Research On The Reform Of The Financial System Of W Educational Institution

Education is the basic of talents,the foundation of the science and technology,and the guarantee of the country’s economy.Our country and society attach great importance to children’s education,and the concept of "education changing the life" still exists.Therefore,education training market has been promoted.However,in China the education training industry has serious competition,there is still some problems.W education training institution in Chongqing is one of the earliest local education training institution.But with the expansion,in the face of the numerous competition of education training institutions,at the same time itself still maintains traditional way of financial management,so that financial management efficiency becomes low and hinders its development.Therefore,to gain a foothold in the local education training market in chongqing,W education training institutions must optimize the its financial management system,with the enterprise strategy and forms a full range of perfect financial management system.The paper firstly analyzed the education training industry environment of W education training institution and studied the market development trend.The organizational structure and strategic objectives of W education training institution are also introduced,which laid a foundation for the optimization of its financial management system.And analyzed problems existing in the W education training institution: functions of financial institutions and post setting,accounting systems,internal control system,the financial budget system,financial information management system and analyzed the details of the causes.Its corporate strategy,business model and financial model does not match with this.Finally according to the characteristics of the W education training institution,W education training institutions will set enterprise strategic positioning for differentiation strategy,and the business model has been detailed in the brand,organizational structure and systems and the operating team,making it different from the rival industry.On this basis,the financial model of W education training institutions should firstly according to the centralization and decentralization,and then according to the financial system,financial infrastructure,accounting systems,internal control system,financial budget system and the financial information management system five aspects puts on optimization.It is necessary to strengthen the financial institution function and position setting on the financial foundational setting,and standardize the financial foundation management;Unify accounting system;Explicit internal control system;Improve the financial budget system;Strengthen financial management system.In summary,the reform of the financial management system of W education training institution is realized.