Financial Accounting System Reform In China's Colleges And Universities

With the implementation of China's developing the nation by relying on the science and technology, remarkable changes have been made in China's higher education and China has so far reached the stage of the popular education. With the establishment and perfection of the socialist market-oriented economic system, great progress has been made in the system reform and the market-oriented economic system exerts more and more influence on tertiary institutions. In addition, China's entry into the WTO enables her to open wider doors to the outside world. Influenced by the international rules and regulations, the financial and accounting system in the tertiary institutions finds it more and more difficult to adapt to the rapid development of the higher education. Starting with the explanation of the background and the significance of the reform, the thesis, using the methods of exemplification and comparative analysis, compares and analyzes the financial and accounting systems among the enterprises, the oversea institutions and the collectively-run tertiary institutions in China and borrows their advantages and the successful lessons drawn from the above-mentioned reforms into the financial and accounting system reform in China's tertiary institutions. A probe is made into the disadvantages and drawbacks that exist in the present financial and accounting system in the tertiary institutions. In light of the tendency of the development of China's higher education and the new requirements for the establishment of China's modern university system, the thesis analyzes why and how to establish China's financial and accounting system. On the basis of the in-depth study and the international financial and accounting theories and practices, the thesis presents the basic thoughts and suggestions as to how to reform the financial and accounting system in China's tertiary institutions. Besides, it takes several examples to show the application of the basic ideas in the reform. To sum up, it is quite necessary and significant to reform the financial and accounting system in China's tertiary institutions so as to develop China's higher education as a whole. The thesis consist of eight chapters: Chapter One raises the question; Chapter Two argues for the necessity of the study; Chapter Three presents the literature review both home and abroad; Chapter Four presents the major the disadvantages and drawbacks; Chapter Five presents the necessity to establish the modern university system and the new tendency in the development of the higher education as well as their influence on the reform of the financial and accounting system; Chapter Six presents the basic ideas and suggestions of the reform; Chapter Seven presents the application of the new system; Chapter Eight presents the conclusion.