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ECONOMY
THIS WEEK> THIS WEEK NO. 27, 2013> ECONOMY
UPDATED: July 1, 2013 NO. 27 JULY 4, 2013
Auditor's Misconduct
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China's top audit office on June 24 revealed its own problems, reporting about 24.04 million yuan ($3.89 million) of "flawed funds" in 2012.

An audit on the office showed its 2012 budget, as well as other financial revenues and expenditures, were well run, but certain problems existed, according to the National Audit Office.

For example, about 3.61 million yuan ($587,347) of spending on computer maintenance and equipment updating was not listed in the budget. Also, a purchasing plan to spend 216,000 yuan ($35,143) to renovate security and fire service systems in office buildings was not carried out.

The audit was carried out from March to April.



 
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