The Mayor Of Economic Responsibility Audit Legal System Research

With the further development of the modern audit, the function of audit also has changedgreatly as its role shifted from the traditional financial examination to the constraints of publiceconomic rights. As a unique model of audit and supervision, audit of Mayor’s economicresponsibilities is an important means of oversee the prevention of public corruption and theprevention of major economic advance making mistakes. However, restricted by the existingadministrative system, the current audit of Mayor’s economic responsibilities could not meet thedeserved effect and impact of the mayor of economic responsibilities. This paper focuses on theproblems demanding prompt solution in the audit of Mayor’s economic responsibilities, usingthe entrusted responsibility relationship mechanism as a point of departure and the loopholes inthe laws in the current audit of Mayor’s economic responsibilities as a means. It is necessary toadhere to the actuality of china and learn the successful audit system from Western countries,solving problems in the audit practice from the legal system.This paper consists of three major parts. The first part defines economic responsibility,introduces laws concerning economic responsibility audit, elaborates the range and target ofmayoral economic responsibility, reviews the different manifestations of economic responsibilityin different historical periods and thus pinpoints the modern economic responsibility of mayor.The second part focuses on the description of the present situation and existing four problemswhich mainly include audit announcement, audit evaluation, audit independence and audit result.The problems of mayoral audit announcement lie in the narrowness of its range, lack ofguarantee of authoritative laws, lack of consensus, lack of measures which can be used to copewith disputes, the uncertainty of announcement date, subjectivity of the judgment of mayoraleconomic responsibility audit with no index system for reference, the difficulty of using auditresults, lack of application mechanism and accountability mechanism, the audit independenceaffected by administrative audit, as well as the restrictions on staff and finance. All of thesefactors combined hinder the realization of audit goals. This paper probes the system defectswhich restrict the development of mayoral economy, analyses the system factors in the disguiseof natural factors and categorize these problems. Based on the above analysis, the third part ofthis paper comes up with the legal conceptions of mayoral economic responsibility audit andsome constructive suggestions concerning audit announcement, audit judgment, judgeindependence and audit results. It pinpoints the function of audit announcement and itsannouncement date, offers ideas and principles for the construction of mayoral economicresponsibility audit and judgment system, and suggests establishing special departments for the purpose of executing audit results of mayoral economic responsibility as well as modifyingcurrent audit system to set up an audit group free of outside interferences.The launch of mayoral economic responsibility audit plays a key role in the construction ofpublic rights, especial restriction system of economic rights. However, with the deepening ofmarket economy, mayoral economic responsibility audit is undergoing constant reforms. How toestablish the laws and regulations of mayoral economic responsibility audit with Chinesecharacteristics, which are in accord with reality, is a long-term exploration task. So it isnecessary to locate goals mayoral economic responsibility audit.