The Research On The Current Internal Controls Of Financial Bureau Of Tianchang City

Since the reform and opening up over past thirty years ago,the development of economy and people's living standard of our country have taken great changes,the financial revenue and expenditure of our government have increased nearly one hundred times.With the increasingly improve of the market economy and social development in our country,it also puts forward new requirements and challenges for the management of our government departments.In the process of such a rapid development,our local government also exposes some problems on the internal controls and administrative management,such as corruption,breach of privilege,waste and fraud,which have caused huge loss of state-owned property and brought great threat to the interests of the people and the country.But think about it carefully,the problems our government exposed are closely related to our local government's weak management and poor internal controls.In order to solve these problems and improve the level of internal management,our government departments should transform their role in the process of economic development,so they can satisfy the needs of the current market economy and in consonance with the interests of the people and our country.This requires the government to continuously improve its internal control system and ensure it operate effectively so that our government can better perform its public fiduciary duties.The government should change the role it present to service-oriented and performance-oriented in the process of economic development,which will need to set up a perfect internal control system and make the rules to operate effectively.In order to make sure the government perform the functions effectively and improve the efficiency and effectiveness of financial capital,it is urgent to strengthen supervision and management of government departments.As an essential part of government management,internal control plays an important role in restraining and regulating governmental administrative behavior.At the same time,it can also reduce the operation cost of government departments and improve the work efficiency and work quality of government departments.Then the government can realize the management goal and better fulfill public fiduciary duty.The further study on present situation and problems of the government's internal controls still has important practical significance.Initially,the concept of internal control was introduced into the enterprise to guard against the fraud and fraud of the financial reports of public companies.After years of construction,the internal control of public companies in China has been standardized in enterprise management,and it also improve product quality and social responsibility,establish the respect such as public image.At the present stage,our country's internal control in the government is worse than the enterprise,therefore,it has an urgent necessity for the government departments to study the internal control issues from enterprise.This paper first introduces the research background and significance of the internal control of government departments and the literature review,then introduces the theoretical basis and case analysis of the internal control of government departments.The research object selected in this paper is the finance bureau of a county-level city.This paper mainly research the current situation and existing problems of internal controls happened in Financial Bureau of Tianchang City and put forward improvement measures and approach,which is based on the eight aspects of COSO Internal Control-Integrated Framework.The eight aspects of COSO include internal environment,goal setting,event identification,risk assessment,risk response,control activities,information and communication,internal supervision.Firstly,questionnaire survey and field visit were carried out in the financial bureau,so that we can have a general understanding and preliminary judgment on the current situation of the internal control.On this basis,we can further study and analyze the overall level internal control situation and the specific business level of the finance bureau respectively.At the overall level,it point out some problems from the five aspects of internal control,such as the structure of the organization,the decision-making mechanism,human resource management,information systems and communication,internal evaluation and supervision.Then it proposes the corresponding improvement measures and response methods.At the specific business level,the main fund management of the finance bureau is selected for analysis.According to the nature and different functions of the capital,the paper divide professional work into budget management,non-tax revenue management,subsidies,capital investment project management and so on.According to the nature and different functions of the capital,the paper divide professional work into budget management,non-tax revenue management,subsidies,capital investment project management and so on.The paper analyze the possible risk points of these businesses and point out the key control points for the risks and finally propose targeted control measures,in order to further improve internal control management work.We have carried out questionnaire and field visits in the financial bureau,so that we can make a judge on the internal control situation and points out some problems,and proposes corresponding improvement measures and countermeasures.According to the results of the questionnaire survey,the internal control work of Financial Bureau of Tianchang City still has some problems.The paper insists on the principle of seeking truth from facts,starting from the current situation problem and solving countermeasures.I hope the points will have practical significance so that it can further improve the internal control management system,enhance the quality of the finance bureau's work and management level,and also promote the efficiency and effect of capital management.However,due to the space limitation,this paper fails to analyze all the capital categories and management functions of the case.So the content of the internal control analysis is not detailed enough,but it also covers the main capital management process of the county-level financial system,it is able to provide certain reference and help for the internal control management of county level finance department.