Research On Risk Oriented Audit Of Waste Incineration Power Generation PPP Project

Public-Private-Partnerships has become new way and the new exploration of the garbage incineration power generation.On the one hand,it can improve the garbage problem effectively,improve the level of resource utilization and Promote the development of environmental protection.On the other hand,it can promote the construction of garbage disposal facilities,improve the allocation and utilization of public resources,provide better public services,and promote the healthy development of public and non-public sectors of the economy.However,there are a series of risks and uncertainties inherent in the waste incineration power generation PPP project.For example,the government lacks experience,the relevant laws and regulations are not sound,and the policies and measures are not in place,and the industry supervision is ineffective,which causes the ecological environment pollution and the deterioration of the living environment.At each stage of the project,there are financial management drawbacks such as the cost and income inequality,which leads to economic benefit.Currently,the effective audit supervision mechanism has not been formed,and it fails to effectively prevent the operation risk of such projects.Through statistical analysis,this paper fully identifies the project risk and forms the risk library of the waste incineration power generation PPP project.This paper summarizes the high frequency risk factors of 15 waste incineration power generation PPP projects with different operation effects and different regions,and determines the key audit areas.Risk-oriented audit theory,fiduciary duty theory,the immune system theory,life cycle theory,stakeholder theory,synergy theory of regulation,and combining with the audit main body,according to the principle of risk in the end,the rational allocation of audit resources,constructing multi-dimensional,deep and systemic model of audit.For waste incineration power generation the five stages of the PPP project risk,namely project value evaluation,financial capacity,feasibility study,implementation of the scheme,structure,contract system,the supervision system,the risk allocation framework,the bidding work,payment risk,construction fund changes with quality,operating costs and benefits,environmental impact,the salvage value,unable to transfer risk,adopt appropriate measures to deal with risks,to reveal and guard against the risk.Thesis finally with XX waste incineration power generation project cases,for the construction of the validated the feasibility of the risk-oriented audit mode,in order to through effective risk-oriented audit supervision mechanism,healthy and stable operation of the PPP project,to maximize social benefit,economic benefit and environmental benefit.