Research On The Improvement Of Internal Control In Heilongjiang Vocational College Of Biotechnology

Internal control refers to the restrictive and regulative organization, planning, procedures and methods adopted by enterprises and nonprofit organizations for the purpose of reaching the intended management objectives and realizing modern management. In recent years, China’s higher vocational education has gradually become the main force that can cultivate high-quality and skill-oriented professionals. The state also released a series of documents and policies, including Several Opinions on Comprehensively Improving the Teaching Quality of Higher Vocational Education, and State Development Planning for Higher Vocational Education(2011- 2015), with an aim to vigorously promote the healthy and fast development of higher vocational education. In May 2014, the State Council released the Decision on Accelerating Development of Modern Vocational Education, which provides further guarantee for the fast development of higher vocational education. Compared with enterprises, vocational colleges, as a public institution, fail to pay enough attention to internal control owing to their different nature, fund sources and management objectives, and they have not formed a scientific and unified internal control system, which prevents their fulfillment of management objectives. Therefore, to perfect the internal control rules, establish an effective internal control system and standardize internal control activities is of great importance for vocational colleges to improve their internal control level, strengthen risk control and promote integrity.In November 2012, Ministry of Finance of the People’s Republic of China printed and distributed the Regulations for Internal Control of Administrative and Nonprofit organizations(trial implementation), and implemented it formally on January 1, 2014, which marks that the state will further strengthen and plan the internal control in administrative and nonprofit organizations. In order to strengthen the reform of nonprofit organizations by classification, in 2013, the new Accounting Standard for Nonprofit Organizations and Accounting System for Nonprofit Organizations were revised and implemented. Implementation of the laws and regulations have provided a basis for the financing activities and internal control of nonprofit organizations, and also provided system guarantee for them to realize their social goals.In this paper, the writer, taking Heilongjiang Vocational College of Biotechnology as an example and the Fundamental Norms for Internal Control of Enterprises and Regulations for Internal Control of Administrative and Nonprofit Organizations as the basis, analyzed the present situation of internal control in College from three aspects, namely the college, its businesses, and self-assessment and supervision of internal control based on the existing literatures using the case study method; problems found in the study include lack of an internal control environment, imperfection of the financial system, poor independence of internal audit, inappropriate information and communication, and nonstandard business control, and so on; in order to solve these problems, the paper also put forward some feasible suggestions for improving and perfecting the internal control in College, such as strengthening the consciousness of internal control, perfecting the internal control system, establishing HR control policies, improving the internal control organization structure, establishing and improving the internal control process, and standardizing the internal control activities relating to business, and introduced the guarantee measures for perfecting the internal control of the college according to its practical situations. The study and argumentation of the current situation, existing problems and cause analysis, and suggestions on improvement and perfection of internal control in Heilongjiang Vocational College of Biotechnology in this paper is not only of great instructive meanings to the internal control in this college, but also of great referential value to the internal control of other academies, and administrative and nonprofit organizations.