Abstract: With the continuous implementation of audit coverage in our country, the financial management of town (sub-district) has attracted more and more attention. In recent years, various kinds of financial funds invested by the state at the grass-roots level have increased substantially. The allocation of special funds at different levels has a greater responsibility, a heavier task and a higher requirement for the financial and auditing departments of counties (districts) to supervise funds. In the audit process of economic responsibility of leading cadres in towns and sub-districts, it is found that due to the influence of ideology, internal mechanism, financial system and other factors, many malpractices have been exposed in the financial management of towns and sub-districts, and there are some problems that could not be ignored. This paper analyses the problems existing in the current financial audit of towns and sub-districts, and puts forward some countermeasures and suggestions.