The foreign investment of a public institution refers to the investment made by a public institution to other institutions according to law, using the fixed assets, current assets, intangible assets, etc. suggested by its own ownership. Foreign investment is an important part of the assets of public institutions and also one of the key points and difficulties of economic responsibility audit.
(1) Problems found in the audit
1. Foreign investment projects have not been approved by relevant departments. Some public institutions and subordinate departments use grants, experimental fees, cooperation funds, etc. for foreign investment.