The Problems And Countermeasures Of Internal Control On Fixed Assets Of HN University

Fixed asset is the material foundation for the successful operation of teachingand researching activities in colleges and universities. With the development of ournation’s higher education, the scale of fixed assets of colleges and universities isexpanding rapidly, which occupies a great proportion of the total assets. But as amatter of fact, internal control of fixed assets in college and universities is weak, thefixed asset management system construction is falling behind and asset managementis located in a low level for a long time. It is of great importance to strengthen theinternal control of fixed assets, maintain good management, ensure the security andintegrity of fixed assets and guarantee the normal operation of colleges anduniversities.This paper takes HN University as the research object. Through the investigationof the internal control of fixed assets, and the comprehensive consideration of a seriesof regulations, such as the COSO internal framework, the Basic Norms of InternalControl and its supporting guidelines, Internal Control of Administrative Institutions,the author figures out the common problems in internal control of fixed assets of HNUniversity. There are still some significant leaks in the aspects of control environment,risk assessment, control activities, information communication and monitoring.Finally this paper puts forwards some measures to improve the internal control systemof fixed assets. The methods to optimize the internal control system are to improvethe internal control environment, strengthen risk management, take effective controlactivities, carry out the information management and complete internal supervision.Establish and improve the internal control of fixed assets in HN University is of greatsignificance, which can strengthen the comprehensive management of fixed assets,expand the size of university,improve the teaching quality and ensure the sustainabledevelopment. Hope that the countermeasures that this paper puts forward can providereference for other colleges and universities and further make useful contributions tothe establishment and improvement of internal control.