Study On The Long-term Audit Mechanism For The Rectification And Improvement Of Budget Execution And Financial Revenue And Expenditure At This Level

Audit supervision is an indispensable part of the supervision system of the Party and the State,and plays a very important role in promoting the modernisation of the national governance system and governance capacity.As a key component of financial auditing,the audit of budget execution and financial revenue and expenditure plays an important role in improving the efficiency of the use of financial funds,reforming the economic system and implementing macro distribution policies.As the most direct way to apply audit results,audit rectification is an important guarantee to ensure that the audit supervision function is given full play.Budget execution and financial revenue and expenditure audit rectification requires the audited unit to rectify the problems found in the budget execution and financial revenue and expenditure audit,to analyse the problems of the audited unit in depth,to establish a long-term audit mechanism,to improve and optimise the internal daily work and budget revenue and expenditure management of the audited unit in terms of system,process,regulations and personnel,to ensure that financial funds can better serve the development of the industry and protect people’s livelihood,to prevent and resolve various This ensures that financial resources can better serve the development of the industry and protect people’s livelihood,prevent and resolve various risks and hazards,and promote high-quality economic development.China’s audit rectification system is constantly pushing forward and flourishing with the development of the audit system in the exploration.The Audit Law(2021)emphasises strengthening the leadership of the Party,expanding the audit scope and functional authority of audit institutions,and further improving the provisions related to audit rectification and reform.In the practice of financial auditing,however,the problems found by audits cannot always be completely solved,and the problem of "repeated audits" still exists,and the long-term audit mechanism is not sound.Therefore,this paper takes budget execution and financial revenue and expenditure audit and rectification as the entry point,and aims to improve and perfect the long-term audit mechanism,describes the current situation of budget execution and financial revenue and expenditure audit and rectification in China,and takes X City Science and Technology Bureau,which is representative in establishing the long-term audit mechanism,as the case object.This paper uses literature,theory,and case studies to examine the problems that exist in the current budget execution and financial revenue and expenditure rectification work,and to propose suggestions for improving the long-term audit mechanism for budget execution and financial revenue and expenditure rectification at this level.This paper adopts literature,theory and case study methods,based on the theory of public fiduciary economic responsibility,the theory of the immune system and the theory of national governance,to classify and study the domestic and foreign literature on the audit long-term mechanism of budget execution and financial revenue and expenditure rectification according to key words.Based on the relationship between the regulations related to audit rectification and the background of the times,the development history of audit rectification of budget execution and financial revenue and expenditure in China is sorted out.By analyzing the audit rectification reports issued by the Audit Office of China,it is concluded that the current audit rectification of budget execution and financial revenue and expenditure in China has problems such as insufficient information disclosure of rectification announcements,inadequate implementation of the main responsibility for rectification,lack of supervision and cooperation,and gaps in the quality of rectification results.Afterwards,taking the audit rectification work of X City Science and Technology Bureau as an example,while summarizing its long-term mechanism practice,it points out that there are problems in its audit rectification process,such as high risk of rectification identification,low participation of the party committee,lack of continuous follow-up and inspection,and lack of extensive application of rectification results.Then,in response to the above problems,in Chapter 5,countermeasures are proposed to improve the long-term audit mechanism for rectification of budget execution and financial revenue and expenditure at this level in terms of strengthening the leadership of the Party,standardising the audit rectification announcement system,normalising the dynamic tracking of audit rectification effects,and expanding the application of audit rectification results;finally,the full text is summarised and looked forward to.