The Ministry of Finance revised and issued the "Financial System of College Higher Union" to promote the improvement of the financial management level of universities

In order to thoroughly implement the Party Central Committee and the State Council on strengthening the decision -making and deployment of financial club supervision, further standardizing the financial behavior of colleges and universities, implementing relevant financial management requirements, and promoting the development of colleges and universities. Recently, the Ministry of Finance, in conjunction with the Ministry of Education and issuing the "Financial System of High Schools" (hereinafter referred to as "System"), promote the improvement of the financial management level of colleges and universities.

The principle of implementing the spirit of reform, adhering to the problem of problems, and reflecting the financial characteristics of colleges and universities is the principle of being connected with the newly revised "Financial Rules of Institutions" (the Ministry of Finance No. 108) and revised the relevant content. The first is to adhere to and strengthen the party's comprehensive leadership of colleges and universities, and the principal responsibility system under the leadership of the party committee of colleges and universities. Second, in accordance with the "Institutions' Finance Rules", the "System" should be adjusted and refined accordingly, and it is clear that comprehensive implementation of performance management, income that has not been included in the budget must not arrange expenditures, and truthfully reflect borrowing debts in accordance with the law. Regulations for accounting, adjust financial reports and asset management related terms. The third is to improve the level of finance management of universities, and in accordance with the relevant spirit of the "Accounting Law", it proposes a clear requirements for the financial management related professional background of financial management. The fourth is to implement the relevant requirements of the "Promoting the Transformation of Scientific and Technological Achievements" and "Interim Measures for the Management of State -owned Assets State -owned Assets in Public Institutions". Higher universities can independently decide to transfer, license or price investment in accordance with regulations, and obtain the results of transformation of scientific and technological achievements in accordance with regulations. All income is left to the unit.

In the next step, the Ministry of Finance will implement the decision -making and deployment of the Party Central Committee and the State Council with the Ministry of Education and other departments, pay close attention to the implementation of the "System", promote the interpretation of relevant training, continue to follow up and ask, guide colleges and universities to effectively improve the level of financial management, better services to better services Higher education reform and development.

(Source: Department of Finance and Education and Culture)

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