Resarch On Internal Control Construction Of Colleges And Universities

With the growing comprehensive power of our country,an unprecedented period of rapid development has been witnessed under higher education.In the status quo,a vast number of efforts have been achieved across various aspects of higher education,which establishes the basis for becoming world leading.However,the development of higher education also brings up more requirement on the financial management of higher education,in terms of its operational scale,costs and complexity.Therefore,the financial internal control is essential to create values in threefold:i)the financial supervision of education authorities;ii)the improvement of management and regulations of uncertainties,and iii)the public supervision from the society.In the fifth December of 2013,a guidance named as "Internal Control Regulations of administrative institutions" has been published by the Ministry of Education,which demands colleges and universities to engage with the establishment of the internal control system.Despite the importance,the existing management system and regulation of the higher education in our country does not form up a complete and consummate internal control.However,the prior works on internal control of industrial enterprises cannot be implemented into the higher education area due to the huge gap between industrial enterprises and administrative institutions,in other words,the administrative institutions are not only aiming at profits.Therefore,the above challenges call for more efforts in theoretical and field investigations.This paper at first reviews the related literature of internal control.A summary of internal control theory and frameworks are followed and briefly introduced in the paper.In this section,the author mainly focuses on presenting the distinguishes of differing internal control scenarios between industrial enterprises and administrative institutions.In the second part of the paper,a university "H" is taken as the case for analysis and demonstration.This paper analyzes the status of its internal control and hence proposes a measure for improvement.The proposed method is indicated to provide constructive solutions to the establishment of an internal control system for investigated university "H".The investigation results of university "H" becomes the pilot evidence of the foundation of uncertainty internal control system,which will further indicate ground evidence and reference for the internal control system in other universities.