The Study Of Internal Control Of Budget Management In Financial Departments

The official implementation of the "internal control of administrative institutions norms" set off a storm in the national administrative institutions. The finance department, as the department in charge of financial resources, need to pay more attention on its internal control system. A set of complete internal control system help to ensure the normalization of financial revenue and expenditure, and make full use of financial resources. Budget management as one of the most important activities in financial activities, also need to have a strict internal control system. But still there are lots of problems in the current budget management, such as:the lack of internal control mechanism in the process of budgeting, no constraints in budget execution and so on. So it is very important to establish the internal control system of the budget management.This paper takes B city as a case to analyze the internal control system of the budget management. In this paper,we analyze the current internal control system, and examine the defects and the reasons of the defects,then put forward relevant suggestions to improve the system of the budget management in finance department. The paper can be divided into five parts. The first part is the introduction of this article, discussing the purpose and significance of this study, the relevant research at home and abroad, and the research methods and contents. The second part introduces the related concepts and framework of the study. The third part, taking B city as a case, analyzes the internal control system according to the COSO framework from five aspects:control environment, risk assessment, control activities, information and communication, and monitoring and evaluation analysis. The fourth part is the focus of this paper, basing on the analysis in the third part, put forward suggestions for improvement. The fifth part is the conclusion of the study,summarizing the full text of the study, and then suggests that in order to promote the implementation of the internal control system, the most important method is to strengthen the awareness of the leadership and staff about internal control, and take positive measures to carry out the internal control system.