Studies On Announcement Institutions Of Audit Findings In China

December 2003, the National Audit Office of China published an announcement of audit findings about Special Funds and Social Donations for Severe Acute Respiratory Syndrome (SARS) Prevention and Treatment. From then on, china has founded announcement institutions of audit findings and gained so huge fame that people called it as"the storm of audit". Moreover, more people played attention to the work of CNAO and the head of CNAO, Li Jinhua, was elected as one of"Ten Persons of China Economy Year"in 2004. During the course of building a harmonious society, it is very important both in theory and in practice to implement announcement institutions of audit findings. Therefore, the author selects this theme as the object of research.This paper consists of four parts:The first part summarizes announcement institutions of audit findings, which includes the basic concept, its connections to government audit and government information open and current references in this field.The second part is devoted to an analysis of situations of implementing announcement institutions of audit findings. It discusses the factors driving the institutions to come into being, the effect of practicing the institutions and related problems such as risk and legal liabilities of the institutions and so on. The third part is devoted to a theoretical study of announcement institutions of audit findings. From the views of economics theory, politics theory and legal theory respectively, the author tries hard to search for the essential factors of adopting the institutions and the effect of the institutions.The last part introduces how the announcement institutions of audit findings have been used in the representative countries under four main types government audit. And the author also compares the institutions in detail between in U.S. and in China. According to U.S. experiences and the situation of China, the author gives some advices to improving the institution in China.