A Study Of Fiscal Budget Implementation Audit Under The Full Audit Coverage

Financial audit has been the focus of the national audit review content.While as an important part of financial audit,fiscal budget implementation audit plays an indelible role in ensuring the normal operation of fiscal budget implementation and fiscal financial revenues and expenditures of the authenticity,legitimacy and profitability,especially in the context of a complete coverage of the current audit,with the deepening and perfection of financial system reform,the importance of the budget implementation audit is becoming more prominence.It should be taken seriously.The fourth plenary session of the 18 th CPC central committee has put forward the requirements of full coverage of audit supervision.General Office of the CPC Central Committee and General Office of the State Council also clearly proposed the implementation of full audit coverage on public funds,state-owned assets,state-owned resources and leading cadres' performance of economic responsibilities in “ Implementation opinions on the implementation of full audit coverage ” on December 8,2015.The 19 th CPC national congress made a major decision to reform the audit management system.The third plenary session of the 19 th CPC central committee deliberated and adopted the plan for “ Deepening the reform of party and state institutions ” on February 28,2018,and established the audit commission of the CPC central committee.It also stressed the need to strengthen the overall planning of national audit work,optimize the allocation of audit resources,and build a centralized,unified,comprehensive,authoritative and efficient audit supervision system.These measures have put forward new and higher requirements for the current financial budget implementation audit.Combined with the current background of full audit coverage and taking the basic theory of financial budget execution audit as the starting point,this paper explains the concept of full audit coverage and the meaning and content of financial budget execution audit,and reviews the domestic and foreign literature on financial audit,performance audit,full audit coverage and budget execution audit.Besides,it expounds the principal-agent theory,fiduciary responsibility theory and public finance theory in depth,and lays the theoretical foundation of the whole paper.On this basis,this paper analyzes the objectives of the financial budget execution audit under the background of full audit coverage,compares the traditional audit methods with the big data audit methods and sorts out the audit process.On the basis of analyzing the theory of financial budget execution audit under the background of full audit coverage,through the study of specific cases of financial budget execution audit in S city,this paper introduces the current work status of financial budget execution audit in S city,and explores the problems behind it,such as insufficient acquisition of audit resources,weak foundation of budget performance audit,low level of audit digitization,and inadequate implementation of rectification supervision.In view of the problems reflected in the current audit of financial budget implementation of S city,from the four aspects of integrating audit resources,actively exploring budget performance audit,promoting digital audit construction,and strengthening the implementation of audit rectification,this paper puts forward some countermeasures to improve the financial budget execution audit under the background of full audit coverage.It provides certain reference for the development direction of the future financial budget execution audit.