Research On Problems And Countermeasures Of Local Government Debt Auditing

In recent years,with the rapid development of society and the continuous improvement of comprehensive national strength,the investment of local governments in infrastructure construction has also increased.The construction of public infrastructure requires a large amount of financial funds to maintain.However,the existing fiscal and taxation system is difficult to obtain a large amount of financial funds.Therefore,financing through the issuance of local government bonds has become the main means for local governments to solve the funding problem.The issuance of local government bonds has greatly promoted the development of the economy and the improvement of the quality of public services.On the other hand,it has also brought about the overall size of local government debt and the pressure on the debt burden.At the same time,in order to carry out urban construction,local governments often neglect their ability to pay debts and blindly borrow money,and many of them have a large number of violations.If the local government debt reaches the warning line,once the crisis is repaid,the social impact will be more difficult to eliminate.Not only will it cause damage to the image and credibility of government agencies,but it may even cause a financial crisis in serious cases.Therefore,it is particularly important to find out the hidden dangers of local government debts.As a functional department that effectively supervises and controls local debt risks,the auditing agency plays a key role in the governance of local government debt.Since the development of local government debt audit in China has just started,the relevant theoretical foundation,audit content,auditing methods and auditing experience have not yet formed,and the improvement of its auditing model is also being explored.With the increasing stock of local government debt and the growing number of debts,the audit work for local government debt also poses great challenges.Auditing needs to invest more energy in determining whether local government debt is problematic.There are some flaws in the audit work and places worthy of improvement.Therefore,this paper studies the specific related work of local government debt audit through the status quo and the case,and proposes suggestions for improving the audit content,audit method and audit environment in related work,which has important theoretical significance for strengthening the work practice of audit institutions.At the same time,it has important practical significance to strengthen the development of China's local government debt auditing and establish the authority and credibility of the national government.This paper firstly describes the significance and background of the research on local government debt audit.Secondly,it sorts out the important research thoughts and conclusions of relevant scholars' relevant research literature on local government debt audit.Thirdly,through the analysis and analysis of the current situation of local government debt and local government debt audit,the characteristics of local government debt audit are expounded.Fourthly,the M city government debt audit work is selected as the specific research object,and the specific process of the M18 government debt audit in 2018 is analyzed.The problems in the audit process are pointed out,and these characteristics are combined with the characteristics of China's debt audit.The cause of the problem.Fifth,through the study of the case,the corresponding countermeasures and suggestions are proposed for the shortcomings.At present,there is not much research on local government debt auditing,especially implicit debt auditing in China,and the relevant research content is not detailed enough.The suggestions for improvement proposed by scholars are relatively macroscopic.Based on the analysis of specific local government debt audit cases,this paper proposes more detailed suggestions for improvement in the specific operational aspects of micro-audit work and the environmental aspects of macro-audit work,which has certain reference value.However,due to the limited knowledge of the author,the data obtained from the case may not be sufficient,and the selected cases may not be representative enough.The proposed countermeasures may be more absolute to some extent.