Financial Supervision Mechanism In China

Our audit storm caused a huge social repercussions, so that the public budget for the implementation of the State to pay more attention. Because of the budget under the supervision of the department of government audit institutions, so the people have a high expectation on each level of the congresses'budget monitoring. Financial rights as an important component of state power is an important constitutional issues for the entire of country's social and economic development are very important. Therefore, many countries through a constitutional right based on the content and principles of finance in recent years, build up the financial supervision system. Exercise of the right to make financial democracy and the rule of law is more accord with people's requirements.When a country's financial supervisory system to function effectively, then this country's democratic system will inevitably be steady state, the state administrative organs in various corruption is not easy, economic development and the environment will be protected; the opposite occurs democratic system cannot play a role state administrative organs prone to corruption and other issues, we can see how important is the financial supervision system for a democratic constitutional stateDemocratic constitutional system in some countries, the main way for financial supervision and oversight of Parliament, mainly on the administrative authorities to supervise the implementation of the budget in this country is in such a way. Our Constitution clearly states that the "National People's Congress the right to review and approve the state budget report and budget performance in the National People's Congress NPC Standing Committee, the implementation of inter-state that occur during the budget adjustments required for approval.". Above provision shows that China pursues a budget for the same system of parliamentary oversight, and full compliance with the requirements of constitutional democracy, but in practice there are some problems, such as the lack of clear provisions of the corresponding practical and effective system, leading to the NPC budget monitoring not carried out, in practice be limited to procedural issues, often a mere formality issue, turned into a secondary supervisory authority, is to make the serious consequences of such a large deviation from the budget monitoring of the track, resulting in a budget work disconnect supervision of the NPC budget problems, a serious departure from the idea of democratic constitutionalism. These problems are absolutely the top priority of the budget monitoring system. From the budget monitoring in general theories of analysis to the government budget parliamentary oversight system as the main object of study, were investigated Britain, Japan, the United States, Germany, the four countries budget parliamentary oversight system for research into their theoretical basis, content and impact on four countries of the budget monitoring system for comparative analysis, to learn from foreign advanced system. According to the situation of our country, analysis of the budget realities of the NPC and the Budget Supervision disadvantages put forward a sound system of budgetary monitoring measures for improvement, above all, from the current system of administrative management and supervision paradigm shift to parliamentary oversight, and then the reality of budget monitoring institutional reforms, improve the legal system related to the construction budget oversight, the real legal basis to monitor our budget and specifications for the development of constitutional authority can also give them the right to implement the budget oversight...