Colleges and universities based on accounting problems and countermeasures.doc

Colleges and universities based on accounting problems and countermeasures Abstract: In the past universities using cash basis accounting system, simple easy to understand, but also to meet the needs of management, but with the university revenue from single to multi-channel constant evolution, cash basis of accounting in the income, expenditure and can not meet the financial management and public information requirements of the increasingly prominent issue, which requires the existing basis of accounting to gradually shift from the cash basis of accounting modified accrual basis. Keywords: college cash basis of accounting problems modified accrual Our budget accounting has long been using cash basis accounting system, lt;lt;College accounting systemgt;gt; (trial) the first part of Article V provides: ‘The colleges and universities generally use cash basis accounting system, but operating income business use of accrual accounting. ‘cash basis of accounting, accounting only to confirm the actual receipt of cash or pay cash transactions, and measure the difference between cash receipts and payments during a financial results, in line with general practice, accounting relatively simple accounting procedures, while the number of accounting recognition is the actual storage of budget funds, budget allocations and budget arrangements to facilitate the progress of expenditure and budget revenues and expenditures to reflect the true results. college is usually state-owned institutions, the past is the main government funding source of income, education spending is relatively simple content, the scale is relatively stable balance of payments, the use of cash basis of accounting is simple and easy to understand, but also to meet management needs. However, with the continuous deepening of reform of higher education, colleges and universities from the State requirements for a single grant, to various fund-raising pattern is also gradually expanding its range