State and prospects for the development of performance audit in China

Liu Yali

In the context of the continuous development of the economy in China and the accelerated pace of administrative reform, performance auditing is also an important means of assessing the efficiency of public resource allocation and assessing government performance. This paper examines the definition, characteristics, content, objectives and practical significance of public performance auditing, and conclusion that there are problems with the current performance audit in China: the establishment of the performance audit system is slow, the content of the performance audit is too narrow, the performance audit scorecard is imperfect. To solve these problems, the performance audit in China must update the concept of performance and improve technical methods, formulate a system of indicators for evaluating performance audits and improve local government laws and regulations on performance audits.

Keywords:Performance audit; state audit; efficiency mark; specifications; measures