Government Audit Function Effects On The Security Of Financial Capital

In 2016,the world economic recovery in small temperature,China's macro-economy showed a downward trend,insufficientinvestment growth potential,obvious financing bottleneck constraints,enterprise management difficulties and other issues highlighted,downward pressure on the economy and the risk is still greater,given the financial funds for the national economy to reveal the fallback characteristics,ensuring the security of financial funds become a necessary requirement to maintain the safety of national economy.The government audit has been used as a basic tool system of the primary responsibility of maintaining the safety of financial funds.the transformation of government functions,expand the scope of state audit and the pluralisticsituation of state governanceput forward new opportunitiesfor the government audit maintenance for financial security,from the traditional focus only on legal compliance operationof financial funds gradually turned to common development of legal compliance and benefit,from “audit”audit gradually turned into “big data” audit,further optimizing the structure of fiscal expenditureand enhancing the fiscal co-ordination,however,there are still many security problems in China's financial funds,China's government audit institutions have been committed to improving the safety management of financial funds.In view of this,basing on the “immune system theory”and“theory of state governance”,the data of the provincial audit office from 2007 to 2011 as the study sample,empirically examined government auditing function for the influence of the safety of fiscal fund,and draw conclusions as following:(1)The government audit function of prevention and reveal significantly affects the safety of financial funds.Government audit institutions through the submission of audit recommendations,revealing the illegal operation of the financial funds,loss and waste,non-standardized management,to urge being audited institutions to adopt the audit recommendations to strengthen financial reform efforts,effectively played government audit prevention function and reveal function.(2)The government audit resist function has no impact on the safety of financial funds.Dealing with financial funds and transferring the involved people did not give full play to the government audit resist function.Perfecting the state audit accountability mechanism,strengthening the reveal function of the state audit and establishing audit function implementation mechanism on state governanceorientation is of great significance to maintain the economic security and financial security.