University Financial Management Research Articles

Exploring the Application of Refined Management in University Financial Management

The refined management of university finances primarily involves optimizing management methods and continuously improving financial management levels. This process helps enhance fund utilization efficiency, optimize resource allocation, ensure the rational use of educational funds, and provide solid financial support for the development of teaching, research, and other university undertakings. This paper explores the application of refined management in university financial management.

Financial Accountability, Resources and Competence of Proprietors, and Performance of Private Universities in Uganda

Abstract: The purpose of this study was to examine the effect of financial accountability on performance of private universities in Uganda. The study is guided by a hypothesis, that financial accountability have a statistically significant effect on the performance of private universities. The study taps into the voices of university stakeholders seeking their opinion on how to address the university performance challenges and 162 sample units were selected and participated in the study. The study follows the post-positivism philosophical stance which calls for the use of mixed techniques, while a descriptive, analytical and cross-sectional research design was utilized. Data was analyzed using two statistical software programs: Analysis of Moments of Structures (AMOS) for structural equation modeling (SEM), and SPSS was used for preliminary data analysis. In contrast, content analysis was employed in the qualitative approach. The results were presented using, Scatter plots, regression analysis, correlation coefficients and percentage tables while SEM was used to perform confirmatory factor analysis, principle component analysis, variance analysis, correlation coefficients and regression analysis. There was positive significant correlation between the financial accountability and the University performance (r = 0.641, P<0.01). The results further indicate that financial accountability individually explains 41.1% (R Square Change = .411) of the variations in University performance. The study found out that all dimensions of financial accountability exhibit a positive and significant relationship with performance. Hence value for money, financial reporting and audited accounts can ensure transparent financial transactions avoid diversion of funds, create robust strategies for mobilizing resources and save funds that can be utilized to improve financial sustainability and education quality in private universities. The study recommends that private universities should establish transparent financial reporting, promote active engagement of proprietors in financial decision making and resource mobilization, adherence to fiscal responsibilities, and effective financial governance as well as training proprietors in university financial management.

Research on Financial Management Issues and Countermeasures in Chinese Higher Education Institutions

With the continuous deepening of educational reform and the rapid development of higher education, as an important battlefield for knowledge dissemination, scientific research innovation, and social services, the financial management level of universities directly affects the efficiency of resource allocation, improvement of teaching quality, and sustainable development ability of the school. However, in the context of rapid expansion and diversified development, financial management in universities faces many challenges and problems. If not solved, it will inevitably negatively impact the management of universities and restrict their development. This article aims to deeply analyze the main problems in current financial management in universities and propose corresponding countermeasures and suggestions, to provide reference for improving the efficiency of financial management in universities.

Cost Control and Analysis in University Financial Management

In modern university financial management, cost control and analysis are critical means for enhancing economic efficiency and resource utilization. However, universities currently face numerous challenges in cost control, including imperfect management systems, insufficient levels of informatization, and inadequate personnel quality. This paper aims to explore methods of cost control and analysis in university financial management, proposing optimization strategies through the comparison of traditional and modern cost analysis tools to help university administrators improve financial management. The research provides not only theoretical guidance for universities but also practical and feasible solutions for implementation.

A Brief Discussion on the Three Major Modules of University Financial Management and the Current State of Budget Performance Management

In the context of the new era, the national governance capacity and level have greatly improved. With the continuous deepening of fiscal management reform, fiscal management capabilities and levels are enhanced annually with the application of new technologies. Particularly in recent years, budget performance management has been increasingly demanded across various industries, with stricter performance requirements for public university financial and project funds. This paper, drawing from personal work experience, presents insights and views on the key aspects of university financial management, the current state of performance management, and the feasibility of specific operations, serving as a discussion point within the industry.

Analysis of Evidence Discrepancies in Employee Spending Audit Procedures at ABC University by KAP LMR

This study investigates the audit of employee expenditures at ABC University, focusing on lecturer certification allowances. A qualitative method with a descriptive analysis approach was used to identify discrepancies between computer data archives (ADK) and payment orders (SPM). The results reveal discrepancies in the amounts reported in ADK and SPM concerning the lecturer certification allowances at ABC University. Although not materially significant, these findings indicate potential risks to the university’s internal control over financial administration. Verification with the university confirmed that administrative errors were the primary issue, highlighting the need to enhance audit procedures to improve financial reporting accuracy and strengthen internal control systems. This study underscores the necessity for improved audit procedures to enhance financial reporting accuracy and fortify internal control systems. The findings contribute to understanding and recommending improvements in financial management practices within higher education institutions, aiming to enhance transparency and accountability in university financial management.

Explore the Problems and Solutions in the Management of Financial Funds in Colleges and Universities

Financial capital management is an important guarantee to realize the normal operation of colleges and universities, and to improve the level of financial management is a key topic of research in colleges and universities. Therefore, some universities continue to improve and update management measures, hoping to improve the efficiency of the use of financial funds, reasonable allocation of capital resources. However, in the actual management stage of financial funds, there are still shortcomings, including the low utilization rate of funds, this paper carries out an analysis of this, describes the problems existing in the management of financial funds in colleges and universities, focuses on the analysis of solutions, in order to provide some suggestions for improving the quality of financial management in colleges and universities.

