A Research On Interest Coordination Mechanisms Of Audit Stakeholders About Large Construction Projects

Large construction projects as an important driving force for industrial upgrading and economic growth in a country. For the general project, the amount of investment is more, take longer to build, the more participants. Large construction projects involving a number of stakeholders. Based on the audit contract, these stakeholder groups have formed a cooperative alliance, and each stakeholder will try every means to seek the maximization of their own interests. So, they inevitably exist interest conflict in their mutual cooperation. Large construction projects for the object to analyze the factors that impact interest conflict of the audit stakeholders, on this basis, to build a scientific and effective comprehensive interest coordination mechanisms. It is not only the frontiers of theoretical study about the audit, but also a new path to solve the practical problems by studying mechanisms, and a new operational method to ensure the audit objectives and audit effectiveness under the scientific concept of development. Therefore, system, in-depth research the interest coordination mechanisms of audit stakeholders about large construction projects, has important practical significance and high theoretical value.This article related to a the connotation of audit stakeholders about large construction projects as a research starting point. The interest conflict of the audit stakeholders in large construction projects means In the conduct of the audit activities of large projects, two or more audit stakeholders, for the pursuit of the interests conflicting, so as to form a competitive process. This has the structural, economic and non-economic interest conflicts coexist correlation characteristics. This article focuses on the influencing factors of the interest conflict and reveal these factors in a structured way. There are six main fundamental factors that can trigger an audit stakeholder interests conflict, it is audit stakeholder objectives, audit governance structure, audit responsibilities-powers-interests mode, audit subject, audit decision-making efficiency and auditing environment. Coordination mechanism for interest conflict, including the reasonable structure mechanism, property rights rational allocation mechanism, audit information disclosure and sharing mechanism, comprehensive monitoring mechanism and flexible organizational mechanisms.