Financial Supervision In The Framework Of Public Finance

As China's socialist market economy gradually establish and perfect, a pressing need to form a market economy in the public financial management system. At the same time, financial management is also asked to open, fair and just. The study of financial supervision in the framework of public finance, is to adapt to Chinese socialist market economy's improvement; is to construct a new framework of public finance needs; is to consolidate the domestic market economy, especially the need to straighten out financial order is to improve fiscal capital efficiency needs; but also the inevitable socio-economic development requirements.This paper studies the relevant economic theory of the financial supervision. By the comparison of financial supervision and supervision over financial institution, there is clear distinction between them. On this basis, then we discussed the financial supervision and auditing, discipline inspection and through the study of scope of supervision, we point out the practical error that financial supervision is equal to auditing supervision. Finally, we combine the financial supervision with public finance, discuss the framework of public finance briefly under the financial supervision of the features and functions. Financial supervision is an important part of financial management system, which should be subject to financial supervision and services in the socialist market economy and the overall financial management system requirements.In this paper, the writer analyzed the financial supervision mechanism of change since the founding of New China, illustrates the financial supervision is changing with the social and economic development. In the 60 years of financial supervision practice, China has accumulated rich and valuable experience, which has a historical significance for the improvement of the Financial Supervision mechanism. Based on the analysis of financial supervision in the history of evolution, point out the practice problems in China's financial supervision at this stage and analyzed their causes briefly. Meanwhile, the book research the foreign financial supervision in some developed countries the practice of representation by summing up several foreign countries the best practices aimed at foreign financial supervision practices through the analysis, summarized the financial supervision of China's future with reference things.This article also study on building the new financial monitoring system in the framework of public finance, and focused on financial supervision in line with our national conditions and the theory of positioning systems. On this basis, this article attempts to construct a public finance system, to build some new ideas about the financial supervision system in China under the proposed financial supervision mechanism, which has a positive and practical significance for the improvement of the Financial Supervision mechanism.Finally, we proceed from how to improve financial supervision in Chinese perspective, and put forward a number of advices of the financial supervision system, policy recommendations. We have to admit that we are just making initiate efforts to conduct research in this respect in this book yet we still hope that our efforts will benefit those financial supervisors so that they can do better in thinking about and dealing with such a problem.