Study On Internal Control Of Budget Business Of A Public Institution Of Road Maintenance

Road transport is an important part of transport system and its booming development can play a positive role in local economic development.The public institution of road maintenance is a special kind of public institution in China.Nowadays,China is still at the stage of exploring how to build internal control of the budget business of public institutions for road maintenance.In 2014 and 2015,internal control regulations(trial)of administrative institutions issued by the state and budget law of the People's Republic of China were implemented successively.The introduction of these two laws and regulations provides a legal basis for the internal control of the budget business of public institutions for road maintenance.This marks the beginning of the establishment of road internal control system.The establishment and improvement of the internal control of the road unit can promote the improvement of the internal management level of the unit and the integrity of the anti-corruption risk prevention and control mechanism.Internal control is divided into six parts at the business level,the most extensive and important of which is the budget business.By conducting a field investigation into the building of internal controls of A Public Institution of Road Maintenance,a large number of first-hand data are collected with budget control as the key research object.Based on the theories of budget control,this paper touches upon the current situations of the budget control of A Public Institution of Road Maintenance by referring to organizational management system,budget control process,key risk points of budget control as well as internal control procedures.The analysis shows that there are problems existing in A Public Institution of Road Maintenance such as inadequate risk assessment,the unreasonable budget plan,the large difference in the implementation of the budget,the irregular adjustment,the insufficient post-evaluation of the budget,and the weakening of the internal supervision.Then,in response to these problems,A Public Institution of Road Maintenance should improve the risk assessment mechanism,strengthen budget management,refine budget indicators,strengthen budgetary control,sort out departmental responsibilities,and increase internal audit participants.Overall,the paper aims to provide valuable experiences for establishing and enhancing the budget internal controls of public institutions of road maintenance.