Research On Performance Auditing Evaluation On Fiscal Expenditure Of Institution Of Higher Education

Under the guidance of strategy of invigorating the country through science and education, the state concerned about the education more and more deeply,fiscal expenditure on higher education has increased every year.However,the growth of fiscal expenditure on higher education is still far behind the pace of development in colleges and universities.A serious shortage of funding for China's colleges and low efficiency of resource of higher education become a key bottleneck of the development of China's higher education.Fiscal expenditures on higher education as part of public expenditure,state audit institutions have the right to audit and evaluate its performance,providing a basis to improve the effectiveness of the expenditures. However,as China is still lack of a scientific evaluation system of financial expenditure,the audit on the performance of expenditure can not be carried out smoothly.The paper is based on analysis and evaluation on the results of previous studies.First,it analyses the current fiscal expenditure of China's colleges and universities and finds several problem,for example,performance auditing on fiscal expenditure on higher education is focus on investigation auditing more than project auditing,evaluation on compliance is more than evaluation on effectiveness,hasn't established a scientific evaluation system and so on,showing the necessity and significance of improving the evaluation system.Then,the paper analyses the general objectives of performance audit-"3E",combined with operational process of public funds of higher education,subdivide the general objectives into seven specific objectives.Then,combined with the set principles of evaluation indicator,the paper improves existing performance evaluation index system of financial expenditure on higher education,establishing an indicator system with three modules and 17 specific targets.For the performance evaluation system,another important issue is the evaluation methods. The paper analyzes and compares the characteristics of two most widely used method of evaluation(Analytical Hierarchy Process and Principal Component Analysis),and brings forward that the combination of Analytical Hierarchy Process and Principal Component Analysis can let them complement each other and helps improve the accuracy of evaluation results according the characteristics and the request analysis.Then,the paper discusses from nondimensionalization,weight structure of the indicator and the combination of value how to evaluate performance of the expenditure of colleges and universities.Finally,it illustrates some problems about the subject.