The study on the follow-up audit in China

Abstract

With the increase of national macro-control efforts and the frequent occurrence of major emergencies, Chinese government has been investing more and more funds and other resources for the public expenditure. In order to supervise these resources and enhance the use efficiency, China has carried out follow-up auditing on some significant projects. Follow-up auditing has become an important means of safeguarding national economic security and improving efficiency in the use of public resources. But the study on the basic theories of the follow-up audit is very poor. This paper tries to study these basic theories. © 2012 Springer-Verlag GmbH.