Unveiling the financial management landscape: A comparative study of management accounting practices in public and private universities of India

This study analyses respondents' demographics and analyses public and private universities in India's financial management, sustainability, and problems. Two hundred universities were surveyed to determine their gender, age, education, and experience. To assess financial management practices and identify critical aspects affecting financial sustainability, 100 public and 100 private universities were surveyed. This research contrasts public and private university financial management. Private universities emphasize financial transparency and efficiency, although both types recognize the significance of varied revenue streams, enrollment, and student retention for financial sustainability. Financial technology, public university funding, and private university funding management are all issues. Hypothesis testing shows that financial management practices affect university financial sustainability, suggesting that good financial management is essential for long-term survival. Policymakers, university administrators, can learn from this research. Stakeholders may optimize operations and achieve long-term success by understanding worker demographics and financial trends. This study enhances financial management knowledge and provides advice for economic resilience.

Multi-Scale Deep Learning-Based University Financial System: Hardware Design and Database Integration

With the increasing scale of college enrollment and the increasing complexity of college teaching management, college finance department should innovate the traditional financial management mode while adapting to the reform of teaching management, and make use of the openness and real-time characteristics of Internet to improve the quality of college financial management and reduce the risk of college financial management. To this end, this paper designs a university financial system based on multi-scale deep learning. In the hardware design, the system adds multiple sensors and scans all the information in the financial database using a coordinator. In the software design, the weights that can connect the financial information of the same attribute are set by establishing a database form; according to the multilayer perceptual network topology, a full interconnection model based on multi-scale deep learning is designed to realize the system’s deep extraction of data. The experimental results show that the financial risk is based on the risk warning capability for university finance, and compared with the system under the traditional design, the university finance system designed in this time has the most categories of financial information parameters extracted.

Innovative Financial Management in Higher Education: A Multi-Scale Deep Learning Approach for Risk Reduction and Quality Enhancement

This paper presents a novel university financial management system leveraging multi-scale deep learning. With rising college enrollment and teaching complexities, traditional financial models require adaptation to mitigate risks and improve management quality. The system integrates hardware and software innovations: multiple sensors enhance data scanning, coordinated by a central coordinator, ensuring comprehensive financial database coverage. Software-wise, a structured database establishes attribute-based financial connections, crucial for weight assignment. Employing a multilayer perceptual network topology, a full interconnection model based on multi-scale deep learning facilitates profound data extraction. Experimental evaluations demonstrate the system's superior financial risk assessment capabilities compared to traditional approaches, extracting a broader spectrum of financial parameters for comprehensive risk warnings. By embracing multi-scale deep learning, this system promises significant advancements in university financial management, enhancing adaptability and risk mitigation in college finance departments.

Exploration of Financial Management Curriculum Reform in Vocational College

As the core course of finance and accounting major, the study of financial management knowledge plays a positive role in promoting students’ understanding of the whole financial work and enriching financial knowledge. This paper analyzes the necessity of financial management curriculum reform, from the design ideas, teaching content, teaching mode, and teaching methods of several aspects of vocational college financial management curriculum reform work carried on the preliminary thinking, hoping to improve the teaching quality of this course will be helpful.

Research on the Innovation of Financial Management and Audit Supervision Mechanism of Colleges and Universities in the Context of Information Technology

Abstract The implementation of the audit supervision system in accordance with the law for nearly 20 years has demonstrated its significant role in maintaining the reform, development, and stability of colleges and universities. After extracting relevant financial data from the database, this study creates a maximum classification tree by splitting nominal variables in the ID3 incremental learning decision algorithm. It then combines incremental and categorical learning modules to establish the financial management and early warning system of colleges and universities. Subsequently, the innovation platform for university financial management and audit supervision is designed by combining the system with the objectives of university financial audit supervision. After testing, the function and performance of the platform are normal, and it can be applied to achieve financial management and audit supervision in universities. After applying the innovative platform proposed in this paper, the overall score of financial management and audit supervision in University E increased from 11.97 in 2018 to 16.16 in 2023, which is within the good and excellent range. This paper holds practical value in effectively enhancing the effectiveness of audit supervision in colleges and universities, further promoting the construction of internal systems and financial management in these institutions, and improving the efficiency of the use of educational funds and school operations in these institutions.

VU studijų proceso finansų valdymo kompiuterinis modeliavimas

In this work a computer simulation of Vilnius University financial management is completed. The purpose of the simulation is to calculate optimal distribution of monetary reserves for each VU faculty. In addition, the conclusion is made, which budget is oriented to quality of studies and which has social aspect.

