Research On Economic Responsibility Audit Of A State-owned Enterprise Leader Manages Overseas B Subsidiary

State-owned enterprises are an important pillar of China’s national economy and are related to national security and the lifeline of the national economy.With the continuous progress of economic globalization,China’s overseas investment and transnational business are becoming increasingly frequent,and more and more state-owned enterprises are participating in international cooperation and overseas investment activities.Because large-scale overseas assets have not been effectively monitored for a long time,and the risks of overseas investment are high and economic policies have been overlooked,foreign asset loss incidents frequently occur,leading to the risk of loss of overseas assets of state-owned enterprises,which seriously impacts the further development of China’s economy.In the report of the 19 th CPC National Congress,General Secretary Xi Jinping stressed the need to comprehensively deepen the reform of state-owned enterprises and improve their global competitiveness.State-owned enterprise leaders’ economic responsibility audit is an important way for China to prevent asset corrosion and accelerate the state-owned assets preserving and appreciating.The assets of overseas subsidiaries of state-owned enterprises are state-owned assets,and their status should be included in the scope of responsibility of state-owned enterprise leaders.Therefore,auditing institutions should attach importance to the audit of assets of overseas subsidiaries,innovate auditing methods and methods,strengthen the audit supervision of the operation of assets of overseas subsidiaries of state-owned enterprises,supervise their implementation of national foreign economic strategies,and ensure their value preservation and appreciation.However,in the practice of economic responsibility auditing,there are certain difficulties in auditing the overseas subsidiaries of state-owned enterprises,which makes it difficult to fully define the economic responsibilities of the leaders of such enterprises,and audit supervision cannot play a good role.Therefore,the purpose of this thesis is to explore how to audit foreign subsidiaries and how to define the economic responsibilities of state-owned enterprise leaders to overseas subsidiaries in the state-owned enterprise leaders’ economic responsibility audit.This research is helpful for designing new audit ideas for the economic responsibility audits of overseas subsidiaries,strengthening the audit supervision of overseas subsidiaries,and helping audit institutions to innovate audit supervision methods for overseas assets of state-owned enterprises and prevent state-owned Business operations manage risks and regulate the behavior of leaders of overseas subsidiaries.The thesis is based on government auditing,and comprehensively uses the principal-agent theory,the power balance theory,the audit efficiency theory and the system theory as the guiding theory to conduct the research.According to the previous studies on economic responsibility audit and overseas audit by scholars,taking the economic responsibility audit of leaders of A state-owned enterprise in CQ city I personally participated in as an example,and found that there are five aspects: the relevant responsibilities cannot be defined,the audit plan is difficult to implement,the financial data is not easy to verify,the lack of alternative procedures for internal control audits,and audit rectification cannot be implemented.And find out the cause of the problem: domestic and overseas merger audits,difficult to obtain basic data,excessive trust in third-party audit results,restrictions on overseas audit costs,and lack of audit rectification and supervision mechanisms.In the cause of these problems,on the basis of detailed analysis,put forward and according to the proportion of independent audit,the use of big data technology unity based data,exploring the remote audit cross-border forensics,perfect the relevant laws and regulations,audit for overseas subsidiaries of the internal control mechanism,and strengthening the audit results public implementation and rectification six policy suggestions.It has certain reference significance to how to carry out overseas audit effectively,regulate the investment and operation behavior of enterprise leaders,and ensure the safety and integrity of overseas assets,and maintain and increase the value.