Researching On The Risk And Prevention Of Local Party And Government Leading Cadres' Economic Responsibility Audit

Economic responsibility audit is full of Chinese characteristics.Requirements of the full coverage of economic responsibility audit has promoted it more comprehensive and normalized.However,little attention is paid to audit risk.Xi Jinping pointed out that “strengthening the construction of audit institutions” and preventing audit risks is a key to it.The audit content of local party and government leading cadres' economic responsibility audit is more comprehensive,which consists of the audit to policy implementation,financial revenue and expenditure,local government debt management and so on.The result of economic responsibility audit affects the appointment of leading cadres,and the failure directly reduces the credibility of audit institutions and promotes the wrong leading cadre.In summary,it is important to prevent the economic responsibility audit risk for improving the quality of audit work.In this paper,the related researches of economic responsibility audit has been summarized to understand its development process and risk theory.Based on public management theory,fiduciary duty theory,and risk management theory,this article analyzes the risk of economic responsibility audit of mayor M of a city from four aspects.The lacking of auditors,the singleness of auditors' knowledge,the interference of the audited leading cadres and etc.would lead to economic responsibility audit risk.Aimed at causes of economic responsibility audit,this article proposed some risk-preventing measures such as to arrange economic responsibility audit work reasonable,to improve the quality of audit projects,to use new auditing methods,and to strengthen the awareness of risk prevention.For the first time,this paper analyzes the types and causes of economic responsibility audit risk based on a real case,and puts forward some risk-preventing measures.Besides,there are some limitations in the research because of the single case.