Research On The Impact Of Government Audit Function On Local Financial Security

As the main economic means for the government to perform its functions,finance is an important guarantee for the country to achieve its governance goals.China is in a critical period of economic restructuring,and the issue of fiscal security has been highly valued by the state.As an important part of the party and state supervision system,government audit is of great significance to the maintenance of local financial security.It has been found out that the theoretical basis of the research on the relationship between government audit and financial security lags behind the actual progress,cross-disciplinary and interdisciplinary research needs to be strengthened,and empirical research methods are worth improving.Under the premise of the existing literature,this paper intends to further explore the impact of government audit function on local financial security.The research ideas of this paper are mainly based on the perspective of auditing functions.The three mechanisms of information,system and behavior elaborate the mechanism of government auditing to maintain local financial security,including information transmission mechanism,repair construction mechanism and power deterrence mechanism.Then,the research hypothesis is proposed and the performance of the audit function is tested with provincial panel data,and finally recommendations are made based on the conclusions.The conclusions of this paper mainly include the following three aspects: First,the more the amount of questions detected by the audit,the better the audit reveal function,the lower the local financial risk and the local financial security;the second is the audit proposal.The greater the number,the lower the local financial risk and the improvement of local financial security.Third,the audit prevention function is hindered by the institutional mechanism.The direct treatment of the lack of punishment power and the transfer processing mechanism weaken the deterrent effect of the audit.There are three points in the innovation of this paper.First,the paper elaborates the mechanism of government auditing to maintain local financial security from the three dimensions of information,system and behavior,including information transmission mechanism,repair construction mechanism and power deterrence mechanism,so that the theory of government auditing The structure is more scientific,hierarchical and comprehensive.Second,the data used for empirical testing is the provincial panel data of the last nine years.The selection of the variables of interest is the result of screening the previous research in combination with the facts,which means the study of this paper.The conclusion is more in line with the trend of audit development,and is more instructive in practice.