Investigations On Decision-making Risk Evaluation Of Internal Management Audit For Public Projects Based On AHP-TOPSIS Method

The 14 th Five-Year Plan is China’s first step toward the second Centenary Goal,with the theme of high-quality development.With the increase of China’s investment in infrastructure,the demands for audit supervision of public construction projects of different parties are also increasing.But correspondingly,audit resources have not been fully allocated,and it is difficult to meet all the requirements of audit supervision.Normally,the auditing department make decisions based on the project investment,which is seen as the criteria of public construction project risk level,leading to the fact that with this single criteria,projects with larger amount of investment are thought to have higher risks,and projects with smaller investment are considered to have lower risks,therefore they have less chance to be audited after the decision was made.As a result,the risks of projects cannot be discovered timely,and repeated audit occurs,resulting in a waste of audit resources.Therefore,with limited audit resources,how to effectively evaluate the decision-making risks of multiple projects by establishing a comprehensive evaluation index system,so as to reasonably evaluate the risks of internal management of public construction projects and achieve the purpose of full coverage of audit is particularly important.This paper mainly discusses the establishment of public construction project internal management decision-making risks evaluation index system,in order to comprehensively evaluate the internal management decision-making risks of multiple public construction projects,so as to carry out multiple internal management audits with a more reasonable order.Literature of audit risks are collected and studied.An decision-making risks evaluation index system with four dimensions,including risk from the audit subject,audit environment,audit project risk and commissioned audit risk are built in this paper.Finally,in order to verify the feasibility of evaluating the decision-making risks of public construction project internal management and improving the audit order,five actual cases of public construction projects are selected to evaluate their internal management decision-making risk scale.Compared with the original audit order,the new sequence of audit is proved to be more reasonable.