Thinking on Setting the Full-Time Professional Administrator of Research Funding
ABSTRACT
With the development of the national economy, the investment of science and technology has been steadily increasing during the 12th five-year plan period. Based on analyzing the problems exiting in current financial management of research institutions, this paper advances the idea of setting full-time professional administrator of research funding, and probes into the importance of the administrator that should be adopted in the meticulous financial management of research funding. Then the paper makes an analysis that the administrator should have professional knowledge of the technology, management, finance and audit. Only in this way can the administrator give the guidance and supervision throughout the budget preparation, budget implementation and financial audit. It is beneficial for the research institutions in improving the meticulous management level of research funding.
With the development of the national economy, the investment of science and technology has been steadily increasing during the 12th five-year plan period. Based on analyzing the problems exiting in current financial management of research institutions, this paper advances the idea of setting full-time professional administrator of research funding, and probes into the importance of the administrator that should be adopted in the meticulous financial management of research funding. Then the paper makes an analysis that the administrator should have professional knowledge of the technology, management, finance and audit. Only in this way can the administrator give the guidance and supervision throughout the budget preparation, budget implementation and financial audit. It is beneficial for the research institutions in improving the meticulous management level of research funding.
Cite this paper
Cui, H. and Yang, Z. (2014) Thinking on Setting the Full-Time Professional Administrator of Research Funding. Open Journal of Accounting, 3, 71-75. doi: 10.4236/ojacct.2014.33008.
Cui, H. and Yang, Z. (2014) Thinking on Setting the Full-Time Professional Administrator of Research Funding. Open Journal of Accounting, 3, 71-75. doi: 10.4236/ojacct.2014.33008.
References
[1] Posner, P. (2004) Program Assessment Rating Tool Presents Opportunities and Challenges for Budget and Performance Integration. GAO, USA. [2] Madole, J., Cook, J. and Guice, I. (2006) Post-Award Administration: A Brief Overview of OMB Circulars [R/OL]. Proceedings of NCURA Spring Region V Meeting, Austin, 7-10 May 2006, 424-426. [3] Cui, H.R., et al. (2013) Reflection on Strengthening the Audit Supervision of the Large Assets in Research Funding. Technology and Innovation Management, 34, 424-426. [4] Liu, J.J. (2011) Present Situation and Strategy of Scientific Research Funds in Local Comprehensive Universities. Technology and Innovation Management, 32, 328-331. [5] Fisher, J.G., Peffer, S.A. and Sprinkle, G.B. (2003) Budget Based Contracts, Budget Levels, and Group Performance. Journal of Management Accounting Research, 5, 1-74. [6] Ouyang, Z.S., et al. (2013) Enlightenment of the Reform of Government Accounting in Canada and USA. Accounting Research, 11, 3-7. [7] Frow, N., Marginson, D. and Ogden, S. (2010) “Continuous” Budgeting: Reconciling Budget Flexibility with Budgetary Control. Accounting, Organizations and Society, 35, 444-461.
http://dx.doi.org/10.1016/j.aos.2009.10.003 [8] Libby, T. and Lindsay, R.M. (2010) Beyond Budgeting or Budgeting Reconsidered? A Survey of North-American Budgeting Practice. Management Accounting Research, 21, 56-75.
http://dx.doi.org/10.1016/j.mar.2009.10.003 [9] Covaleski, M.A., et al. (2003) Budgeting Research: Three Theoretical Perspectives and Criteria for Selective Integration. Journal of Management Accounting Research, 15, 3-49.
http://dx.doi.org/10.2308/jmar.2003.15.1.3 [10] Dai, G.Q. (2006) The Research Funds Supervision and Inspiration from American Federal Government. Scientific Research Management, 27, 17-22.
[1] Posner, P. (2004) Program Assessment Rating Tool Presents Opportunities and Challenges for Budget and Performance Integration. GAO, USA. [2] Madole, J., Cook, J. and Guice, I. (2006) Post-Award Administration: A Brief Overview of OMB Circulars [R/OL]. Proceedings of NCURA Spring Region V Meeting, Austin, 7-10 May 2006, 424-426. [3] Cui, H.R., et al. (2013) Reflection on Strengthening the Audit Supervision of the Large Assets in Research Funding. Technology and Innovation Management, 34, 424-426. [4] Liu, J.J. (2011) Present Situation and Strategy of Scientific Research Funds in Local Comprehensive Universities. Technology and Innovation Management, 32, 328-331. [5] Fisher, J.G., Peffer, S.A. and Sprinkle, G.B. (2003) Budget Based Contracts, Budget Levels, and Group Performance. Journal of Management Accounting Research, 5, 1-74. [6] Ouyang, Z.S., et al. (2013) Enlightenment of the Reform of Government Accounting in Canada and USA. Accounting Research, 11, 3-7. [7] Frow, N., Marginson, D. and Ogden, S. (2010) “Continuous” Budgeting: Reconciling Budget Flexibility with Budgetary Control. Accounting, Organizations and Society, 35, 444-461.
http://dx.doi.org/10.1016/j.aos.2009.10.003 [8] Libby, T. and Lindsay, R.M. (2010) Beyond Budgeting or Budgeting Reconsidered? A Survey of North-American Budgeting Practice. Management Accounting Research, 21, 56-75.
http://dx.doi.org/10.1016/j.mar.2009.10.003 [9] Covaleski, M.A., et al. (2003) Budgeting Research: Three Theoretical Perspectives and Criteria for Selective Integration. Journal of Management Accounting Research, 15, 3-49.
http://dx.doi.org/10.2308/jmar.2003.15.1.3 [10] Dai, G.Q. (2006) The Research Funds Supervision and Inspiration from American Federal Government. Scientific Research Management, 27, 17-22.