Strategy Study Of Issues Discoveredin Economic Responsibility Audit Of China Academy Of Space Technology

Economic responsibility audit is unique to China, the auditing system with Chinese characteristics, is refers to the party and government leadership or state-owned and state holding enterprises leading personnel in the area, unit to audit the financial revenues and expenditures and related economic activities, the evaluation of the execution of its economic responsibility. In recent years, the political economic health reform in our country, the economic responsibility audit work is also constantly improve, the leading personnel performance appraisal plays an important role, is leading personnel performance evaluation is an important part of, strengthen the supervision and management, promote the value of state-owned assets, the benign development of the economic health of the enterprise plays an important role.This paper chooses the China Academy of space technology as study object. Based on empirical study of one annual economic responsibility audit of 10 affiliates, development of economic responsibility audit is reviewed. Issues have been summarized and categorized which mainly includes problems in system construction, assets management, tender process, practice of accounting and economics, corporate governance and external regulation. Analysis has been performed and reasons have been attributed to disconnection of system construction and execution, weakness of management consciousness of state owned assets, randomness of tender process, poor supervision function of accounting and economics, administrative intervention and weak risk management system. According to the above analysis, improving measures have been raised which include optimization of system construction process, innovation of state-owned assets management mechanism, establishment of information management platform for tender process, implementation of joint audit, improvement of market-adapted corporate governance and strengthen construction of risk analysis system. Suggestions are made for future economic responsibility audit which includes expanding auditing area, strengthening the role of administrative accountability, controlling crucial point in work flow and strengthening oversight of audit correction.Through the study of problems emerging during economic responsibility audit of China Academy of space technology, hidden risks and loopholes of enterprise under fast expansion have been revealed and analyzed, the conclusion of which provides enlightenment for standardized management, prevents violation of regulations and promotes sound development.