On the Financial Management System Based on the Risk Control and Value Creation at Universities

The current accounting modes at universities cannot meet the need for management. Their budget planning is far from being perfect and their practice is relatively weak. In addition, they have paid less attention to the risk in home loan and lack the mechanism of loan payment. Further, their consciousness of financial management and benefit is not so strong. Accordingly, we should strengthen the budget planning and management of cost, projects, assets, cash flow and accounting. On this base, we can build a perfect system of financial management, which is aimed at controlling the risk and creating value.