ZZ Technician College Financial Management Analysis

In recent years, especially in the national long-term education reform and development Plan (2010-2020), the promulgation and implementation of vocational education, financial management was brought to a more prominent position. Financial management is an important part of a school’s internal management, the existing management system can not meet the school’s need for rapid development without it. The newly revised "Enterprise Finance" and Rules went into effect on April1,2012, to strengthen the financial management of the basic work. The purpose is to adjust and improve the financial behavior, standardizing institutions. ZZ Technician College in Henan has a long history of secondary vocational schools, the financial management program, encountered a few of the more prominent common problems. To study these problems in its financial management program, not only can we make recommendations for the school’s higher level of financial management to improve the financial management technician school in China, but, also have some reference.ZZ, the technicians College after30years of development, its financial management policies and accounting changes in the environment are facing the new challenges, mainly in the existing accounting system constraints, the implementation of free tuition, under the conditions of cost accounting they can not manage administrative divisions according to the number of pupils in the school grant to provide a scientific basis, resulting in payment imbalances; the use of funds, in the case of diversified payments, still using single cash basis accounting, the reason can not be accurately accounted for and completed to reflect the new business content; for mufti-channel sources of funds purchased, the value of expensive practice equipment fixed assets is still depreciation, still can not guarantee the security of the assets and may not accurately reflect the actual value, which is not conducive to the update and management; diversification of mufti-channel flow of capital, is still a cash flow statement, which can not reflect the inflow and outflow of funds, increase the risk of the use of funds.ZZ technicians Institutes main problems in financial management, combined with the existing national policies and the new financial management rules, create a new perspective through the analysis of its causes. It also draws some domestic and foreign advanced management experience of similar schools, propose changes in financial management concepts to improve financial management capacity, drawing on the principle of accrual cost accounting, strengthening the management of a fixed assets provision for depreciation of fixed assets, cash flow statement measures to improve the system of accounting statements to the ZZ Technician College as well as other new secondary vocational education problems in the financial management of the school...