Open AccessResearch on the efficiency of public investment from the perspective of performance audit
Author(s) -
Xiulin Xu,
Huan Liu,
Lihong Yang
Publication year - 2021
Publication title -
financial forum
Language(s) - English
Resource type - Journals
ISSN - 2251-2659
DOI - 10.18282/ff.v10i2.1837
Subject(s) - investment (military) , audit , public investment , business , perspective (graphical) , language change , government (linguistics) , control (management) , public policy , open ended investment company , accounting , public economics , economics , return on investment , public fund , political science , economic growth , microeconomics , management , politics , art , philosophy , artificial intelligence , law , linguistics , literature , computer science , production (economics)
Public investment is an important means of promoting stable economic development, quelling economic fluctuations, and the government’s macro-control. However, in the process of my country’s continuous deepening of reforms, public investment has exposed problems such as waste of resources, corruption, and policy incoherence. The performance level of public investment is relatively low. Based on the perspective of performance auditing, this article discusses the key points of public investment performance auditing, the institutional issues of public investment and the path of influence on public investment. Finally, this article puts forward policy opinions on improving public investment performance through public investment performance auditing.