Audit storm
From Wikipedia, the free encyclopedia
Audit storm is a phrase that Chinese media coined in 2003 to describe the auditing campaigns initiated by the National Audit Office of China.
In 2003, Auditor General Li Jinhua presented the annual audit report to the Standing Committee of the National People's Congress. He openly disclosed the severe irregularities committed by many ministries and other government agencies. This report was posted to the official website of the NAO. It was the first time that the audit report was published to the public. This received significant public attention and was labelled as "audit storm".
The term of "audit storm" was coined in 2003 for the NAO's audit report of that year. Latterly, Auditor General Li Jinhua retrospectively named the 1999 audit report was the first audit storm.