Research Of Optimization Of Internal Control Of College Under The New Supervision Environment

In recent years according to the spirit of comprehensively implementing the rule of law,our ministry of finance has issued a series of internal control proposals for all the administrative institutes guiding them to establish an effective internal control system which aims to reinforce the control of internal process,enhance the supervision of government power and improve the effectiveness and efficiency of the public fund.As a part of the administrative institution,colleges and universities receive government funds to undertake teaching and scientific researching.With the increasing investment in higher education system,the use of public funds has exposed a lot of problems such as corruption and improper use of assets.The main reason of the corruption is that the internal control system is not perfect and the risks were not controlled.In the last two years colleges and universities in our province were asked to establish an effective internal control system.This thesis is based on this background aiming to analyse the problems in the internal control establishment.In this thesis we used literature research to know the definition and the current research of internal control.Then we learned the basic theory from the COSO's internal control framework and the internal control standards for administrative institute which was issued by our ministry of finance.We adopted the COSO's internal control framework as the theoretical framework for this thesis and we undertook the main research according to a series of internal control statements which were published by our ministry of finance.Then we chose the A Collegeas as the object of this research,where I was a finance intern for six months.With the participation of establishing the internal control system for A College,we re-anaylsed and evaluated the processes of every important economic work and interviewed the related workers in order toidentify and analyse the main risks in the processes.Finally after critical analysis of each major risk,we proposed several optimization suggestions for the internal control system of A College.After this research we identified the main defects of the internal control of A College.Then we proposed several optimization scenario to solve the defects and enhance the internal control system.Also we used the case study as a supplement to the current research of internal control.