Improvement of the financial management supervision system of universities in the context of big data

Abstract This paper first describes the process of the BP neural network mining algorithm, then applies the optimization algorithm to optimize the BP neural network model to improve its performance. The data mining algorithm is used to mine the financial management and supervision data of colleges and universities and analyze the problems in the financial management and supervision system of colleges and universities in terms of the financial management reimbursement process, budget process, financial information entry, and financial supervision respectively, and put forward suggestions for improvement. Regarding the awareness of financial information in colleges and universities, only about 30% of the people in each project said they understood it. In terms of financial work satisfaction, more than 50% are satisfied and very satisfied. On the problems of the reimbursement process, 87.75% of people think the approval process is long, 70.5% think the reimbursement rework rate is high, and 57.6% think the reimbursement queuing time is long. It is difficult to track the budget progress on a financial budget, lack of modern technology in the financial system, and lack of budget supervision are the top three, accounting for 77.3%, 77.5%, and 69.6%, respectively. Financial management in universities should keep up with the times and actively reform for the existing problems.

THE ANALYSIS OF BALANCED POLICIES IN WAQF BASED FINANCIAL MANAGEMENT ON PRIVATE HIGHER EDUCATION IN WEST JAVA

The main problem for private universities in Indonesia is the ability to finance the institution's operations independently and the main source of income for financing is still sourced from tuition fees paid by students. For waqf-based private universities, another problem is that assets cannot be used as collateral to obtain funding assistance from financial institutions. This situation causes waqf-based private universities to strive to manage finances properly for there is no waste and fraud. The purpose of this research was to examine the effect of transformational leadership, organizational commitment and competence of financial human resources through a balanced budget policy on the effectiveness of waqf-based private university financial management. The research method used was explanatory, and the data were collected using a questionnaire given by waqf-based private university financial leaders and staff, then analyzed using Partial Least Square (PLS) approach. The results of the research shows that balanced budget policies mediate transformational leadership, organizational commitment, financial HR competence have a positive influence on Financial Management Effectiveness as illustrated by t-statistic value (4.021) > 1.66 with a p-value (0.000) <0.05. Waqf-based private universities can increase the effectiveness of financial management through a balanced budget policy model in accordance with the characteristics of the institution supported by proper leadership, organizational commitment and competence of financial human resources which are continuously improved.

Research on the Innovation of University Financial Management System Based on Big Data Technology

Research on the Innovation of University Financial Management System Based on Big Data Technology

Design of an Intelligent Platform for Financial Expense Reimbursement in Colleges Based on Intelligent Data Storage of Process Information Sampling

The design is based on GSM process information wireless measurement system. The system is composed of related sensors and data acquisition modules, GSM wireless communication modules and main control computer, and has strong versatility. At present, colleges and universities have developed an information system that can meet the needs of financial management in colleges and universities by using advanced software development technology and combining with the actual work flow of financial management. Using object-oriented programming technology to develop a budget management system with a friendly operation interface, changing the complexity of manual budget preparation in the past and improving the efficiency of budget preparation.

Thoughts on the Application of Management Accounting in Financial Management of Colleges and Universities

With the development of the times, the level of accounting work has also been improved, and various universities have increasingly attached importance to the accounting management construction system. Only through continuous development can new breakthroughs be found in future financial management, learning, and work. However, under the new accounting system, there is still great room for progress in the development of accounting in various universities. This article starts with the application of management accounting in university financial management, analyzes the current situation of the development of university accounting management application level, analyzes its necessity, and the main direction in university accounting management. Finally, it proposes relevant strategies.

RESEARCH ON THE INFORMATION CONSTRUCTION METHOD OF UNIVERSITY FINANCIAL ARCHIVES MANAGEMENT IN THE NEW PERIOD

Financial file management in colleges and universities is a very important work, and it is a significant component of the daily work of the financial department in colleges and universities. It reflects the economic situation and financial management of universities, providing a real and reliable basis for their development and construction. In the new period, the economic development is very rapid, the number and scale of schools are also increasing and expanding, and the school leaders and managers of colleges and universities increasingly focus on the problem. With the reform of China’s education system and the continuous development of education, financial management accounts for an increasing proportion, which plays a very significant role in the daily management of colleges and universities. However, from the current situation of financial archives management in Chinese universities, there are still some problems in the specific work, so strengthening the informationization construction of financial archives management in universities has become an important topic facing universities in China. This article mainly investigates the problems in the management of financial archives in colleges and universities in the new period, and proposes some specific measures, hoping to further enhance the management efficiency of financial archives in universities, and provide support for the development of schools.

Research on the Modernization of University Financial Governance Based on the Framework of Governance System

The establishment of financial governance system is the basis of modern university governance, which plays an important role in optimizing resource allocation, serving discipline development, and preventing financial risks. The governance structure is the core component of the university financial governance system, which realizes the management goal through the reasonable allocation of financial decision-making power, executive power and supervision power. We should straighten out various financial relations according to law, establish scientific financial decision-making power, professional financial execution power, and diversified supervision power, and jointly promote the modernization of the university's financial management system and governance ability.