Research On Financial Report Of Colleges

With the deepening of the reform of China’s education system and economic system, the school system of universities, funding sources are transformed into social-oriented gradually. Compared with before, the scale of the universities is increasing, which is accompanied by the universities’increasing demand for capital. In recent years, colleges and universities have more diverse sources of funding, including government grants, the fee which college students enrolled, loan from the bank and donations from the society.Therefore, the relevant departments of the government funding departments, students, parents, banks, donors as investors of the university have closer relationship with the university and it is necessary for them to know their own investments in the use of the university and master the financial situation. There are very fruitful achievements in corporation financial report at home and abroad currently, But exploration of college financial report is still in the preliminary stage therefore, research on college financial report is imminent.The universities financial report only relates to the university’s budget report, the income and expense statement and the information provided can not meet the demand of the main body so it is urgent to reform college financial report. After a lot of access to information, the paper tries to identify the problems in the current college financial reporting system, and to analyze the causes of the problem.Overall, domestic college financial reporting is more dispersed and does not form a complete system, and it is necessary to research on the depth and breadth.Study abroad in this aspect is more mature and perfect. In later chapters by comparing analysis of the financial report for universities in the United States, the United Kingdom. Canada, and analyze the way and the characteristics,the paper expects to provide reference of the financial information for our institutions of higher learning disclosure of financial management innovation and based on this to build a new university financial reporting system, define the objec,the body,base as well as the contents of the report in colleges and universities,and then analyze the current system combined with case analysis. The last part of the paper also put forward the security measures, strengthen the research of university financial report theory, revise and perfect the accounting system of colleges and universities, strengthen the quality and skill training of financial personnel and strengthen the supervision of related department.