The Construction About The Financial Regulation System Of Non-profit Organizations

All-round social development is inseparable from non-profit organization; non-profit organization's sustainable development is inseparable from effective financial supervision. In recent years, non-profit organization developed flourishing but with serious management and financial issues, its non-profit character continued to be alienated which restricts its standard operation So it is worthy of studying about how to strengthen the financial regulation of non-profit organizations. At present, china have not been given sufficient attention on the issues of non-profit organization's financial regulation, the financial criteria were not perfect, the organization's division on responsibilities is not clear, the supervise during the implementation process of financial regulation is not powerful enough, capturing of financial regulation and financial corruption is developing. So it's necessary to establish a corresponding mechanism to meet the requirement of supervising on non-profit organization's fiance. Based on the investigate of non-profit organization's financial issues and means for financial regulation, this paper try to build a financial regulation system that will be suit for China's national conditions and the background of institution, and hope to provide a new idea for the sustainable development of China's non-profit organizations.In this paper, the dynamic and static concepts of financial regulation are developed, and the study of financial regulation will be based on the theories of regulation and legal cost-benefit, specify the target of financial regulation, study deeply on non-profit organization's financial regulation, get a conclusion that non-profit organization's framework of financial regulation system is made of the institutional arrangements, financial regulation enforcement mechanisms and mechanism for balance these three parts according to the procedures of regulation. Establishment of organizations and perfecting the laws of business, building micro-finance regulation and sounding the standards of assessment on financial regulation will be helpful to improve the institution's arrangement of financial regulation. The establishment of self-enforcement mechanism and enforcement mechanisms for implement will improve financial regulation. To protect the interests of both parties involved in financial regulation and prevent the failure of financial regulation, it is required to establish mechanism for restricting and balancing for financial regulation. The operating means above provide a basic theory to build a system for financial regulation of non-profit organization in our country. And also, this paper take the Chinese Red Cross Foundation as an example to study on application of its financial regulation system, and hope this example will be valuable for the construction on non-profit organization's financial regulation.