Defects in the Management of State-owned Assets in College and Their Counter-measures

The state-owned assets are the assets owned by the state. The state-owned assets in a college are the totality of the various economic resources the colleges possess, use, and are confirmed in law to be the possessions of the state and calculated in terms of currency, which include the assets in a college that are allocated by the state, the assets the college gets according to the policies of the state governments, the assets that are denoted to the college by the other organizations or persons, and the other assets that are confirmed as the assets of the state. To be precise, they are the circulating assets, capital assets, specialized materials, and the invisible assets of a college. Because the educational funds of the college are allocated by the state government, the purpose of the college's development is not for earning profit, and the cost is not accounted in accounting, too much personal energy are put in the management of the circulating assets and the management of capital assets, the specialized materials, and the invisible assets is neglected in daily financial management. Though much improvement has been made in the management of capital assets, specialized materials and invisible assets in various colleges after the inventory of warehouse and the account of assets in 1993 and the check of the property in 2000, there are still deficiencies to be overcome in the management of state assets.