The Impact Of Government Audit Function On Audit Efficiency And The Countermeasures

According to the 13 th Five-Year Plan spirit,it is necessary to enhance the depth,the span and the frequency of audit.Audit tasks are complex and arduous.Consequently,improving audit efficiency is not only the internal problem which needs to be solved by audit institutions,but also the people's current demands for auditors.At this stage,the National Audit Office and local audit institutions are performing supervisory functions and vigorously promoting the process of audit full coverage.They have actively explored several ways to improve the quality and efficiency of audit,and certain new achievements have been made now.Government audit plays different functions in the planning,executing,reporting and follow-up auditing stages.Audit process reflects audit functions.Moreover,Audit efficiency is a ratio to measure the input and the output of an audit project which is closely related to the audit process.It is of great practical significance to further study the factors that affect audit efficiency,to promote government audit efficiency,and to fulfill the mission in due diligence.This article constructs a theoretical framework for government audit functions and audit efficiency,analyzing how government audit functions affect audit efficiency.Then,this paper puts forward three hypotheses.We found that audit recommendation,audit sanctions and penalties both had positive impacts on the efficiency,while audit revelation had no significant effect on the efficiency.On the one hand,accelerating the process of governance modernization should mainly base on strengthening accountability,playing a deterrent effect of audit and taking corrective actions.On the other hand,the quality of audit resources,audit resource integration and revelation channels affect audit revelation efficiency.What we need to do are relying on audit sanctions and penalties and audit recommendation,reducing the external effective factors to audit revelation.Only in this way can we promote government audit efficiency.