A Study On The Audit Model Of Collaborative Governance Of Local Government Debt In Z Province Based On Risk Mitigation

With the continuous development of society and economy,people’s demand for a better life is also growing,in order to improve public satisfaction and establish good credibility,governments at all levels need to invest more financial resources to strengthen infrastructure construction,the issuance of local government bonds is the best way to finance,and the amount and scale of local government debt have also increased.Through the official data,it can be seen that by the end of 2022,the total debt balance of the Chinese government exceeded 60 trillion yuan,which shows that China’s debt is huge,and the growth rate has not stopped,and large debt means a lot of risks,if the state does not intervene,the future troubles can be described as endless.However,in fact,although the central government has repeatedly put forward the requirements for preventing and resolving major financial risks,due to the excessive supply of auditors and other factors,the debt audit work has not been carried out smoothly,and the debt problem has not been solved at the root cause.Therefore,this paper chooses to start from the example of local government debt audit in Z Province to construct a collaborative governance audit model,in order to provide more constructive suggestions on the governance of debt audit issues,provide valuable guidance for the development of debt audit work,and make a modest contribution to improving the prestige of the government and promoting the economic development of Z Province.This paper focuses on the audit of local government debt in Province Z and its current situation in order to present useful proposals for improving the debt management of local governments in Province Z.In particular,this work first analyses and explores the theoretical framework used;Second,the entropy method was used to analyze the extent and risk profile of local government debt in Province Z,the data of county and district level in Province Z in 2018 were selected to study the pattern of local government debt risk,and the GIS tools were used to visually analyze and discuss the information disclosed in the announcement of audit results,and then the three principles and three main contents of constructing the collaborative governance audit model of Province Z were clarified.Finally,after the above analysis,the supporting measures for the realization of the collaborative governance audit mode of local government debt in Z Province are designed.