The Research On Fixed Assets Management Of A Public Institution Based On The Whole Life Cycle

The fixed assets of China's administrative institutions are an important part of state-owned assets,and an important material basis for the government to perform social management functions,provide public services,and promote the development of undertakings.In recent years,the ministry of finance has successively issued a series of government accounting standards,systems and related supporting documents on the management of state-owned assets in order to continue and deepen the reform of state-owned assets management.At present,most of China's administrative institutions are still relatively lax in the management of fixed assets,and still stay in the stage of physical management of fixed assets,which is completely unable to meet the new requirements of the times.How to improve the management level of fixed assets in administrative institutions to achieve the lowest comprehensive cost and highest efficiency in the entire life cycle of fixed assets is a huge challenge for administrative institutions under the new situation.This article mainly stands on the basis of domestic and foreign research,combined with the current situation of fixed asset management in a institutions,and then based on the concept of fixed asset full life cycle management,the fixed asset cost and benefit were analyzed from the whole and various stages of fixed asset full life cycle management efficiency,risk control and internal supervision,the main problems are the full life cycle cost is not considered in the planning and design stage and the budget is not scientifically prepared in the procurement stage,and the high cost caused by the low cost awareness of the procurement personnel,fixed assets are not put into operation in time high risks caused by incomplete inventory of assets,inefficiency caused by lagging information communication and redundant fixed asset retirement processes,inadequate internal supervision and incomplete performance of fixed assets,and proposed improvements to these problems to effectively solve fixed assets manage the existing problems and achieve the goals of the lowest comprehensive cost,the most effective use,and the longest service life of fixed assets during their life cycle.For the A institution,through the introduction of the full life cycle theory,it has improved the level of fixed asset management,optimized resource allocation,and fully utilized the benefits of fixed assets,to further create optimal economic and social benefits,and firmly guarantee the preservation and appreciation of fixed assets.This can also provide a practical reference for the optimization of fixed asset management in other administrative institutions.