What Changed
- Specified the exact scope and content of audits regarding fiscal revenues and expenditures.
- Added the management and utilization of state-owned resources into the scope of special audit investigations.
- Introduced a registration and reporting system to document and prevent unwarranted interference in audit work.
State Council departments, local authorities, and entities involved in fiscal revenues or state-owned resources in mainland China are subject to updated audit rules following a decree signed by Premier Li Qiang.
The revised regulations on the implementation of the Audit Law of the People's Republic of China consist of 7 chapters and 64 articles and will take effect on December 1. The rules specify the scope and content of audit supervision regarding fiscal revenues and expenditures, while incorporating the management and use of state-owned resources into special audit investigations.
To safeguard audit independence, the regulations establish a registration and reporting system for unwarranted attempts to inquire about or interfere with audit matters. Additionally, all State Council departments and local authorities at all levels must strengthen coordination, oversee the rectification of problems identified during audits, and establish or improve supporting systems.
Who May Be Affected
State Council departments, local authorities at all levels, and managers or users of state-owned resources and public fiscal funds in mainland China.
Cross-Border Context
Applies to financial compliance, state-owned resource management, and administrative auditing oversight within mainland China.
What to check next
- Publication of the full legal text of the 64 articles across 7 chapters.
- Implementation directives issued by local government authorities and State Council departments.
This article provides general information and does not constitute legal advice. Consult the official text and obtain advice appropriate to your circumstances where needed.
Prepared automatically with AI assistance from the official sources linked on this page. Translations and explanations do not replace the official text.