Research On The Influencing Factors,effects And Countermeasures Of Government Auditing Strength

In recent years,with the rapid development of China's economy,the party and the state have paid more and more attention to the audit work,which has brought opportunities and challenges to the development of China's auditing industry.For the first time,the Fourth Plenary Session of the 18 th CPC Central Committee put forward the requirements for auditing the public funds,state-owned assets,state-owned resources,and leading cadres to perform economic auditing.Subsequently,various documents of the Central Office and the State Council pointed out that the implementation of “full audit coverage” means that increasing government auditing is an urgent need for audit supervision.In March 2018,the State Administration Reform established the Central Audit Committee with the aim of better playing the role of audit supervision.In May 2018,General Secretary Xi Jinping,as the director of the Central Audit Committee,put forward the requirements for “expanding the breadth and depth of audit supervision” in the first meeting after the establishment of the Central Audit Committee.These actions reflected the party and the state without exception.Urgent requirements and determination to strengthen auditing.So,what is the current state of auditing of audit institutions? What are the influencing factors of government auditing efforts? What is the relationship between audit strength and audit effectiveness? What efforts should the auditing agency make in the “full coverage of auditing” process? The above questions are urgently needed to be answered.In the literature review section,this paper sorts out the relevant literature on the connotation,influencing factors and effects of government auditing,and summarizes the research conclusions of scholars at home and abroad.It is found that in the existing literature,there is no consensus on the connotation of government auditing.The research on the factors affecting auditing is relatively lacking.It does not pay attention to the political promotion potential,the local economic level and the role of auditors in auditing.In addition,scholars have different views on the impact of auditing on audit effectiveness.Therefore,the necessity of this study is also determined and analyzed on this basis.In the research on the influencing factors of government auditing,the corresponding research hypotheses are proposed based on principal-agent theory and incentive theory.Through the acquisition of "China Audit Yearbook","China Statistical Yearbook" and other materials,select the relevant data construction model of local audit institutions from 2009 to 2016 and conduct empirical analysis.The results show that:(1)the number of local auditors will significantly improve auditing;(2)the potential for political promotion of local government heads,the potential for political promotion of local auditors,and the level of local economic development are negatively correlated with auditing.In the research on auditing strength and auditing effect,based on deterrence theory and game theory,the research hypothesis is put forward,and the relevant data construction model of local auditing institutions from 2009 to 2016 is selected and empirical analysis is carried out.The results show that:(1)The government auditing efforts have a good audit effect by suppressing the degree of violations of the units in the trial year;(2)The auditing prevention path has a preventive effect on the degree of violations in the next year.Therefore,the development of the government auditing industry urgently needs to increase the intensity of auditing.The path to achieve this goal is to rationally allocate auditing resources and improve the auditing management system and the evaluation mechanism of leading cadres.It is imperative to improve the corresponding policies,so as to ensure the efficient implementation of the government's audit work,and to play the three major battles with the full coverage of the audit.