Research On The Optimization Of Internal Control Of Assets Management In F Institutions

With the deepening of the internal control research of the Chinese government,the Ministry of Finance issued a consultation announcement on the “Research on the Formulation and Implementation Mechanism of the Internal Control Standards of the Chinese Government” in 2018,aiming to formulate conformity with China through the implementation of domestic and international government internal control theory and practical research.The government's internal control standard system and its implementation mechanism.As an administrative institution with a proportion of state-owned assets of less than 10%,the level of internal control construction is not high due to the particularity of the preparation.By improving the internal control system of asset management,it helps to form a good internal control of asset management and further guarantee the state-owned assets.Integrity and security to improve the efficiency of the use of state-owned assets.The F institution is a department established after the restructuring of the organization.The asset composition includes the purchase of assets and transfer of assets.The asset management of such institutions is more complicated than that of the general units,and because the assets are small and easily overlooked,the asset management of the F institutions is selected.The internal control system is the research object.Based on the relevant theories,this paper analyzes the design and implementation process of the internal control system of asset management based on the current situation of the internal control system of asset management of F institutions and the comparison between the S-class documents and the Ministry of Finance,combined with the internship experience and the interview records of the unit leaders.The existing problems include the vague definition of job responsibilities in the system design,the simple approval mode and the lack of evaluation and supervision,as well as the lack of personnel awareness at the implementation level,weak implementation supervision and lack of evaluation.The five elements of the COSO framework are used to integrate the causes of the problems,and the design reference of the specific business processes and the improvement measures of the implementation process are proposed,with a view to providing reference for the construction of the internal control system of asset management for the departments established after the restructuring of the organization.In recent years,China's research on the internal control system of institutional assetmanagement is relatively inadequate.The research object focuses on fiscal funds and major asset disposal and adjustment.Through the research of this paper,it is found that the level of internal control system construction of asset management of F institutions needs to be further strengthened.The construction of the internal control system for asset management in different levels of institutions is for further study.