Internal Control Of Public Institution Monetary Funds

"Internal control standard in administrative institutions (Trial)", issued in 2012, is an programmatic document, which promulgated by the Ministry of finance of our country administrative units to establish and perfect the internal control system. The document created a new situation of construction of internal control in administrative institutions in our country, it marked the end of the long era that unsystematic situation of administrative institutions of China internal control construction the passive situation. The issuing of "Internal control standard in administrative institutions (Trial)", make up for the vacancy of the internal control standards for the administrative units within the years, and change the embarrassment of the internal control standards of enterprises. The implementation of the new regulations can improve management level of institutions internal, establish the internal control standards, and strengthen the role of independent risk control, and further promote the construction of the internal control institution, make it legalization, standardization and institutionalization.However, because of the characteristics of public institution, the different ways of its management, business and accounting is different from enterpris. In a long time, for the lack of external and internal control s, the unit often suffers from economic losses. The assets of public institution can be divided into monetary fund and fixed assets. The monetary fund has the problem of difficult supervision and risk, because of its strong liquidity. Monetary fund business in most prone to engage in malpractices for selfish ends and the loopholes in management, and monetary funds related to corruption, corruption, kangaroo coffers, misappropriation of public funds phenomenon emerge in endlessly. The internal control of monetary funds is also relatively complex in the whole internal control system At present, the control of public institution of currency funds internal awareness is weak, imperfect internal control system, internal control process design unreasonable wait for a problem to still exist in the actual operation.These have seriously restricted the institution’s monetary fund operation efficiency and effect. Therefore, to curb corruption in the development, to ensure security of the monetary fund in the institutions, correctness and recovery, on the basis of researching the institutions of Monetary Fund Internal Control System, we need establishment the perfect system, to make the management of monetary funds do scientific, systematic, normative.However, because of the characteristics of public institution, the different ways of its management, business and accounting is different from enterpris. In a long time, for the lack of external and internal control s, the unit often suffers from economic losses. The assets of public institution can be divided into monetary fund and fixed assets. The monetary fund has the problem of difficult supervision and risk, because of its strong liquidity. Monetary fund business in most prone to engage in malpractices for selfish ends and the loopholes in management, and monetary funds related to corruption, corruption, kangaroo coffers, misappropriation of public funds phenomenon emerge in endlessly. The internal control of monetary funds is also relatively complex in the whole internal control system.At present, the control of public institution of currency funds internal awareness is weak, imperfect internal control system, internal control process design unreasonable wait for a problem to still exist in the actual operation. These have seriously restricted the institution’s monetary fund operation efficiency and effect. Therefore, to curb corruption in the development, to ensure security of the monetary fund in the institutions, correctness and recovery, on the basis of researching the institutions of Monetary Fund Internal Control System, we need establishment the perfect system, to make the management of monetary funds do scientific, systematic, normative.In this paper, based on the research of combing the enterprise monetary fund internal control, combined with the characteristics of public institution and in accordance with the 2012 issued "internal control standard in administrative institutions (Trial)", from the five elements of the internal control, detailed analysis the current status of the public institution (public institution)’s Monetary Fund Internal Control. It is pointed out that the defects and deficiencies. Then, analyze the situation of the internal control of monetary funds in Jiangyin municipal Party school, and the countermeasures and suggestions for strengthening the internal control of monetary funds in public institution are summarized.