Discussion on How to Reinforce FinancialManagement in Higher Learning Institution

During the process of changing from planned economy age into market economy age, China's higher institutions have been transformed from pure institutions which only pay attention to social benefits to half-public and half-operation institutions which lay stress on both social effects and self-performance. This substantive conversion results in a great change of the environment and goal of financial management in higher institutions. The paper proposes concrete practices on how to strengthen financial management in higher institutions in the newcircumstance combining with current status of financial management work in higher institutions.