Optimized Suggestions On Construction Project Tracking Auditing In Public-private Partnership Pattern

The public-private partnership pattern was first applied to project construction in Britain in the 19th century,which can greatly relieve the financial pressure of the government on infrastructure construction and public service supply projects,stimulate the vitality of social capital,and bring high quality social welf-are to people,so as to achieve the goal of mutual benefit.The PPP pattern has existed in China for more than 20 years,but it has not been paid,much attention by the government.Since 2014,China has gradually started to promote and develop the PPP pattern.Over the past five years,more than 7 000 projects using the PPP pattern have been put into storage,involving a total of more than one trillion yuan.The new method also brings new problems.Although the PPP projects are springing up like mushrooms after rain in China,these projects generally have the characteristics of long span of construction and operation cycle,huge amount of money involved,complicated operation process,etc.,and most of them are important projects related to the welfare of people’s livelihood and national security and stability.Therefore,how to audit and supervise these projects to ensure the smooth implementation and completion of projects so as to benefit the people is a new problem that must be solved by the national audit institutions.PPP projects are generally divided into five phases:identification,preparation,acquisition,execution and transition.Each phase has a more detailed operational process.For auditors,this means that there may be various risks throughout the entire project lifecycle.Traditional construction projects usually only involve the audit of final accounts of completed projects,that is,the post-audit,which cannot solve the audit of PPP projects with long contract period and long-time span.Therefore,it is necessary for auditors to carry out audit on PPP projects in the way of whole process tracking.On the basis of fully consulting the relevant literature and theoretical basis of PPP pattern construction project audit,this paper makes a comparative analysis of the whole process tracking audit of PPP pattern and traditional mode construction project.At the same time,combined with specific case of ABC Yangtze River Bridge,the audit focus of each phase is analyzed in detail,and five problems which may occur in the audit process are summarized as the following.Firstly,audit subject of PPP project remains controversial;Secondly,auditing of local PPP pattern projects lack of audit professionals;Thirdly,audit method of PPP pattern projects still needs to be improved;Fourthly,more complex audit content of PPP projects;Fifthly,insufficient audit intensity of some key links of PPP pattern projects.Finally,combined with the research conclusions,this paper puts forward optimized suggestions that can be extended to audit work of other PPP project,and specific suggestions include:Firstly,promote audit legislation and make it clear that government audit is the subject of auditing of public-private partnership pattern;Secondly,construct PPP project audit professional training system;Thirdly,establish full coverage audit mode of PPP project based on big data;Fourthly,expand scope of audit supervision of PPP pattern project;Fifthly,reinforce auditing of value for money.