On The Financial Expenditure Surveillance Legal System

People’s livelihood fiscal spending oversight is one of the priorities of the country’scurrent financial supervision. Tax reform in China since the beginning of the20thcentury, gradually began to establish a market economy and taxation legal system,unified corporate income tax and personal income tax, improve the turnover tax reform,and achieved good social effects. But from the overall point of view, China’s fiscalexpenditure supervise legal dispersed in various parts of the legislation, not yetestablished the full fiscal spending supervising the legal system, which restricts theimprovement of financial supervision mechanism. The main target of financialsupervision, including financial income and expenses, relative to the income andexpenditure supervision is to ensure that finance "from the people and giving back topeople, give full play to the important means of financial livelihood security, adjustingstructure, promoting growth. In order to protect the effective implementation of thebudget, the establishment of the legal system for the supervision of financialexpenditure is imperative. With the people’s livelihood finance "theory proposed,highlighting the importance of sun oversight of financial and fiscal expenditures. Thisarticle is from the point of view of the people’s livelihood and financial paper discussesthe fiscal expenditure monitoring its system architecture.This paper is divided into four chapters introduce how to build a legal system forthe supervision of financial expenditure.The first chapter is the theory of the people’s livelihood and supervision offinancial expenditure. Concrete from three aspects: First, people’s livelihood andfinancial connotation. Understand the concept of people’s livelihood finance. Thesecond is the understanding of the people’s livelihood and financial expendituresupervision. Third, is the analysis of the theory of the oversight of financial expenditure.Analysis of principal-agent theory, the right to check and balance the theory of publicchoice theory and the theory of public finance, and stressed the importance of thesupervision of financial expenditure.The second chapter is the current situation and problems of the legal system ofpeople’s livelihood and financial expenditure supervision. Forth from three aspects: First,the goal of the legal system of the fiscal expenditure supervision. Second is about the status of the legal system of fiscal spending oversight. Comb from the three parts of theConstitution, laws, and regulations, respectively. Third are the existing problems.Mainly include backward spending oversight of law, and legal between not supportinguncoordinated conflict, not expanded budget oversight mere formality, performancemonitoring and accountability mechanism is not established, the law enforcement is notauthoritative.The third chapter is the international study of the legal system of fiscal spendingoversight. Firstly introduce foreign typical financial expenditure supervision mode.Second analysis of he borrowed our specific.The fourth chapter is thought to improve the supervision and the legal system ofour people’s livelihood and financial expenditure. Have four main aspects: First, clearthe nature of people’s livelihood and financial premise. The second is to try to analyzehow sound legal system for the supervision of financial expenditure. The specific designof the legal system of supervision of financial expenditure, To budget monitoring as thefocus of the supervision of the people’s livelihood and financial expenditure. The fourthis to strengthen the supervision of law enforcement work of the people’s livelihood andfinancial expenditure, in order to enhance the quality and improve the responsibilitysystem of spending oversight personnel.