Centralized Treasury Payment System Reform And Its Countermeasures For A District Of Shenyang City

Since long age A district in shenyang adopts the following method:the government department opens the account in the central bank; each budget unit opens the account separately in the commercial bank. The state treasury sole account is one kind of government fund management system which is widely used internationally. It means that all government funds are concentrated in a bank account, usually in the Central Bank, in order to realize the centralized management to the government funds. That means all financial funds should be managed by the state treasury sole account and all of the income should be collected into the special financial account directly, the payout be paid to the goods and service providers directly.This separate and repeated control system of financial fund is redundant and causes the lacks the transparency in the use of the financial fund. And also this method does not favor the centralized management to government fund and has affected the efficiency of the financial fund usage. In order to change this kind of condition, A district in shenyang drew up the reform plan of the financial state treasury control system2010. At the same time, some problems appear and need to do some research.This aide uses the financial knowledge and analytical methods learned during the period of the MBA study and the experience learned from other countries to discuss the affect and changes brought by the reform of the expenses and incomes of state treasury.In a word, using the knowledge and the analytical methods learned during the study period of MBA, the author does some research about the current condition of the reform and the state treasury management system in order to know more about the state treasury sole account, then provides some suggestions and views. Because the author’s limitation of the knowledge, I hope that the experts give some advice and make corrections. I will do my best in the future study.