Research On The Optimization Of The Internal Control Mechanism Of The Special Financial Funds Of HD Water Authority

With the development of social economy,administrative institutions,as the main body of performing national functions and providing social and public services,play an important role in building public facilities and promoting social and economic development.In recent years,with the deepening of reform in China,the macro environment of financial fund management and the requirements of internal control management have undergone profound changes.The special fund is an important part of the financial fund,which is the input of the special fund and the government finance.It also has a wide range of types and a large amount,and its control problems in the process of management and use are prominent,which directly affects the use efficiency and effect of special funds.Strengthening the internal control of special funds is conducive to enhancing the standardization and rationality of the use of special funds.Based on the above background,it is necessary to further study the special fund management strategy of administrative institutions and strengthen the optimization of internal control management mechanism of administrative institutions.This paper mainly starts from the internal control mechanism of special fund use of HD Water Authority,through the interview and investigation of the project team,and according to the current situation of internal control of special financial fund use,finds that the internal control mechanism at the unit level of HD Water Authority is insufficient,the internal control at the business level is weak,and the internal control performance evaluation is internalized seriously.At the same time,the internal control information construction investment is insufficient,which leads to the internal control execution Insufficient.Through the statistical analysis of the questionnaire,the main reasons are the lack of internal control system of special funds,the lack of internal control awareness in business control,the lack of effective supervision mechanism in performance evaluation,as well as the lack of investment in internal control informatization by HD Water Authority in capital,human resources and other aspects,resulting in poor implementation effect of internal control of special funds.According to the "internal control standard of administrative institutions" issued by Sichuan Provincial Department of finance,combined with the analysis of the problems and causes of the internal control mechanism of special funds of HD Water Authority,a comprehensive analysis and research are carried out.First of all,to strengthen the internal control management of special funds,we need to optimize the internal control mechanism at the unit level and business level,clarify the division of rights and responsibilities and the business flow chart of cooperation of different subjects in the internal management of HD Water Authority,and analyze the possible risks of each process node to give internal control measures and optimization suggestions,and then analyze the business level mainly from budget management,contract management Analysis of six economic activities: revenue and expenditure management,procurement management,asset management and project management.Secondly,we need to optimize the performance evaluation mechanism of special funds and carry out strict supervision and management of performance evaluation institutions,so that the performance evaluation results can guide business operation.Finally,combined with the business process refinement of HD Water Authority,the internal control process is solidified through the information system to improve the execution of internal control.This paper introduces the internal control problems and optimization measures of the special funds which are combined with the management of financial special funds and internal control,and analyzes the case study of the internal control management of HD Water Authority.The purpose is to strengthen the supervision of the financial funds and the operation of the internal control mechanism of the administrative institutions,improve the use efficiency of the special funds of the administrative institutions,improve the risk prevention and control of the management of the organization,and prevent corruption Corrupt practices,etc.It can provide theoretical support for administrative institutions to establish internal control informatization,provide powerful management tools for the optimization of internal control mechanism of special funds of administrative institutions,and lay a theoretical foundation for the future market expansion of internal control management software of administrative institutions.