A Study On The Application Of Balanced Score Card In Economic Responsibility Audit Of Leaders In Government Departments

Economic responsibility audit is a modern audit methodology,which is an innovative system developed by audit practice with Chinese characteristics.It is important for improving regulatory mechanism to strengthen the integrity of construction,to promote democracy and safeguard national economic security.According to the improvement of economic responsibility audit,the new promulgated provisions in 2010 give a better specific definition on the object and contents of economic responsibility audit,with the audit scope expanded from the party and government leaders in the township level to the provincial and ministerial level,as well as the legal representative of the state-owned enterprises.The new promulgated regulations support the significant role of the economic responsibility audit fully.Economic responsibility audit of leaders in government departments is an important part in the framework of economic responsibility audit.Due to the different functions of different departments,studies on evaluation system of economic responsibility of leaders in government departments audit are few.According to the audit theory and through related case analyzes,this paper will try to use the Balanced Score Card to build an evaluation system of it.With the literature review and the experiences of practical application of the BSC in the public sectors of other countries,this paper is to build a BSC-based evaluation index system on economic responsibility of leaders in government departments.An index system is made of 4 main indexs and 96 spicific indexs.Four main indexs are financial balance of payments and its related economic activities evaluation;major economic decision-making process and implementation of national economic policy;internal control system of indicators;leading cadres to comply with the country's financial laws and regulations and self-discipline.Then under the every main index,balanced cards are established by the customer service satisfaction level,economic and financial performance level,learning and improvement level,and the internal control processes level as the four dimensions.This article consists of five chapters.The main contribution of this paper is two aspects:On the one hand,based on the audit practice,this paper analyzes the defects of the existing audit evaluation methods of the government's economic responsibility audit.Through the experience of foreign public sector using BSC in government audit,an evaluate system is made up of four dimensions based on the BSC including 96 specific indicators;On the other hand,with the real typical case study analysis in the audit practice,revealing the defects of the existing economic responsibility audit evaluation,analyze the theoretical advantages of using the BSC in the audit evaluation.The main deficiency of this paper is as follow:Due to the limitations of reality constraints,the evaluation system based on BSC of economic responsibility audit cannot be used in the case fully,without the practical results to compare,this paper gives a theoretical conclusion only.Meanwhile,I must admit that with the lack of enough professional knowledge and work experience,this paper has many shortages.