Value-oriented Investment Projects Of Government Performance Audit Study

In recent years, the development of China's economic is growth. The spending of China's fixed asset investment has also increased year by year. In 2009, China's government investment is 908 billion yuan for the protective of housing, education, health, culture and the people's livelihood project construction. It is also for the energy-saving environmental protection and ecological construction, technological transformation of scientific and technological innovation, irrigation and water conservancy, railway, highway and other key infrastructure construction in order to pull the stable development of the whole national economy. On the other hand,5.12 post-quake reconstruction is also a top priority of government investment in recent years. So it is very important that these government-funded construction projects with limited resources how to get higher under the conditions of interest and try to avoid making mistakes, inefficiency working, serious waste of resources and investment out of control and other issues. The national has been also widespread concerned about it. This topic emerged and it is hoped that through this subject not only will be able to actively promote the launching of our performance audit practice, to play an active role in the performance audit on China's government investment projects, carrying out performance audit, but can be effectively involved in the building project construction program, to give full play to the audit monitoring, evaluation and authentication functions. It can also enhance audit effectiveness.This topic is based on value management theory. By the comparative audit of the current government-funded projects as well as the development trends. This article proposes that value management theory can apply to the entire government-funded projects as an efficient audit tools. In a value-oriented context, rebuild the project performance audit framework:detailing the meaning of audit objectives, compared to the audit objective view of foreign inspiration, made VM from the Perspective of the performance audit objectives; with the performance of the existing model and engineering audit of the audit model, put forward more efficient and better audit model; and learn from construction projects, audit procedures, improve the overall performance of the audit process, and strive to maximize the interests of all parties; analyze the performance of the various construction processes performance, re-determine the value-oriented performance audit content, in order to lay the foundation for the following performance evaluation. Finally, the detailed evaluation of performance audit standards and principles, and the value of the angle of re-enact the performance audit of government-funded projects, a new quantitative indicators and qualitative indicators, to improve the efficiency and effectiveness performance audits, performance audits to achieve the desired effect.Hope that this discussion can play a role in attracting valuable opinions for China's government-funded project performance audit to explore the theory and practice to make their own modest.