Research On Internal Control Of Monetary Funds In Administrative Institutions

Monetary fund is a very important part of the assets in the administrative institutions,which play an indispensable role in the operation and development of the unit.The liquidity of monetary fund is strong,the risk is high,and the problem is easy to appear.Therefore,how to prevent and control the risk of economic activity and strengthen the internal control of monetary fund is imminent.Along with the rapidly-changing global economic development and social progress,the importance of internal control in administrative institutions are becoming more and more prominent.Meanwhile,the deep problems are also exposed,arousing the attention of the nation and the Ministry of Finance.The Ministry of Finance had published "The several opinions on strengthening the internal control of finance" and "The notice on the management system of internal control reports of administrative institutions"(for Trial Implementation).It meant that The Ministry of Finance carried out a more clear requirement for accomplishing the internal control work.Further detailed the establishment and implementation of internal control on financial core business,such as fiscal and tax policy formulation,budget management,etc.Take six measures,namely,clear responsibilities,streamline processes,identify risks,control nodes,strengthen supervision and enhance accountability,so as to prevent and control business risks and clean government risks.But at present,many administrative institutions in China do not pay enough attention to the internal control of Monetary Fund.The construction of internal control system cannot keep pace with the pace of development of the unit,which brings many hidden dangers to the economic and development of the unit.In order to improve this situation,this paper,taking the Education Bureau of Q city development zone as an example,puts forward a series of solutions,which has become the important purpose and significance of this study.First of all,this paper makes a summary of the research background and research significance of the internal control of monetary funds.The main research methods are literature research,case analysis,and qualitative analysis.Then it introduces the development of internal and external internal control theory,and expounds the theoretical basis of the internal control of the monetary funds of the administrative institutions.Then take the Education Bureau as a research object,this paper introduces the basic situation of the Education Bureau and internal monetary fund control situation,and separately from the internal environment,risk assessment,control activities,information and communication,internal supervision and five aspects of the Education Bureau of internal control is put forward the existent problems and reasons analysis.To solve the problem,the author proposed from five aspects,and puts forward the corresponding scientific solutions are:to establish and improve the internal control environment,pay attention to the currency monetary fund risks,standardize and perfect the monetary fund control activities,promote the communication and exchange of information,strengthen internal control supervision work.It is hoped that the situation of internal control can be improved so as to provide reference for the development of the unit.