Application Of Financial Sharing System In Public Institutions Under The Background Of "Classification Reform"

Since reform and opening-up,China's economic system reform has been developing deepened increasingly,and fiscal and tax reform and government reform have been advanced simultaneously.The functional positioning of public institutions has also been constantly adjusted along with the changing needs of the times.With the implementation of the reform of the "large department system" of government institutions and the promotion of the classification reform of public institutions,the financial management mode of public institutions should also be innovated and upgraded as necessary to improve the situation of the old financial management mode,chaotic internal control and low utilization rate of assets,which have long been criticized by public institutions.In recent years,a new type of financial management mode,financial shared services,began to rise in the domestic and foreign large-scale enterprise group,which get the budget management,fund management,investment and financing management,purchasing management,and other management means all together.On the one hand,it can unitedly handle the scattered and repeated business of enterprise group to realize the structure optimization,process specification,and lower costs with higher benefits.On the other hand,the characteristics of easy standardization,institution and routing process made mass large enterprises using the experience of financial shared application in enterprise group,through self-built or outsourcing,financial sharing platform for the pilot build institution,to realize the standards of financial management,increasing the service efficiency of state-owned capital.As a public institution directly under the government of Jiangxi province,Jiangxi A Bureau of Geology has jurisdiction over 10 geological prospecting public institutions and 139 enterprises of various types,which has reached the standard of public institutions above the scale,namely,numerous branches and widely distributed space.However,due to institutional reasons,a large number of affiliated enterprises generally have problems of small scale and low efficiency,and many loopholes in the internal control mechanism,resulting in unscientific budget preparation,incomplete budget scope and unreal final accounting information.The implementation of the new budget law in 2015 further improved China's fiscal budget system.However,in the past financial work of Jiangxi A Bureau of Geology,there was a lack of scientific and advanced concept guidance,insufficient cost awareness,and the "performance oriented" principle emphasized by the new budget law was not really implemented.There was a phenomenon of "dead bodies" in some management positions.In national institutions under the background of "classification reform",A geological survey in Jiangxi province to keep up with the situation of financial model innovation financial Shared services center,set up the unit to streamline integration and innovation of financial process necessary to upgrade,to further deepen the reform of the mechanism,standardize the accounting process,implements the dynamic control,improve the efficiency of the unit,the implementation of fiscal work "sunshine" has a positive effect,helps to make the financial management in the new breakthrough,the informationization of big changes.This article first gives an overview of the research background and significance of the financial shared services center established by Jiangxi A Bureau of Geology,then summarizes domestic and overseas scholars' studies on the classification of institution reform and the establishment of financial Shared services center,and finally explains about classification of institution,institution reform and financial Shared summary of relevant concepts and theories.Based on the theoretical basis,the necessity of financial model innovation of Jiangxi A Bureau of Geology under the background of classification reform and the possibility of implanting the financial sharing thinking from the birth of enterprises into Jiangxi A Bureau of Geology are expounded from the analysis of the internal and external environment of Jiangxi A Bureau of Geology.At the same time,based on the practical experience of Jiangxi A Bureau of Geology in establishing a financial sharing center,this paper comprehensively analyzed the operation plan of Jiangxi A Bureau of Geology in establishing a financial sharing service center from the four basic stages of the financial sharing center,including system planning,information platform building,business process reengineering and performance assessment.On this basis,the application of the financial sharing system among the public institutions affiliated to Jiangxi A Bureau of Geology,the public enterprises affiliated to Jiangxi A Bureau of Geology and the public institutions affiliated to Jiangxi A Bureau of Geology is analyzed in detail.A geological survey of Jiangxi institutions sharing system between applications,mainly focus on the budget and final accounts information,balance of payments structure and the performance evaluation of four dimensions,and regard fund management,investment and financing management,purchasing management and operational assets management as four key link in sharing enterprise financial system.Financial sharing among enterprises,institutions and application is focused on three levels,which respectively are grasping the financial accounting,financial risk control,and economic responsibility appraisal.This paper summarizes the successful experience and key issues in the establishment and operation of the financial sharing center of Jiangxi A Bureau of Geology through the combination of quantitative and qualitative case study method and investigation method,and puts forward useful suggestions for institutions in the same industry.Strengthening the reform of financial institutions,applying the "cash pool" management mode and strengthening the management and control system of operational assets are valuable experience for the establishment of financial sharing center.In the face of the risk points that Jiangxi A Bureau of Geology did not avoid in time in the process of setting up the financial sharing center,attention should be paid to them,and it is suggested to strengthen them from three aspects: preventing the risk of weakening the power of subordinate enterprises and public institutions,ensuring the implementation of guarantee mechanism,and promoting cost-benefit matching.