Internal Control Research On ABC University Scientific Research Funds

Scientific funding for universities will be certain to have a sharp rise as the scientific funding from national fiscal input continually increased. As the matter of fact that university research funding is mainly coming from national fiscal input, The State Council, Ministry of Finance as well as Education Departments at all levels had issued a series of regulations to supervise the use of college funding and college internal administrative cost control. However, by inspection and feedback from the mass in recent years, there are many problems appeared in practical use of college funding. Internal control deficiencies and lax implementation ultimately produce a disciplinary in the use of college funding. Therefore, the rational use of college funding, to ensure research in universities conduct smoothly, and to bring more value to college research will be the focus of this issue.Based on the theory of internal control related to scientific research management and best practice of internal control in developed countries, this paper summarized the status quote at home and abroad. On the basis of investigation, literature research and case studies, this issue demonstrates internal control circumstance of ABC university while explore and analyze the causes of existing problems at different points of views. Additionally, this paper provides suggestion on building and improving ABC university research funds internal control system combined with the five elements method.