supervision system innovation.Since the year of 2000, marked by the direct payment of grain depot construction fund directly under the central government, reforms of financial treasury management system have been promoted both in central and local governments.As of 2007, budget units of central departments as well as provincial(municipality) government levels have been initially included in the reform and thanks to the establishment of financial treasury dynamic supervision mechanism and technical supporting mechanism, the organic combination of financial monitoring and financial management has been realized, and monitoring and controlling of the procedure of budget execution have been strengthened, thus to play a positive role in terms of safe, regulated and effective expenditure of financial funds. Due to the fact that some urgent improvements are required in the management regulations and monitoring on operation and the absence of financial dynamic supervision which would ask for sincere study and find the solution.Based on this, Closely surrounding the topic of building up the dynamic financial treasury monitoring system, study and analysis is focused in the thesis on the following points: the first one is the general condition of the present dynamic monitoring management on financial treasury. Comparing reforms on financial treasury management system with the management of financial funds before the reforms, and elaborating on the operation of the dynamic monitoring on financial treasury at the present stage, including operating procedures, functions, effects and existing shortcomings and problems urgent to be settled, the author analyzes the necessity and feasibility of building up dynamic financial treasury monitoring system. The second point is the practice of theories of dynamic financial treasury monitoring system. Basically on discussing the systems of centralized treasury payments and treasury dynamic monitoring, specific practice and use of theories are thoroughly studied, such as public choice, asymmetric information, proxy and procuration, game and new system economics, in the construction of the dynamic monitoring on financial treasury. The third point is the introduction of international experience in dynamic financial treasury monitoring system for reference. Comparatively studies are made on the international financial monitoring system types, monitoring principles, the main monitoring body and monitoring characters, the author tries to give the readers instructions and inspirations by elaborating the international practice. The last but not the least point is the overall concept of constructing dynamic financial treasury monitoring system. Put forward the definition and orientation, basic ideas, five-year goals, basic elements and main task of the monitoring system and discusses the specific content of the legal protection, system protection, technical support and operation support etc. safeguarding dynamic financial treasury monitoring system.