Several problems on accounting systems in higher education institutions in china

This paper analyzes the inconsistency of the current accounting systems utilized in China's higher education institutions. It compares the differences of accounting systems used in colleges and universities between U. S. and China, gives suggestions on how to improve current accounting systems in China's higher education institutions, such as making clear the accounting purpose, using asset-liability matching system in accounting, classifying the basic construction fund and the higher education fund and accounting for them together.