The Influence Of National Audit On Financial Fund Security

Financial funds are the blood of economic operation.They are characterized by large volume,high amount and wide use.The use of projects involves more than 20 fields,such as public services,education,social security and employment.China’s auditing agencies have always followed the principle of “where the financial funds flow,and where the audits follow.” The scope of supervision basically covers all the financial funds in the economic operation.So what is the current state of financial funds? How does the national audit play a role in supervising the operation of financial funds to ensure the safety of financial funds? In recent years,the scope and intensity of auditing supervision has gradually increased.The auditing agencies have found more and more departments and units that use funds in violation of regulations,and the amount involved is also growing.What causes the phenomenon of “recurring trials and repeated violations” and “continuous bans”? How to improve the national audit supervision financial operation mechanism? Therefore,it is of great theoretical and practical significance to study the mechanism of national audit on the security of financial funds and improve the supervision and management system of financial funds.In the literature review section,this paper sorts out and reviews the research literature on China’s national audit function,national audit quality,financial fund security risks and causes,and national audit and financial fund security.Then,in order to understand the status quo of national audit supervision financial operation,According to the experience data of the national audit institutions,this paper analyzes the operation of the state audit supervision financial funds from 2007 to 2016.The theoretical analysis and research hypothesis part takes the public trust economic responsibility theory,the incomplete contract theory and the audit "immune system" theory as the article.The theoretical basis of the research,analyze the mechanism of national audit and maintenance of financial funds security,and propose research hypotheses from the perspectives of revealing functions,resisting functions and preventive functions and financial security;research design and empirical test,select local auditing organizations data from 2007 to 2016 To verify the impact of national audits on the security of financial funds.The results of the study show that the national audit can effectively play the role of revealing the function of maintaining financial security,and the defense function and prevention function fail to function as expected.During the operation of the national audit supervision financial funds,the processing power is still large,and the rectification and implementation are few.The content and depth of the audit recommendations also limit the performance of the audit function.Therefore,the defense function and the prevention function are not effectively effective,forming an “audit immunity”.A virtuous circle.Finally,the paper summarizes the research results and proposes corresponding countermeasures.The innovation of this paper lies in:(1)Exploring the role mechanism of national audit in supervising the operation of financial funds,and conducting a full theoretical analysis of the basis of national audit demand and supply,enriching and expanding the national audit supervision and financial fund security(risk)research literature.(2)Designing dynamic indicators “regularity growth rate”,“loss of waste amount growth rate” and “management of non-standardized amount growth rate” to evaluate the operational safety(risk)of financial funds from the perspective of national audit,from auditing efforts and auditing efficiency Two aspects measure the function of the national audit "immune system" and construct a measurement model to test the impact of national audit on the operational safety of financial funds.(3)Based on the abovementioned dynamic evaluation index of financial fund operation safety,design binary dependent variable to evaluate the operational status of financial funds,construct Logit linear probability model,and study the probability impact of national audit on financial fund operation risk events.