Construction Of Internal Control System Of M College Based On COSO Framework

In recent years, the nation attaches great importance to the reform and development of vocational education, the scale of vocational education has been expanding, the number of enrollment has been increasing significantly, the source of funds and economic activities bid farewell to the original single and simple, becoming gradually diversified and complex, in the end they have achieved a historic leapfrog development as a whole. However, as vocational colleges are developing with a faster speed, there are some shortcomings which cannot be well adapted to the development of social. One important reason is the internal control system, which can protect the healthy development of the school,is being constructed slowly, and is running inefficient. It is difficult to effectively adapt to the rapid development of vocational colleges.Therefore, it is urgent to study the characteristics and operation rules of the business activities of higher vocational colleges, and establish an internal control system that meets the development needs of higher vocational colleges.This thesis adopts case analysis and the study object is M College, it bases on summarizing the theory of internal control in higher vocational colleges, the COSO framework, the research literature at home and abroad and "Administrative institutions internal control norms (Trial)".Combining with the questionnaire survey results and the contents of the interview, this thesis analyzes the status of M internal control from the unit and business two levels. By exploring shortcomings and deficiencies,analyzing the weak links in the current internal control system and the deep reason that leads this phenomenon, this thesis determines from improving the control environment, establishing the risk assessment,ameliorating control activities, strengthening information and improving the supervision system, to put forward the feasibility of improving the internal control system of M College, design specific implementation plan and develop effective reform measures, finally in order to optimizing the internal control system of M College, improving the current situation control of M College, and promoting the operation and management level of M College.By studying the internal control system of M College, we can provide some recommendation for the higher vocational colleges to optimize the internal control system. When establishing the internal control system, vocational colleges should straighten out the relationship among the five elements, rely on the system, implement the risk assessment, strengthen the process control, improve the information system construction, and mend the supervision and evaluation. Also,through refining the economic business and management activities of the process, quantifying job responsibilities, enhancing the key control points,let make decide scientifically, execute resolutely, and supervise effectively.