Research On The Internal Control Of D University

Since the 21 st century, China’ s economy has developed rapidly, with the increasing demand for various talent. The national economic development needs more high- level human resources. University is the cradle of training high- level talents, the important base for scientific research and the reserve of the talents who will boost national economic development. Because of the increasing demand for high- level talents in China’ s market, the governmental supports for university development is also growing.Independent colleges and universities are obtaining many development opportunities, but at the same time they are also facing various challenges. The transition of university fund turns to bank loans, donations, training, consulting and other diversified channels from simple financial allocation revenue. The transition of university fund turns to capital expenditures,investment spending, commodities and other expenses from simple maintenance expenditures.The increasing complexity of economic activities in universities brings many potential risks.In recent years, the frequent economic cases of universities indicate that there is still a long way to go to improve the internal control system of the universities.By reading relevant literature and looking back on the evolution of internal control theory, from the perspective of imperfect university internal control and the point that university’ s internal control can not meet the reality, this paper summarizes the theory of internal control and university’ s internal control. The university is nonprofit, and its economic activity is very complex. In combination with “ the internal control specification of administrative institution(Trial) ”, universities will be divided into a control unit level and an operational level of economic activity. The key points of the university’ s internal control system will also be discussed.Unit level including organizational structure, internal control system and working mechanism, key position setting, risk assessment and information technology application. The economic activities of the business level including budget control, balance control,procurement control, asset control, project control and contract control. This paper collects documents of D university from various departments on the internet, studies the “ D university’ s regulations” and other regulations, and conducts interviews with the staff to investigate the present situation of D university. Through the survey we found that D university is lack of risk assessment mechanism. Its budgetary control is weak, and management contract is chaotic. The main reason for the problem is the lack of awareness of risk and performance appraisal system. Apart from that, the implementation performance of the system is poor. This paper puts forward that D university should improve the awareness of risk, the evaluation mechanism, and strengthen the implementation. The purpose of this paper is to provide a reference for the improvement of the internal control system of D University and to promote the healthy development of D university.