2007Economic Research GuideRequires access

The Problem and Its Responsibilities in Change of the Universities' Financial Management Environment

Dechun Wang

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Abstract

The motivation for universities' financial management's development and innovation are from fiscal environment's grow, different fiscal environments can have different problems and promote new fiscal methods. The financial work in universities should analyze and think about the financial status carefully. With the opportunists and challenges of the traditional financial management, universities should seek and establish new financial management system and operation system in order to promote the innovation and development of university's financial management theories.

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The motivation for universities' financial management's development and innovation are from fiscal environment's grow, different fiscal environments can have different problems and promote new fiscal methods. The financial work in universities should analyze and think about the financial status carefully. With the opportunists and challenges of the traditional financial management, universities should seek and establish new financial management system and operation system in order to promote the innovation and development of university's financial management theories.

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Available abstract

The motivation for universities' financial management's development and innovation are from fiscal environment's grow, different fiscal environments can have different problems and promote new fiscal methods. The financial work in universities should analyze and think about the financial status carefully. With the opportunists and challenges of the traditional financial management, universities should seek and establish new financial management system and operation system in order to promote the innovation and development of university's financial management theories.

Key concepts: Financial management, Business, Work (physics), Order (exchange), Accounting management, Strategic financial management, Finance, Financial innovation

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