Study On The Internal Control Of Chinese Colleges And Universities

In recent years, with the gradual enlargement of college running power, the ways to raisefunds for college are becoming diversified. It is this that brings great changes to the financialstructure in college. However, the internal management system and rules still remain the same.Both imperfect rules of internal control and loose supervision give rise to the phenomenon ofcorrupt transaction and erosion of state assets in college. The corruption case in WuhanUniversity is most typical. This kind of corruption has caused heavy losses, undermined thereputation of college and also leads us to the study of financial control in college.The truth is that some colleges have not yet established the internal control system. Ifothers do have established the internal control system, it is actually unsound or functions as anempty shell. Therefore, both economic activities and accounting work are under terribly weakmanagement. All of the above result in the existing financial problems in college.Under such a situation, based on the author's work experience, through reference to theinternal control system of some colleges abroad and plus the application of some relevanttheories on internal control, this article firstly summarizes the status quo of college internalcontrol in our country; then it analyses the existing problems and the corresponding reasons;finally it tries to put forward several suggestions so that a sound internal control system willbe established in colleges in our country.