Research On The Life Cycle Audit Model Of PPP Pension Project

With the further aggravation of aging in our country and the transformation of family structure,the traditional way of home care is gradually changing to the community service and institutional care for the elderly.However,there is a serious gap in the supply of the latter.It is obvious that the public funds alone can not meet the needs of the elderly.It is an practicable model that conforms to the interests of the stakeholders to introduce the social capital to participate in the construction and operation of the facilities of the pension institutions.However,the PPP old-age care model has the characteristics of complicated relationship,large investment scale,long construction period,strong social welfare and low micro-income.The traditional financial audit and government investment project audit mode is no longer applicable.To construct the auditing model of PPP endowment project with full life cycle,it is of great significance to enrich the audit theory of PPP project and guide the audit practice of PPP pension project.Based on the theory of fiduciary duty,new public management theory,stakeholder theory,life cycle theory and project management theory,this paper constructs the full life cycle audit model of PPP pension project with omnidirectional,whole process and total factor audit.According to the difference of the audit subject,the audit objectives are put forward,which are adaptability,fairness,balance,efficiency and effect.According to the five stages of the project,a variety of audit methods,such as target evaluation method,historical dynamic comparison method,public comment law,expert opinion method and field investigation,are put forward,and simultaneously audit the project necessity,feasibility study report,value for money Evaluation,implementation plan,organizational structure,bidding,subject qualification,contract management,construction,operation performance,government subsidy fund management,and social benefits.Through the establishment of evaluation mechanisms,audit reports and accountability mechanisms to achieve the operation of the whole life cycle audit model,it is feasibly to identify problems and make recommendations.The full life cycle audit model was used on the case of XX Ecological Pension Center to verify the feasibility of the audit model.From the promotion of PPP pension project development and to carry out PPP pension project audit recommendations,finally enrich the PPP pension project audit theory research and provide some inspiration to carry out the relevant audit work can be expect.