Perfection Of Audit Oversight Mechanisms

Audit and supervision is recognized by national law, should bear responsibility for Taxpayers and, should also be reviewed by independent agencies and practitioners, and a government supervision that reflect Public finance performance. During the transition period of the old and new systems, the Violations of law and discipline are serious in the financial sector, widespread distortion of accounting information is common and there is no monitoring and supervision toward users of state-owned funds.Basically, the users of state funds have political powers. Supervising those users requires supervisors have more autonomy which means government has to built up independent audit institutions and afford high authority. That would be more effective of government audit.This government leading audit model plays important role such as maintain financial order, set up effective administration responsibility system and ensure the development of economy.It is critical time of constructing a well-off society in12th Five-Year Plan time period. To managing government audit system should use legislation type model:set up supreme audit institution and afford high authority under the leadership of the National People’s Congress. Strengthen the regulation and monitoring from different perspective.Maximizing good impacts of audit through economic management, there search of audit supervision should give fresh idea of supervising system control in theoretical level and exploring the reality and operability in practical level.The first chapter mainly focuses on the study of the background analysis, points out the research ideas and the innovation of this paper. The second chapter focuses on the domestic and international audit mechanisms. Chapter three is analysis of the theoretical basis of audit supervision in China. Chapter IV conducts research and a detailed analysis of Chinese audit and supervision mechanisms’existing problems. Chapter Five focuses on the objectives and approaches of the reform for audit in China.