Exploring the Problem of Supervising Financial Funds Based on Fiduciary Duty

Abstract

While enjoying the right to use financial funds, financial allocation units have also assumed the fiduciary responsibility entrusted by the public and the government, i.e., to ensure the safety of financial funds and to enhance the efficiency of their use. By analysing the safety and efficiency problems faced by the financial allocation units in the use of financial funds, this paper argues that the quality and efficiency of financial fund supervision should be enhanced by strengthening the awareness of public supervision, strengthening the performance management mechanism, perfecting the budget management system, strengthening the information system construction as well as cultivating talents in several aspects.