Of the school management and control of financial risk

Abstract: School to maintain and develop the most basic elements of capital, so schools should strengthen the financial management awareness, strengthen the school's early warning and prevention of financial risk. In this paper, the existence of financial risk my school put forward the appropriate measures to reduce financial risk and loss.

Keywords: school; financial risk; Management and Control
Abstract: The school maintenance and the development most base element is a fund, therefore the school should strengthen the administration of the fund consciousness, strengthens the school financial risk the early warning and the guard. This article proposed on my school existence's financial risk question the corresponding measure, reduces the financial risk and the loss.

Keywords:: school; financial risk; management and control

One of the basic characteristics of the 21st century, economic integration and social education, in order to adapt to this trend is deepening reform of China's institutions of higher learning, to achieve the "four modernizations" that school forms, investment diversification, economic activity Marketing and Logistics of the school. our school as a key state in vocational schools, vocational institutions Corps leader, is the light of higher education administration, improve the financial system and reduce financial risk.

Financial risk refers to the school during the school operations because of the risks of capital movement, the budget imbalance is now focused on mining, capital structure is irrational and so on. Meanwhile, with the continuous deepening of reform of educational system, vocational education in China's fast development, our school is also on the basis of the original renovation and expansion, the school infrastructure are the main source of funds: state appropriations, the cause of balance. rational and efficient use of these funds, to avoid losses and waste of our school development is the main problem .

Schools as a market economy special economic entities, with its development and construction, but there are some financial risks. School financial risk is the root cause of its formation on a cash basis of accounting, education funding and investment in infrastructure, education, separation of accounting system defects, the cause of incentive income of the school and expenditure rigid seasonal conflicts budget examination and approval system should be strictly implemented to strengthen the sense of cost accounting, project accounting perfect auxiliary account, monitoring changes in the debt off the books, the establishment of financial risk responsibility system, the introduction of social forces of reform run enterprises.

1, the source of our financial risk
1.1 The cost of poor awareness of risks may cause the pay
Although in recent years, costing our school efforts to strengthen the sector, but there are still some departments, professional system for the professional setting, curriculum and placement and teacher employment, and never in cost accounting, resulting in some professional or training not only can not earn income, also cause difficulties in paying the fees of teachers.

1.2 large procurement activities, the formation of maintenance arrears payment risks that may arise
Procurement refers to the school into a large bulk purchase of teaching equipment, furniture, appliances, goods such procurement contract to the general acceptance of the payment and the supplier is also used to issue invoices by payment schedule, so the sign generally do not purchase-money liabilities of the books into the schools, the financial sector is difficult to control, once a large number of arrears due, often result in payment difficulties.

1.3 Logistics of extensive management payment risks that may arise
So far, our school there are still some logistics management caused by the extensive regulatory loopholes, such as: bulk purchase more freely, not for harmonization of procurement approval procedures, not through normal procurement procedures for contracts entered into, the management of this randomness seriously affected the normal school budget expenditure, likely to cause payment difficulties.

1.4 debts infrastructure projects may lead to the risk of payment
In recent years, the school has significantly increased the scale of infrastructure investment, conditions for running the "bottleneck" of funds quickly into the "bottleneck" infrastructure investment and the payment of works to some extent affected the progress of investment projects completed. Reposted elsewhere Free Download Center http://www.hi138.com 2 school paper to take measures to deal with financial risk
2.1 The establishment of financial risk early warning system as soon as possible
The establishment of financial risk early warning mechanism to determine long-term development of the idea of ​​school is significant, it is a school of economic activities in the potential financial risk and financial management indicators in real-time monitoring system, throughout the whole process of economic activities in schools, through the managed object were to develop appropriate financial risk control indicators to the passage of the financial report, budget indicators and other relevant financial information based on mathematical model, the proportion of the general method of analysis, to achieve the overall objective of risk control.

2.2 Strengthening budget management
School budget is based on the school development plan and the annual task of preparing the financial revenue and expenditure plans. The one hand, the budget and business requirements to improve the relevance of development to ensure the effectiveness of the budget; the other hand, looking for greater budget, which play a Budget in the school's positive role in career development; addition but also through administrative means to ensure that the seriousness of the budget by strengthening budget management, improve the planned use of funds.

2.3 sound internal control
Management of internal controls to achieve the objective is to protect the management tools. Improve and perfect the financial internal control system will help create a safe and efficient capital operating environment, the effective implementation of financial security, ensure value for money to play.

(1) create a sound financial internal control environment. The school management should pay full attention to the financial internal control environment, and actively support and participate in the financial internal control, the safety of funds as the control of the main objectives to ensure the integrity of the financial internal control, a reasonable and effectiveness.

(2) to build safe and efficient accounting system. From the accounting business processes involved in key aspects of financial operations to proceed, through the establishment of accountability and accounting rules, strengthen financial internal controls.

(3) efforts to build standardized control procedures. Control program is to provide reasonable assurance that management objectives, implementation and management of instruction, and resolve financial risks taken by financial policies and procedures. Shall adhere to the separation of incompatible positions the basic principles, a clear involved and the flow of funds to pay for job-related responsibilities and authorities; development of financial revenue and expenditure management practices and approval of major expenses for approval and licensing system; establish a strict approval system of funds collection and payment authorization; a financial major issues (including the large capital expenditure) reporting system and so on.

(4) strictly regulate the capital construction investment control. Basic school infrastructure investment is an important part of the construction process, which requires decision makers in the school capital construction, construction management and other management personnel, seriously implement the planning, design focus on the entire process of building control, to seriously study the project a comprehensive theory of cost management knowledge, and continuously improve their own quality, active control, long-term adherence.

At present, the wave of school reform, also accepted the baptism of the market economy, and school maintenance and development of the basic elements of capital, this school should strengthen financial management awareness. Strengthen the school's early warning and prevention of financial risks, the biggest play efficiency of capital use school funds to the school into a virtuous cycle, reduce risk and loss.

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