Study Of Public Spending Oversight System

Reviewing the theory of the public finance and the history of financial supervision, by comparing with other countries' public expenditure supervision systems, the author summarizes and analyzes the basic factors of public expenditure supervision in order to explain that public expenditure supervision power should be reasonable allocated subject oriented, fabric balanced, level clarified and mutual stabilized . Based on it, the author analyzes historical development process of the finance supervision system and limitation of present system of China, and advances several systemic reform suggestions.The thesis includes four parts.Part one: Public financial supervision and public expenditure supervision. Pacing back to the beginning of the public finance theory, the author introduces public finance theory and the public finance system in China. While reviewing the history of financial control, the author briefly demonstrates the relationship between public financial supervision and public expenditure supervision.Part two: International comparison of public expenditure supervision. Comparing with public expenditure supervision systems of USA, UK, France, Germany and South Korea, the author summarizes several general characteristics of public expenditure supervision.Part three: Evolution of public expenditure supervision system in China. The author gradually reviews the development of finance supervision system from unified finance supervision system in planned economies to multi finance supervision in early transitional period, and to normative public expenditure supervision in socialistic market economy.Part four: Major problems and solutions to present public expenditure supervision. Analyzing present limitations of public expenditure supervision system, the author introduces and absorbs advanced idea and useful methods in other countries' public expenditure supervision systems, and provides thereform suggestions that the power structure of public expenditure supervision should be reasonably adjusted and power ascription should be rearranged, while forming supervision framework with clear administrative levels, different emphasis points and restriction systems.