Mr. McDonough thought highly of the audit work conducted by the CNAO and called for more attention on the quality and performance of the projects. Dr.
Updated: 2012-02-29
CNAO recently issued a Professional Direction for Local Audit Institutions and requested local audit institutions to prioritize the following areas when planning their audit work:
1. Social security funds audit
2. Real time audit of low income housing projects
3. Special study on primary and middle school distribution adjustment in rural areas
4. Economic accountability audit
5. Real time audit on implementation of state macro economic policies
6. Audit of public finance
7. Real time audit of government investment projects and major public emergencies
8. Audit of funds and projects concerning people’s livelihood
9. Audit of local financial institutions
10. Audit of state owned enterprises
11. Environmental audit