Research On Internal Control Of Fixed Assets In Public Universities Of China

With the rapid economy developed in recent years,the investment is increasing.Due to the needs of teaching and scientific research,the scale of fixed assets in universities is bigger.Fixed assets management has approval procedures are not strict,conscientious,daily management of idle assets utilization efficiency is low and not to establish evaluation system,which indicates that the internal control of fixed assets management is not optimistic.It is necessary to strengthen the study of theory and practice.First of all,the paper reviews the literature and system of internal control of fixed assets,expounds the theoretical basis and points out that this article is based on the theory of COSO internal control integration framework and the risk management factors.Secondly,I introduce the current situation in public universities and points out the existing problems and reasons.Thirdly,using the theory of five elements of internal control theory,we analyze the five problems of internal control in N University,including environment control,risk assessment,control activities,information and communication,supervision.It is concluded that N University has such problems as imperfect internal control environment,imperfect risk assessment mechanism,ineffective implementation of control activities,lack of effective information,communication and effective supervision.It also puts forward that N university can take the improvement of the control environment,establish and improve the risk assessment mechanism,strengthen the construction of control activities,improve the information communication mechanism and strengthen supervision.Finally,it is pushed to the general and continues to use the five elements of internal control to provide suggestions for the reference of other public universities.From the existing literature,the research of this paper makes up the blank of the theory.Moreover,the current internal control norms of administrative institutions are generally expressed,which remain at the institutional level,lacking specific and detailed practical guidance.This paper hopes to put forward specific implementation measures to enrich practical experience,not only to provide reference for N university management reform,but also to provide reference for other public universities.