Follow-up Auditing Research On The Government Investment Construction Projects

With the development of society and the progress of science and technology, construction projects are evolving and developing constantly from form to content, with scale bigger and techniques updated. The long-term and complex constructing process and the fact that the management and use of funds are throughout the whole process, can easily result in the loss of funds. Carrying out the follow-up audit is beneficial to controlling construction costs timely and assures that funds are used reasonably and legally and can remind and help the construction units to improve the management level, stop up the loopholes, reduce losses and waste, promote the project management, control construction costs, and improve investment beneficial results. The construction projects approved by Audit departments are often the key investment projects of government. Therefore the voice on that government investment projects demanding follow-up auditing is getting louder and louder. Through in-depth analysis of follow-up audit of government investment construction projects, it would be more effective to guide audit work to perform their duties and provide relevant information and reference for scientific decisions timely.The current audit departments perform final account audit to government investment construction projects, which belongs to "post-audit" and means the way of audit evidence obtaining is seriously lagging behind and is unable to audit thoroughly. In order to increase audit supervision of government, the strategic pass of audit supervision must be pre-shifted. Thus, the follow-up auditing arises at the historic moment. It combines pre, concurrent and post-audit organically and makes the audit supervision throughout the whole process of government investment projects.This article focuses on the study and discussion of follow-up audit of government investment construction projects. It takes the relevant theories of government investment construction projects as the starting point, analyzes the government audit elementary theory, the performance audit theory, the process dynamic control theory, compensates for the hysteresis quality of government construction projects follow-up audit theory, solidifies practice achievement of government construction projects follow-up audit, forms the follow-up auditing theory system, and provides the theoretical basis for promoting follow-up auditing experience. This article subdivides follow-up audit, summarizes the links of implementary system of follow-up audit, thus causing the systematization of government investment construction project follow-up audit research. In reference to the management experience of domestic and foreign construction projects, it proposes more refined follow-up auditing operating procedures by combining the factual situation of follow-up audit in our country. This article studies the present situation of follow-up audit while summarizing the practical experience of follow-up audit, proposes the existing problems restricting the development of follow-up audit, puts forward the strategies to deal with the main problems in practice, enriches and improves follow-up audit theory and fosters the development of follow-up audit, realizing the close combination of theory and practice. In terms of research technique, this article lays stress on theory analyzing method, document analyzing method, inspection and investigation method etc. and elaborates on the main points of government investment construction project follow-up audit from all sides and therefore puts forward operable strategies and proposals based on these.