On the infrastructure and institutions to strengthen the financial management of Countermeasures

Paper Keywords: infrastructure, financial institutions management strategies
Abstract: With the continuous development of market economy, the majority of our business units continue to increase infrastructure projects, thus increasing the financial management has also emerged a new problem, new situation for China's institutions of financial management put forward higher requirements , in order to adapt to the times of development, and institutions play in promoting the process of building the backbone of the economy, it is necessary to strengthen the institutions of the financial management of infrastructure projects, this paper attempts to manage the current problem of infrastructure and institutions and corresponding measures are briefly discussed.


First, the current infrastructure and institutions in the financial management problems
(A) the lack of advanced infrastructure, financial management concepts
With the continuous development of market economy, China's public institutions from the past to non-operating items based multi-state area into the business of project investment phase of the project, but in the process, many investment projects small amounts, staffing is inadequate, the construction cycle is short, the return rate is not high, and management of public institutions has not been enough attention, and thus the lack of a dedicated management infrastructure finance office sector, some system is often on paper, the execution is poor.

(Ii) lack of professional quality excellent infrastructure accountants
People are the key to development, people's thinking determines the quality level of efficiency, the current institutions of the financial management of infrastructure, poor quality of some of the financial staff, lack of appropriate financial work experience, and some even have not been involved in infrastructure financial management, financial management and lack of formal education, lack of content expertise, coupled with the financial management for the infrastructure are not familiar with, directly led to many problems, often to the stage of the project accounts before realized accounting classification and the division of budget items do not match, can be said that this lack of professionalism of the financial infrastructure and institutions who have become the financial management of significant risks, because the values ​​of individual staff for distorted or even self-interest and share of public funds, a business unit within the tumor.

(C) the financial accounting infrastructure, scientific
China's total for the year-end accounts and institutions more stringent checks, so the end of the year when many institutions are often accounts for the smooth passage of audit, the accounts on a certain degree of adjustment, in most cases this adjustment is based on the actual benefits and plans to invest the difference and take a contingency measure, some companies the lack of specialized infrastructure, financial management, does not have a true sense of the infrastructure, financial accounting management system, while others followed the business of construction projects directly in the process of accounting methods , which directly led to inadequate infrastructure accounts set subjects, undermining the integrity and authenticity of financial management.

(D) the lack of effective review of the budget
First, many institutions of infrastructure projects is not strictly in accordance with the approved feasibility report to start the design specification, the individual design department also appeared to increase the design budget to meet the multi-purpose design fees charged, which directly led to the budget has been severely distorted in the early and excessive, followed by compression is not responsible for the budget, many units in order to be able to declare the success of the project, deliberately artificial compression estimates, budgets, so that not only are more likely to be approved, but also to reduce the tax burden, But once the project approval can be put into construction, will increase the amount of investment, and even some units vigorously unplanned projects, in the case of approval has not been blind to carry out the construction, infrastructure project has led to a mere formality. Finally, the budget review not stringent enough, this phenomenon is usually due to some problems on the management of some units and not transfer the trial, the estimates for some projects do not timely and effective adjustments, resulting in a direct consequence of the actual amount of construction used far far beyond the standards of funding originally planned.

Second, to strengthen the financial management infrastructure and institutions of specific measures
(An increased utilization of funds, the strengthening of key aspects of management
For infrastructure projects, financial management, funding to conduct rigorous constraints on the allocation for projects, the financial officers must be in strict accordance with the project's infrastructure investment plan, and to always grasp the progress of construction projects in progress and disbursements requirements consistent with the case strictly in accordance with appropriate procedures for financial contracts and grants in the receiving side and the construction unit special seal of financial inconsistencies, the contract is invalid or can not submit the contract situation, and financial officers to refuse payment.

(Two innovative management ideas, strengthen management efforts
For economic development it is necessary to raise the level of awareness of people's thinking, for the institution, the good people work is essential, therefore, to constantly improve the financial management staff ideas to improve financial management for infrastructure projects understand the importance, in addition, the relevant leaders should play their active management, coordination and guidance functions, and actively establish and improve rules and regulations related to infrastructure projects, infrastructure projects accounting standard work, set up a special financial sector, and with good and have some work experience and professional knowledge of the financial staff, infrastructure, financial management will be standardized. Links to free download http://www.hi138.com
(C to improve the financial management of the personnel involved in the quality of infrastructure
Improve financial management infrastructure is to improve the professionalism of the management efficiency of infrastructure projects, the basic premise of the financial institutions who want to create the conditions for learning, to a certain degree of human and material resources and capital on the investment, for the staff to create a good learning environment, improve the professionalism of those who lack the ability to work less financial staff level of expertise, financial knowledge, training, and actively organize to carry out infrastructure projects targeted accounts classes, so that the financial staff to carry out targeted learning, leadership at all levels should regularly participate in short-term training, extensive knowledge of their management, the internal unit for as soon as possible to improve the overall financial management for the smooth implementation of infrastructure projects lay a solid foundation.

(D emphasis on effective management of financial accounts completion
First, to clear the completion of the preparation of financial statements to establish accounts from the beginning and throughout every aspect of the work of construction principles, as far as possible in the course details on the project with the project budget and project details of the bidding interface, and secondly, to make progress schedule On this basis, matching the development of a financial statement, the completion of regular financial summary of the total accounts, total accounts for the final completion of preparatory work to do. Finally, after the end of infrastructure projects, to carry out timely completion of financial clean up and protect the authenticity and validity of accounts.

In short, the new economic and social situation demands, we need to understand and analyze the current infrastructure, financial institutions work in the problems and deficiencies, to be creative, explore new ideas, in the existing infrastructure on the advantages of financial management, gradually improve relevant rules and regulations, multi-disciplinary approach to adjust to the financial management infrastructure and institutions to ensure the authenticity and efficiency, and ultimately play and institutions to join China's socialist harmonious society and the leading force of economic and social development, to realize their own efficiency and social benefits.


References:
[1] single Minghui. Completion of the accounts is an important part of project cost management [J]. Qinghai Transportation Technology 2005, (01).

[2] YANG Shu-Hang. On infrastructure, the merger of accounting and financial accounting issues to ponder. Accounting Friends ,2009,52:27-29. Links to free download http://www.hi138.com