NAO, an office under the State Council, and the audit organ of the State Council, mainly in charge of:

1. Formulating the audit guidelines and policies, participating in the formulation of laws and regulations on audit and finance; formulating audit regulations and systems and supervising the implementations; keeping records and examination of regional audit laws and regulations; organizing, guiding, coordinating and supervising the business of the audit department of all levels;

2. Reporting to the State Council and notifying relevant departments under the State Council the audit status, making proposals on the formulation and improvement of policies, laws and regulations, and macro-control measures;

3. According to the Audit Law of the People’s Republic of China, directly undertaking audits over:

3-1. The implementation status of the central financial budget and other financial income and expenses;

3-2. The financial income and expenses of the departments and institutions under the State Council and units under them;

3-3. The implementation status of the budgets and the final accounts of the provincial governments;

3-4. The financial income and expenses of the central bank and the assets, debts, profit and loss status of the central financial institutions;

3-5. The social security funds, environmental protection funds, social donation funds under the management of the State Council or the social associations consigned by the State Council, and other fund- and capital-related financial income and expenses;

3-6. The financial income and expenses of the aid and loans from the international organizations and foreign governments;

3-7. Other audits that should be performed by the National Audit Office according to laws;

4. Submittal of audit reports to the premier on the execution of the central government’s budget; submittal of the audit work report to the Standing Committee of the National People’s Congress on the implementation of the central budget and other financial income and expenses;

5. Organization of the industrial, special, audits and performing audit surveys over the implementation of the state financial and economic policies and macro-control measures; organization of local audit organs to audit the economic responsibilities of the Party and political leaders and cadres in their tenures; accepting and hearing the reconsideration application from the audited units on the audit organs;

6. Jointly administrating the provincial audit organs with the provincial governments, co-operatively undertake the appointment and removal of the leaders of provincial audit organs; administration of the local special auditor’s offices;

7. According to the provisions of the relevant laws and regulations and the State Council, coordinating special auditors to undertake audits and supervisions over large state owned enterprises (SOEs) and the state key construction projects; organization of the audit supervision over other SOEs and state construction projects.

8. Organization of guidance and supervision of internal audit; supervision of the business quality of social audit organizations; organization of professional audit trainings;

9. Organization of international audit exchanges

10. Other affairs handed down by the State Council.