A Study On The Current Situation And Countermeasures Of Budget Implementation In Yangzhou City

Budget implementation audit is the main content of financial audit. With the deeper reform of the budget management, higher requirements is put forward for budget implementation audit. Budget implementation audit must focus on management, reform and performance, exerting the constructive role of audit, promoting the reform of fiscal system, establishing and improving the system of public finance, facilitating the achievement of goals set in fiscal policies, bringing audit supervision’s function of "immune system" into full play in China’s economic and social operation.From the audit results of budget implementation, key projects and department budget implementation at the corresponding levels in the city of Yangzhou City in recent years, instructed by the public fiduciary duty theory, theory of public finance and audit "immune system" theory, through the inspection on budget implementation and supervision, the author discovers that there exist problems not only with the fiscal funds in budget and in the use process but also with the budget implementation audit itself. Based on the real situation in Yangzhou, this thesis makes an in-depth analysis of the reasons and puts forward the countermeasures of perfecting Yangzhou City’s budget implementation audit.Through the study, it is found that the problems with Yangzhou’s budget implementation audit mainly include:the local audit work lacks independence; the relevant laws, regulations and researches into practical guidance are not adequate; the audit scope is so limited so many problems cannot be further investigated; audit concerns fail to keep pace with the times, resulting in the problem that not enough attention is paid to auditing’s authenticity and legitimacy, profitability, and the auditing of the local government’s debt; the audit is not enough at the level of government decision making and policy implementation; the strength of audit itself is not enough and the utilization rate of the results of the budget implementation audit is low, which results in the situation that the audit conclusions can’t meet the needs of the local governments and the National People’s Congress, etc. Through further study, it is found that the causes of these problems are various. On the one hand, the thinking mode of traditional audit is a factor. On the other hand, the system design can’t keep up with the development of situation after the establishment of laws and regulations. In addition, auditors’ quality is not promoted fast enough, the running mechanism is updated slowly, and the means and methods of audit lack innovation, etc. All of these factors constitute the primary causes for the above problems.This paper argues that perfecting Yangzhou’s budget implementation audit can be conducted from the following several aspects:first, the reform of auditing system should be actively explored and the independence of the local audit institutions should be improved; second, the relevant laws and regulations should be improved and the theoretical researches should be strengthened; third, the budget implementation audit should strengthen and highlight performance; fourth, the field of budget implementation audit should be expanded continuously, and the concerns of budget implementation audit should be timely updated; fifth, the rectification of budget implementation should be paid attention to and the application of the results of budget implementation audit should be strengthened; sixth, all the audit resources should be integrated, innovating audit operating mechanism; seventh, the informatization and intelligentization of local budget implementation audit should be strengthened; eighth, budget implementation auditors’quality should be constantly improved.