Governance Theory Of New Public Administration And Mechanism Innovation In Government Auditing

In the view of economic theory, Governance theory of new public administration gives standpoints as follows:Public sectors are responsible to supply public goods or services, and emphasize that it is necessary to use market mechanism as intangible hand to overcome errors in public sectors, use market force to realize effective public management.If the above-mentioned opinions used in government auditing, we willconceive a new concept -public auditing services. Focusing oneffective supply of public auditing services, we will find that government auditing needs reforming its working responsibility and methods in the process of supply of public auditing services. Then we suggest that government auditing needs changing its role from rowing the boat to piloting the boat in the process of supply of public auditing services. It needs trying its best to use market mechanism to supply public auditing services and protect the people of relevant interest in the way of governance. The structure goes below. The first section is the foreword. The second briefly discusses and diagnoses the new phenomenon of government auditing, it implies that government auditing needs innovating. The third discusses the key concept and intention of governance theory of new public administration. The forth discusses the effective apply of governance theory in government auditing of foreign country, and the applicability in Chinese government auditing. The fifth discusses four innovation principles that are inferred from governance theory of new public administration. The last section interprets that government auditing will change its working responsibility, methods, service object, importance and so forth. The present paper attempts to introduce a market mechanism and competition concept into government auditing.