Research On Auditing Countermeasure Of Infrastructure Project Under PPP Mode

In the 1980 s,China had urgent need for economic development.Under the background of reform and opening,the scale of government investment rose year by year,and the infrastructure construction entered into a vigorous development period.At the same time,there had been serious "Three Excesses" problem.In order to raise the efficiency of investment,the infrastructure project government audit came into being,and played a good effect.So far,audit institutions at all levels have taken the government investment-based infrastructure projects as the main audit objects.And they have formed a relatively mature system of audit.But the public-private partnership model(hereinafter referred to as PPP)appears to change the original investment environment.The infrastructure projects under PPP mode are different from those of traditional government procurement projects.The diversification of investment subjects is extensive,the sources of funds are wide,the project process is extended,the management organization is more complicated and the more complex stakeholders are involved.This poses new challenges to project construction and management,as well as higher requirements for infrastructure project government audit.Government,social capital,financial institutions,construction units and the public are adapting themselves to changes,government audit also needs to make a change to deal with the rise of PPP.After the large number of PPP infrastructure projects have landed,the government audit will face the coexistence of the traditional financing model project and the PPP project.In the conduct of the audit work,it is necessary to distinguish the difference between the PPP infrastructure project and the traditional project.And the audit positioning,audit focus,audit model need to make some adjustments.This paper analyzes the characteristics of PPP model in China by studying the main body,operation process and management mode of infrastructure projects under PPP mode.Then it contrasts the traditional projects of government investment,and clarifies the main differences of infrastructure projects under the two financing modes.What's more,the necessity of auditing PPP infrastructure projects is analyzed under the supervision requirements of full coverage of audit.And starting from the existing legal environment,the PPP project of different investors is classified to discuss whether government audit can be intervened.Then,this article examines the changesthat need to be made in PPP infrastructure project audit.And it expounds the focus of the government audit and audit countermeasures to provide some help for the PPP infrastructure project audit work.