The Study On Performance Audit Evaluation System Of Public Investment In Rural Areas

Public investment in rural areas is the investment which the Government and other public sector carry on in resources and elements with public goods attributes in the activities of the rural economy for the public interest. It is the main source of funding for a new rural development, is the focus issue for implementing the urban and rural development strategies and the implementation of the construction of new socialist rural areas, but also the key measures to solve the "three rural". Public investment in rural areas plays more and more important parts in promoting rural economic and social development. There are a number of issues that can not be ignored in the process of public investment in rural areas, mainly including unsatisfactory investment performance, serious losses and waste remain, low-level redundant construction. Facing with these circumstances, the audit authority not only audits the non-regulatory behavior in the use of funds for public investment in rural areas, but also the efficient and effect use of capital, that is to carry out performance audit to public investment in rural areas.In this paper, in the light of the evaluation of performance audit in public investment in rural areas related theory and the operation of practice, comprehensive use of comparative analysis, combining standardized research and empirical studies, qualitative and quantitative analysis and system research and so on, based on depth and systematic understanding of China's rural public investment performance audit evaluation system, induction, summary, comparison and assessment of foreign performance audit specially based on the related situation of performance audit of public investment, researching a system which can be applied to our performance audit evaluation of public investment in the vast rural areas.This paper has an important theoretical value and practical significance in improving public investment in rural areas, as well as the basic theory of evaluation of public investment performance audit, improving the efficiency use of the funds for rural public investment and protecting China's socialist new countryside construction to go smoothly.This article mainly includes the following content:Chapter I: Introduction. First of all the issues raised-public investment in rural areas of performance evaluation system of audit and analyzing the significance of the topic, and then summarizing the study at home and abroad, and finally describing the study methods, research routes and main content as well as innovation and lack in this article.Chapter II: the theoretical basis of performance audit evaluation of public investment in rural areas. First, it discussed the relevant theoretical knowledge about public investment in rural areas and analyzed its characteristics and role. And then it introduced the relationship of the principal-agent concept and principal-agent relationship,the relationship of the principal-agent theory and the theory of performance audit. Finally, it made an overview of the performance audit, analyzed the relationship of performance audit,financial audit,management audit.Chapter III: the necessity and feasibility of carrying out public investment evaluation of performance audit in rural areas. First of all, it discussed the need for performance auditing of public investment in rural areas from the democratic and legal construction, improving the investment management system, economic and social development and other aspects. Then, it analyzed the feasibility of the performance of public investment in rural areas from technical basis, sector's emphasis,domestic and foreign experience and so on. Finally, it pointed out the initial attempt of our performance audit evaluation of public investment in rural areas.Chapter IV: the experience reference of foreign evaluation of the performance audit. This chapter reviewed the development of the evaluation of foreign performance audit, and come to three main stages: the budding,the formation and the rapid development. It introduced the status of the performance audit evaluation by making Canada, the United Kingdom, the United States, Australia and other four countries as examples, and finally it summed up the experience of performance audit evaluation abroad: determine the legal status of the Performance audit; lay down related laws and regulations of Performance audit; using a variety of forms and manners of performance audit from the actual situation; establish evaluation index system to promote carrying out evaluation of performance audit work and so on. This part had an important inspiration of performance audit evaluation in China's rural public investment.Chapter V: the construction of the performance audit evaluation system of rural public investment. This chapter introduced the performance audit evaluation methods of public investment in rural, and built the index system of a performance audit evaluation of public investment in rural areas in the light of the values and basic principles on the evaluation of performance audit of public investment in rural areas, this index system included five aspects: economic indicators, efficiency indicators, effort indicators, equity indicators, satisfaction indicators, and thirty basic indicators ,finally proposed two sets of application plans on the index system: general program and comparison program.Chapter VI: The ideas to perfect the performance audit evaluation system of rural public investment. This partial gives six aspects: Sets up the concept of performance audit, processes the performance audit and the financial audit relations correctly; tight auditing work independence, guarantees the fairness and justice of performance audit result; Use modernization auditing technique, advance performance audit information; carry out the performance audit experimental work positively, form a set of effective performance audit procedure; Integrate audit resource effectively, form a high-quality public investment performance audit team; carry out the audit announcement system gradually, relate the results and accountability system and reward and punishment systems.Chapter VII: concluding remarks. This chapter pointes out conclusions and questions that needs to further study in this paper's research.