Study On Internal Control Of J University

As the society and economy continue to progress,the government attaches great importance to the education work in colleges and universities.More fiscal funding and scientific research funding have been raised,so as to promote the development of the economic activities in college and universities,which also brings complexity to economic activities.As much as the funding has create good opportunity to economic management activities in colleges,there are challenges at the same time.So the importance of internal control of colleges and universities gradually emerges.A complete internal control system is the key to ensuring the orderly implementation of various economic activities in colleges,which is conducive to the rational allocation of funds and the continuous development of teaching and scientific research.Based on this,if universities want to move forward steadily,it is inevitable to strengthen internal control.In order to ensure the stable development of all activities,provide support for education and make contributions to the society,colleges and universities must carry out the internal control work fundamentally.This paper studies the internal control problems in J university,using literature research and case analysis method.Based on the internal control of colleges and universities researches at home and abroad,the Internal Control Standard for Administrative Institutions(try out)and the five elements of the COSO framework,the internal control of J university could be divided into unit activities and economic activities.The unit activities consist of four aspects: internal control environment,internal control supervision and evaluation,risk assessment and information & communication.Economic activities consist of six major elements: budget control,revenue and expenditure control,procurement control,asset control,construction project control and contract control.Through in-depth analysis on the present internal control of J university,this paper discovers lots of problems such as: unscientific organizational structure,lack of early risk warning and prevention mechanism,inadequate internal audit and budgetary planning,unreasonable income audit system execution and purchasing application control,insufficient study analysis on construction project feasibility and business contract authorization management.At last,this paper puts forward corresponding suggestions from unit level and economic level.Optimize internal control environment,strengthen supervision and evaluation,establish a sound internal control risk assessment mechanism and strengthen information and communication in unit activities.Optimize budget management,strengthen revenue and expenditure management,improve procurement management and asset management,strengthen construction project management and standardize contract management in economic activities.The aim is to further improve the internal control construction system of J university,so as to realize its scientific and sustainable development.