Accounting System in Institutions of Higher Learning and Higher Education Costing

The costing accounting and control of higher education is an important basis for the state to allocate fund and charge and also an objective need to construct a modern university system and optimize the educational resources.China's current accounting system for colleges and universities has restricted real,complete and accurate costing of higher education in the following aspects such as the accounting entity,accounting basis and accounting requirements,which is not conducive to cost control of education.This article proposes ways of reforming the current accounting systems,by incorporating infrastructure administrative and accounting entities and establishing accrual basis accountingsystem in colleges and universities.