Countermeasure Research On The Current Account Management Of D University

The current account of colleges and universities refers to the temporary settlement of funds that occurs between colleges and universities and other internal and external units and people during business activities.The management of current account is one of the key elements of financial management in colleges and universities.Calculating the current account correctly and standardizing its management are the basic tasks of financial management in colleges and universities,which are of great importance to improve the authenticity and accuracy of accounting information,accelerating capital turnover,and avoiding or reducing the loss of state-owned assets.With the development of China’s economy,colleges and universities are expanding rapidly with diversified forms of school-running and complicated business operation.Frequent business connection between colleges and universities increases the current account,while due to the lack of regulation awareness and related work,current account management has become a weak link in the accounting and financial management in colleges and universities.Thus,how to calculate the current account correctly and manage it has become one of the basic problems in standardizing financial management in colleges and universities.Strengthening the current account management and settling credits and debts timely is necessary for the healthy development of colleges and universities as the income and expenditure is highly valued under the current situation.On the one hand,analysis and management of current account can prevent asset loss,increase cash flow and capital turnover;on the other hand,it can build an enabling internal management environment for the long-term development of colleges and universities.Taking D University as the research object,this paper uses research methods such as literature analysis,investigation research,and case analysis to analyze the current status of the university’s current account management and points out five types of problems in the current account management.The specific problems of D University’s current account are as follows:D university does not pay enough attention to the current account management;D University current account risk assessment mechanism is insufficient;There are some problems in the daily management of current account in D University;The information management of current account in D University is not perfect;The internal supervision mechanism of current account management in D University is absent.The paper also puts forward countermeasures to these problems: to shape the idea of valuing current account management;to build a current account management system;to establish and improve the risk assessment system of current account;to unify the current account business management standards;to initiate current account management module;to build a current account monitoring platform;to quantify performance evaluation.This paper provides reasonable suggestions for improving current account management and various measures to improve the execution level of current account management.D University is one of China’s top universities under the direct leadership of the Chinese Ministry of Education.It is a world-class university that is listed under Project 985 and Project211 of China.Its current account management status and existing problems can represent those of similar universities to a certain extent.Therefore,the solution to the current account management problems of D University will be instructive to other universities.