Research On Internal Control Process For Asset Program Of Public Institutions

Since e early21st century, internal control has always been the focus of academic and practical fields.It is generally believed that internal control is an effective way for enterprises, non-profit organizations and government agencies to resist external risk, prevent financial fraud, promote management performance and to realize their sustainable development. Internal control is essential to keep the enterprise on the trajectory of realizing the its strategy and producing value for shareholders, make the management respond to the rapidly-changing competitive for suitable, to make an adjustment according to the variation of the enterprise’s external organization structures, so as to realize the sustainable growth. China began the practice of authoritative control of internal control quite late, but it issued several rules and regulations and been comparatively systematic now.After the Ministry of Finance and the other five ministries issued C-SOX in June2008,"Enterprise Internal Control Application Guidelines","Enterprise Internal Control Evaluation Guidelines" and " Enterprise Internal Control Audit Guidelines" were successively promulgated in April2010. It symbolizes that a well-constructed,well-arranged, orderly, scientific and complete enterprise internal control normative system has been basically completed,which is centered by risk prevention and fraud control, oriented by control standard and evaluation criterion.How to implement internal control normative system in the internal management of units?The prerequisite is to design a set of internal control system and the corresponding control process,which both complys with the internal control standards and reflects the characteristics of their own business, manifesting the requirements of its own management.Our enterprises have been mature on this aspect,while the construction of the internal control in institution relatively lagged behind for its differences from the enterprises on management characteristics, accounting methods and so on.Besides,its internal control system only puts extra weight on literal editing and writing,which is lack of practical maneuverability even reasonably designed internal control process system. Monetary fund and fixed assets are the major components of the institution assets, which are the most prone to committing irregularities and management oversight.Their internal control process are also relatively complex in the whole internal control process system. At present, there are some problems existing in the internal control process of the main institution assets,such as internal control consciousness is relatively weak, finance and asset management system is not perfect,designation of internal control process is not reasonable and so on.These have seriously restricted the operational efficiency and effect of the main assets project.By infusing the goal, principle and content of the main assets project internal control throughout the main business processes, showing and monitoring the related process of business and management by designing reasonable internal control process system,it will effectively ensure the property complete and provide a feasible way for establishing perfect internal control system in institutions.This paper uses methods of combining standardized analysis and case studies, with the key point of the main assets project internal accounting control,points out the problems existing in the internal control process of main assets project in Institutions D, and reconstructs the related internal control process by investigating and analysing the present situation.The whole thesis is structured as follows:The first part is an introduction to the thesis topic,research content and ideas including literature review home and abroad.The second part analyzes some related theory on internal control process of main assets project in institutions,introduces the definition and features of the institution, the connotation of assects project and expounds the basic theory of internal control.The third part analyzes its status and problems, which mainly introduces the general requirements and research ideas of its design, and its status with problem analysis. The fourth part is the specific cases analysis.The paper analyzes the status and problems in D, then reconstructs the internal control process by analysing the specific cases. The fifth part introduces how to regulate the process of internal control on five aspects such as the enhancement of responsible person’s internal control consciousness and so on. The last part is the conclusion and prospect, Which summarizes the research purpose, main problems and the application prospect of this research. This paper has three innovation points:1) the combination of enterprise internal control theory and the characteristics of the institutions.From the business process perspective, the paper analyzes the internal control of the main assets project in Institutions D, points out the defects and shortcomings,and reconstructs the internal control process of the assets project.2)the critical control point is indicated clearly in the flowchart,so that the person in charge could understand the key control links of the main assets internal control.3)this paper sums up the general countermeasures on how to make the internal process of main assets project in institutions by studying,provides reference for the study on internal control in institutions from the actual operation level.