The Research On Problems Of Fiscal Budget Supervision Roles’ Construction And The Countermeasures

As China’s economic development, the role of fiscal policy become more andmore important, but the budget is the core of national fiscal policy. Fiscal budget isthe blueprint of the whole year’s fiscal policy. Budget monitoring as an importantcomponent of financial supervision is to protect financial functions. Throughout allaspects of financial operations to ensure national fiscal policy and macro-controltargets go on well. And it has national significance in achieving a prerequisite offinancial resource allocation, income distribution, economic regulation functionseffectively. With the reform of administrative management system and the increasingawareness of democracy, budget preparation, implementation and final accounts ofthe process got more and more attention. However, the budget as the basis of thefinancial management, in the preparation, implementation, final accounts and a seriesof process did not get effective oversight. The most important reason is that thesupervision roles did not work very well. Therefore, how to build and improve budgetmonitoring mechanism, particularly build the establishment of financial mechanismsonto the transparency, the rule of laws, procedures, and standardized track, it is a veryinteresting and important issue.Although China has initially formed a diversified financial budget oversight body,the legal system has also made a breakthrough, but the problems behind the defectsand loopholes in the management of the budget still cannot be ignored. In this paper,used a lot of qualitative analysis, combination of macro-and micro-analysis andinductive and deductive research methods, made a full analysis of the problems ofChina’s budget monitoring deficiencies, and proposed countermeasures.At first there is a brief introduction of the main basic principles of the fiscalbudget and the definition of the mechanism. Described the budget supervision rolesand classified them according to different standard and defined the factors of themechanisms as well as the first foreign supervision theory. And monitoring of thestatus quo of China’s budget for a simple analysis, mainly for budget monitoringachievements and shortcomings were analyzed, play the main role of China’s lack ofsupervision and performance are: the legal system on the basis of imperfect lead toinadequate supervision of the main right and supervision of the main lack ofenthusiasm, the relationship between the oversight of the main uncertainties in the appropriate supervision of the main process is imperfect, methods of supervision andpassive lag, lack of communication between the oversight of the main coordinationmechanism to oversee the main departments with the supervised asymmetricinformation problems, leading to the main role of our financial budget monitoringmechanisms are inadequate. Finally, gave a countermeasures to building the fiscalbudget supervision roles playing mechanism, the state system of supervision in theplay the main role on the basis of giving full play to the public and the media system,the role of external oversight body, established by the construction of e-governmentperfect information disclosure system, improve the supervision of the appropriateprocedures to form a ring by the oversight body composed of the closed chain ofsupervision, strengthen communication and coordination between the supervisorybody, the establishment of a common budget monitoring information network, givefull play to the role of the oversight body.