Solutions to Improve Financial Management Efficiency for Public Colleges

Author(s)

Xuan Cuong Hoang ,

Download Full PDF Pages: 01-07 | Views: 341 | Downloads: 81 | DOI: 10.5281/zenodo.6408308

Volume 11 - March 2022 (03)

Abstract

The financial management mechanism for public non-business units is understood as a mechanism whereby public administrative units are empowered to decide and be responsible for their own revenues and expenditures, but not exceeding the frame rate prescribed by the State. In Vietnam, the financial management still has many shortcomings that have not met the development goals. Therefore, this article offers perspectives and solutions to help improve the efficiency of financial management at public non-business units in general and at public universities and colleges in particular.

Keywords

Financial management, public universities

References

                 i.            Anand Rajaram, Le Minh Tuan, Kai Kaiser, Jay-Hyung Kim, and Jonas Frank (2014), The Power of Public Investment Management: Transforming Resources into Assets for Growth (The Power of Public Investment Management) : Transforming Resources into Assets for Growth), World Bank, Washington DC, USA.

      ii.            Anand Rajaram, Le Tuan Minh, Nataliya Biletska and Jim Brumby (2010), A diagnostic framework for evaluating public investment management, World Bank, Washington, Washington DC, USA.

    iii.            The Central Executive Committee (2018), Decision 145-QD/TW, dated 8/8/2018 of the Politburo, chemistry XII on the functions, tasks, powers, organizational apparatus of the Ho Chi Minh National People's Congress Minh, Hanoi.

     iv.            Bi as C. Sanyal, Micheala Martin and SuSan D'Antoni (translated by Nguyen Tri Hung) (2013), Management of lower secondary education - volume 10, UNESCO/International Institute for educational Planning-Paris Publishing House, Ho Chi Minh City National University, Ho Chi Minh City.

       v.            Ministry of Education and Training (2008), Developing a Project on Renovating the Financial Mechanism of Education and Training for the period 2008 - 2012, Hanoi.

     vi.            Ministry of Finance (2003), Circular No. 59/2003/TT-BTC dated June 23, 2003 guiding the implementation of Decree No. 60/2003/ND-CP dated June 6, 2003 of the Government stipulating detailed guidance on the implementation of the State Budget Law, Hanoi.

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