Key practical points:
• State audit organs review government budgets, revenues and expenditures.
• Oversight covers state-owned enterprises, banks and publicly funded projects.
• Auditors may access books and bank accounts and demand information.
• Audits issue binding decisions and recommendations to correct financial violations.
• The aim is to combat corruption and misuse of public funds.
Audit Law · Yalla China
中华人民共和国审计法 / Audit Law
Enacted: 1994-08-31 ✅ Effective: 1995-01-01
📝 Overview
A law governing state audit oversight of the use of public funds and the performance of government bodies, state-owned enterprises and banks with public capital. It gives audit organs broad investigative powers.
This is general information only, not legal advice. For your specific case, consult a licensed lawyer.
📜 The law text / key provisions
💬 Practical reading
💬 This is a general reading/opinion for orientation — not the official legal text nor legal advice.
If your business handles government funds or partners with a state entity, expect that audit organs may review the related accounts. Transparency and good record-keeping will save you trouble. General orientation, not legal advice.
📎 Official source
npc.gov.cn
🕒 Updated: 16 March 2026