Research On Internal Control Problem Of Shaanxi Universities Based On COSO Framework

Since the implementation of the strategy of rejuvenating the country through science and education and the strategy of strengthening the country through talents,the rapid development of higher education in China.In recent years,the country's increasing financial investment in education funds,coupled with the anti-corruption situation in universities is not optimistic,which puts forward higher requirements for the construction of internal control in Chinese universities.However,there are no specific rules and regulations for the internal control of institutions of higher education in our country.At present,colleges and universities mainly refer to the “Regulations on Internal Control of Administrative Institutions(Trial)” promulgated by the Ministry of Finance in 2012 and implemented in 2014.Although the level of internal control in our colleges and universities has been greatly improved since the promulgation of this system,the system has not provided targeted regulations for internal control in universities.At present,there are still many problems in the internal control of universities.Therefore,it is very necessary to study the internal control of colleges and universities.This article is based on the above background.Taking into account the availability of research data,this article mainly takes Shaanxi Province as an example.This article,based on the definition of the internal connotation of internal control and the analysis of the relevant theories,carries out an empirical study of the internal control of universities in Shaanxi Province from the perspective of the five elements of internal control of COSO.This article mainly uses questionnaires to obtain empirical data,first analyzes the design and recovery of questionnaires,and tests the reliability and validity of the survey results to ensure that they meet the regulatory requirements;second,it is based on the results of the questionnaire recovery in Shaanxi Province.Descriptive statistical analysis of internal control of colleges and universities,and a qualitative analysis of the status of internal control in colleges and universities in Shaanxi Province;then the five factors of COSO internal control were studied empirically,and the empirical results were analyzed and comprehensively analyzed.Finally,based on the empirical analysis results,the author puts forward some measures to improve the internal control of universities in Shaanxi Province.Based on the qualitative analysis and quantitative analysis of the results of the questionnaires on the internal control of universities in Shaanxi Province,this paper draws the following conclusions:(1)The importance of internal control has been unanimously approved by universities in Shaanxi Province.(2)Factor analysis of five factors of internal control in colleges and universities in Shaanxi Province.According to the results of factor analysis combined with actual conditions,the internal environment elements are summarized as management systems and humanistic education;the risk assessment elements are summarized as risk identification,risk analysis and risk response;the elements of control activities are summarized as authorized approval control,information technology control,and finance Control and performance evaluation control;summarize information and communication elements into internal reporting systems and information systems;summarize monitoring elements into monitoring mechanisms and self-evaluation.(3)The internal environmental factors and risk assessment factors of the internal control of universities in Shaanxi Province are at the general level.(4)The current status of control activities,information and communication elements,and supervision elements of internal control in colleges and universities in Shaanxi Province is at a good level.