Constructing a Triangular Linkage Model of Government Audit,Social Audit,and Internal Audit to Promote High-Quality Development of Audit Services

It is a complex and important topic to study the linkage mechanism of government audit,social audit,and internal audit in the context of China’s high-quality economic development.The implementation of measures,such as establishing a sound and perfect organizational safeguard mechanism,strengthening project collaborative audit mechanism,enhancing the mechanism for utilizing audit results,and establishing an audit and rectification joint mechanism can promote the efficient operation of the audit supervision system and the high-quality development of audit services.

Error Analysis of Assembly Linkage of Transport Jig for Large Aircraft Parts

Aiming at the assembly accuracy of a large aircraft transport jig, the effect of component error and the error of work-piece surface on the work-piece position and orientation in the 3-2-1 fixturing scheme is studied with the object pose space description method. The error mapping model between the connecting part of the front frame rack and its support base is modeled using the homogeneous transformation matrix(HTM) method. The probabilistic error is simulated using the Monte Carlo method. The measurement experiment was conducted by the laser tracker to verify the effectiveness of the approach, and the approach has been successfully applied to the production of transport jig.

Application research of multivariate linkage fluctuation analysis on condition evaluation in process industry

Abnormal conditions are hazardous in complex process systems, and the aim of condition recognition is to detect abnormal conditions and thus avoid severe accidents. The relationship of linkage fluctuation between monitoring variables can characterize the operation state of the system. In this study,we present a straightforward and fast computational method, the multivariable linkage coarse graining(MLCG) algorithm, which converts the linkage fluctuation relationship of multivariate time series into a directed and weighted complex network. The directed and weighted complex network thus constructed inherits several properties of the series in its structure. Thereby, periodic series convert into regular networks, and random series convert into random networks. Moreover, chaotic time series convert into scale-free networks. It demonstrates that the MLCG algorithm permits us to distinguish, identify, and describe in detail various time series. Finally, we apply the MLCG algorithm to practical observations series, the monitoring time series from a compressor unit, and identify its dynamic characteristics. Empirical results demonstrate that the MLCG algorithm is suitable for analyzing the multivariable linkage fluctuation relationship in complex electromechanical system. This method can be used to detect specific or abnormal operation condition, which is relevant to condition identification and information quality control of complex electromechanical system in the process industry.

Spillover Effect in the RMB Foreign Exchange Market:Based on VAR and DCC-MVGARCH Models

This paper analyzes the stability and marketization of the RMB exchange rate after China introduced the foreign exchange rate reform by linking the RMB exchange rate with the offshore and onshore markets on August 11,2015(“8/11”).Under the framework of dynamic analysis,through Granger causality test,VAR model and DCC-MVGARCH model,the empirical analysis is conducted about the three market exchange rate linkages of CNY,NDF and CNH from May 2012 to December 2018.Then,the direction and degree of the linkage between the RMB’s offshore and onshore exchange rates before and after the“8/11”exchange rate reform are compared.The research results show that:(1)since the“8/11”exchange rate reform,the RMB exchange rate has become more flexible;(2)the price-determining power of the RMB exchange rate may be weakened,and policy adjustment should take effect;and(3)the prerequisites,under which the offshore market can play a role,are the development of the market itself.This paper proposes that:(1)the onshore and offshore markets should develop in a collaborative manner to further increase exchange rate elasticity and flexibility;(2)close attention should be paid to the relationship between the offshore and onshore markets,and policy determination and flexibility should be maintained;and(3)the offshore market should be improved and play a due role.