Chinese Delegation Visit
Henrico County welcomed a delegation from China on Thursday, July 11, 2002 at the Government Center. The nature of the visit was to ascertain the differences between American and Chinese auditing systems and policies, audit planning processes, audit management and governmental audit risk management. Chinese guests learned about U.S. auditing practices as well as Henrico County Internal Auditing.
The group of 10 visitors hailed from the Hunan Provincial Audit Department. Established in 1983, they currently have 137 audit departments at the county level and higher with a staff exceeding 3,300. Since its inception, the group has audited nearly 120,000 projects, traced 46 billion RMB (Renminbi, Chinese for People.s Currency) and increased the income of over nine billion RMB for the government.
The Hunan audit department shared its current mission with Henrico officials:
- Standardize the financial income and expenditure behaviors of the units audited
- Deepen the budget execution audit and make it a number one mission
- Gradually undertake auditing before reporting budgets to financial departments
- Audit of economic responsibilities of leading officials during their term of office, rising in level of coverage and to higher officials
- Develop audit mode toward electronic calculations.
Forte (Group) International, Inc., a Washington, D.C.-based consulting company, arranged the mutually beneficial visit. Director of Internal Audit Gary Martin formally invited the group as required by Chinese protocol, while Henrico County Manager Virgil Hazelett, P.E., personally welcomed the delegation.
Wang Xinsong and Gary Martin