Discussion On The Reform Of College Accounting In China

Along with our country socialist market economy system development and thedeepening of the reform of the education system, China's higher educationenterprise's accounting environment involved in a very different physical situation.As a consequence, many new problems and new situation arises in the currently commonlyused college accounting system, such as the accounting basis for college accountingsystem, accounting problems of special funds, accounting subject setting, the issueof inadaptation assets accounting for the education cost accounting problems, thedepreciation of fixed assets and intangible assets amortization, the job design ofhigher school financial accounting job design. These unsolved problems have broughtan extremely negative influence on the development of our country's higher education.Therefore, the act of modify and improve college accounting system to standardizeChina's college accounting work, improve quality of college accounting informationand meet the different needs of information users has important practicalsignificance.Based on the introduction of China's college accounting evolution process andcurrent situations, this dissertation systematically disclose existing problems incurrent college accounting works and comprehensively analyzed the reason of itsformation. Some recommendations are provided for college accounting system's reformthrough borrowing ideas from the enterprise accounting. These recommendationsinclude implementation of accrual Basis gradually, strengthening educational costaccounting, standardize basic construction and fixed assets accounting, strengthenfinancial risk management, etc. This dissertation heavily illustrates that the higherschool and expenditure accounting foundation already cannot adapt to the developmentof higher education. The only solution is gradually introducing accrual basis intothe accrual accounting subjects, perfecting the construction system and theaccounting report system. These measures can effectively overcome different types of malpractice produced by cash basis accounting and further improve the quality ofcollege accounting information. It can also meet information users' demands andpromote the development of higher education of our country.