Financial Performance Evaluation Of Henan Universities

At present, our country’s higher education entered the popular phase, as the enrollmentexpansion of colleges and universities，the big increase in spending, the demand for money is also moreand more, The financial environment of universities also have a big change, colleges and universities in anew task faced by the financial aspect is how to make money using the flow in the direction of themaximum benefits of rationalization. In2008the university budget allocation system reform worklaunched in an all-round way，preliminary established the basic framework of university budgetallocations system, In higher education funding to use performance evaluation system has been graduallyrevealed, in the performance evaluation system of financial performance is an important part of thesystem, it is to reflect the college financial information.The purpose of this paper is to through the theoretical study, try to build financial performanceevaluation index system of institutions of higher learning, the financial performance of empiricalresearch in Henan universities, found the problems of the financial management in Henan universitiesand put forward corresponding feasible Suggestions according to the problems, in order to provide somereferences for rational configuration for college financial resources information.The research train of thought and main content of this paper is based on the analysis ofresearch status at home and abroad, The related theory such as stakeholder theory, public product theory,principal-agent theory, theory of accountability carries on the discussion, clear the connotation ofuniversity financial performance evaluation is in order to meet the requirements of the evaluation mainbody, especially the government evaluation, with the financial indicators is given priority to, reasonable use of the evaluation standard and scientific evaluation methods, In a certain amount of money aftercolleges and universities which reflect the efficiency, effectiveness and efficiency. Then identified in thisevaluation system should follow the principles such as scientific principle, relevance principle, thecomparability principle, feasibility principle, integrity principle, dynamic principle, Further reference theresults of other researchers, research on the existing evaluation index system, can build the responseability evaluation index system of university financial core performance, the system includes three levels,a total of15specific indicators. Including asset-liability ratio and liquidity ratio, real pay rate, potentialpay rate, income, debt ratio, ratio of public expenditure, ability of self-sufficiency, embrace income ratio,self-raised funds income ratio, revenue expenditure ratio, net deposit ratio, total spending rate, growthrate of fixed assets, its own funds use ratio, growth rate of net assets. Select the directly affiliatedcolleges and universities in Henan province department of education in20schools2010financial data,Operation analysis by SPSS software, the original data to reasonable treatment in the early stages of theprocessing, using the method of principal component analysis, financial performance evaluation index ofsample calculate the comprehensive score, according to the results and economics university, medicaluniversity engineering university, normal university, different financial performance are analyzed indetail, And why in terms of financial performance for different types of universities have differentevaluation results, through the sample university financial performance evaluation, found problem thatmay occur in the sample university finance work and then extrapolated to all universities in Henan, theproblems found during the analysis, such as Henan universities generally easy to existing debt is too high,lack of risk consciousness; oneself ability is poor, too dependent on national and local financial allocation;configuration is not reasonable for money; the internal control mechanism is not perfect, etc. Then thispaper from improve and perfect college financial rules and regulations, establish an effective financial performance evaluation system; achieve financial information transparency; improve financialmanagement, implement economic responsibility system; improve the strength and the ability to raisefunds of higher education, etc, in order to help the financial work of Henan universities. Finally, thedeficiency of this article are summarized and the future prospects.