Research On Evaluation Of Financial Performance Of University Based On The Method Of Completely Cost

In recent years, after the expansion phase of higher education, it puts forward a new target of the development of connotation, which put forward higher request of the internal management of the school. However, the financial management of university is still in a simple calculation and views extensive management as the characteristics,which is difficult to meet the requirements of the development of university. It shown in detail as the lack of funding and the inefficient utilization of resource in universities. Therefore, it is very significant to research on evaluating the financial performance of university which is based on accounting the university's educational cost accuracily.This paper mainly include the following four parts:Firstly, it found the evaluating the financial performance of university lack a accurate cost information and the indexes are prepared on a cash basis. It will lead to be a lot of bias. Then the paper drew the viewpoint of "research on evaluating the financial performance of university based on the method of completely cost". Secondly, the paper researched the cost-structure and the accounting-process of the university according to the method of completely cost and accrual basis,and shared all the indirect costs to each institution according to the standard of the number of class hours, the number of teachers and so on after the work of analying the cost behavior analysis of university. Thirdly, the paper construct the evaluation index system of financial performance of university which is baseded on the institute of the high school. Forthly, The paper viewed an university as an example, apply the index system to practice through the method of factor analysis, and evaluate all the institutions'financial performance.The paper mainly have three innovation. Firstly, the paper gave the way how account the average educational cost of each institute according to the method of completely cost and accrued basis. The paper viewed the institute of university as the costing objective, shared all the indirect costs to each institution according to the standard of the number of class hours, the number of teachers and so on after the work of analysing the cost behavior analysis of university. At the last, the paper gave the way how account the average educational cost of each institute, It could realize the aim that let accounting-cost more close the actual cost, and provide a accurate cost information for evaluating the financial performance of university.The second innovation:the paper construct a new index system of the evaluation of financial performance of university which is baseded on accrual basis to account income and expenditure. The index system include allocation of resources, operation conditions and comprehensive performance. Each index is adjusted according to the method of completely cost and accrual basis, it can lay the solid foundation for getting more accurate evaluation results. This method breaks through the limitations of Cash basis which is the basis of the previous research.,it can reflect the connotation of university economic activity much more.The third innovation:the paper views each institution as evaluation-object, which makes the improvement suggestion more targeted. Due to the financial performance of each institution is the important constitution of the financial performance of the higher school, it is more cater to the detailed management features and the need of inner development strategy. Therefore,it is benefit to improve the ability of resources-allocation through view each institution as evaluation-object.