Analysis on Development of Rural Financial Management Informationization

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School of Business Administration, University of Science and Technology Liaoning, Anshan 114051, China

1 Introduction

If China wants to be strong, agriculture must be strong. If China wants to be beautiful, the countryside must be beautiful. If China wants to get rich, the farmers must be rich. For several years, No.1 document of central government took solution of three rural issue as top priority of the government work. It also stipulated that we should stabilize and improve basic rural policies of the Party, give prominence to agricultural and rural infrastructure, include improvement of people’s livelihood into major tasks of adjusting distribution pattern of national income, take increasing rural demand as a key measure of pulling domestic demand, take developing modern agriculture as an important task of transforming economic development mode, and take construction of new socialist countryside and pushing forward urbanization as a lasting power. With the rapid development of information, digital, and network technology, rural areas also need introducing modern technologies to realize further development. The construction of rural financial management is an essential guarantee for the long-term development of modern rural areas. Besides, the new socialist countryside construction is inseparable from the application of information technology. Therefore, making efforts to improve the level of information is an essential condition for rural economic development and also the foundation for maintaining stable development of rural areas. In this situation, rural financial management is of great significance for new socialist countryside.

2 Modes of current rural financial management informationization

Social and economic level exerts a great influence on the rural financial management modes. At present, there are three types of rural financial management modes: village account village management, village account township management, and entrusted management. Different management modes have different informationization operation modes.

2.1VillageaccountvillagemanagementVillage set up their own financial staff and account books, and opening their own accounts. This is the village account village management. In this management mode, collective financial affairs are independently accounted under the supervision of village committee and democratic financial management team. Financial affairs are disclosed periodically and receive surveillance by the masses. Advantages of this management mode: most financial personnel are local residents and familiar with local financial affairs, so they can deal with and manage funds of village collective in a better manner. Disadvantages of this management mode: village cadres and village accountant may have opportunities to manipulate financial affairs of the village.

2.2VillageaccounttownshipmanagementIn the village account township management mode, township sets up a unified financial management center to make collective management for financial affairs of each village in the township. Financial personnel of each village regularly submit documents to townships for review and accounting. Advantages of this management mode: give full play to the functions of the government, and well solve the problem of disorderly financial revenue and expenditure of the rural grass-roots organizations. Disadvantages of this management mode: the management is not legal. According to provisions ofOrganicLawoftheVillagers’CommitteesofthePeople’sRepublicofChina, the people’s government of a township, a nationality township or a town shall guide, support and help the villagers’ committees in their work, but may not interfere with the affairs that lawfully within the scope of the villagers self-government. Besides, this management is not reasonable and some village cadres may increase burden of villagers for their interests. Truly, with the economic development, rural financial management will return to the farmers.

2.3EntrustedmanagementThis management mode is developed on the basis of the village account township management. Village accounting agency center is established in the township, and written power of attorney is signed. The agency center sets up the chief accountant and village accountant to conduct separate financial management of each village in the township. This mode is very similar to the village account township management. The subject of both management modes is the accounting agency center. Although it stresses independence of each village to a certain extent, there is the drawback of excessive participation of government, and it is difficult to really implement democratic financial management.

3 Existing problems in the development of rural financial management informationization

In recent years, with in-depth development of rural economic reform, the village-level financial management has realized considerable development, and the accounting work has been greatly improved, but the level of rural financial management is still relatively low, which can be reflected mainly in the following aspects.

3.1SoftwareoffinancialinformationizationisnotperfectSince financial software market in rural areas is not mature, the volume of business is relatively small, most accounting software companies focus on the financial processing. They just extend rural financial software on this basis. Although rural areas have been allocated with financial software, due to little attention of enterprises to this problem, the software quality is varied, and functions are too simple and limited to simple accounting, and it is difficult to perform the rural financial work in an all-round way.

3.2Thequalityofruralfinancialpersonnelisrelativelylow

The daily work of rural financial information not only needs operator but also needs maintenance personnel, which is a great difficulty for the rural financial personnel. In other words, rural financial personnel should have professional ability and higher comprehensive quality. Before starting to work, most rural financial personnel did not receive extensive professional skills training, leading to their lack of professional knowledge, and varied financial ability, and there may be the problem of information asymmetry between management personnel and financial personnel. Such problem will result in backward development of rural financial informationization and exert a certain influence on informationization of rural financial management.

3.3ServiceoffinancialinformationproviderlagsbehindIn recent years, numerous farmers flow to cities to do migrant work, resulting in hollow rural areas and scattered rural residents. Besides, it also makes the software company’s traffic and personnel costs are too high. As a result, they do not want to spend a lot of time and energy to carry out and maintain rural business. In addition, the majority of the financial software is purchased by agency companies, the financial personnel are not familiar with the software, leading to decline in financial software maintenance capabilities. What’s worse, after-sales service and operational training of agency companies have a lot of problems, which will result in drop of financial information security.

3.4ComputerizedaccountingisnotreallypopularizedThe development history of rural accounting computerization is not long and the development is relatively slow. Thus, the financial accounting of rural areas mainly adopts manual accounting. Some villages have bought computerized software for financial management, but the software is not put into use. As a result, it fails to reach the objective of popularizing the accounting software.

4 Recommendations for developing rural financial management informationization

Through the analysis on existing problems in rural financial management informationization, to build suitable rural financial management system for China, we come up with following recommendations.

4.1ImprovingsoftwareforfinancialinformationizationFinancial software for rural areas is generally combined with local characteristics, practical, low cost, simple to maintain, but it can merely do some routine accounting. In this situation, the government should strengthen management, enhance the awareness of improvement. At present, rural financial software can barely solve some common financial problems. In the event of complex problems, they fail to solve. Therefore, the government and rural leaders should increase the investment on the basis of characteristics of local villages, and constantly improve the rural financial information software. If conditions permit, it is preferred to introduce domestic and foreign advanced technologies, and arrange software developers with successful experience to provide guarantee for development of rural financial informationization.

4.2ImprovingthequalityofruralfinancialpersonnelWith the continuous development of rural economy, it sets forth higher requirements for the quality of rural financial personnel. To improve the overall quality of financial personnel, it is recommended to firstly improve the quality of village leaders and set good example for financial personnel. For rural financial personnel, they should carry out self-assessment at least every six months to discover their own shortcomings, and they should receive re-education, continue to widen their knowledge. Besides, they should also receive large-scale training, and it is recommended to invite some senior corporate financial personnel to open relevant forum.

4.3StrengtheninggovernmentsupportforruralfinancialmanagementinformationizationIn view of backward provider service of financial informationization, government department should strengthen macro control of financial information and further reinforce leadership and supervision of providers of financial informationization. Besides, government should provide much support for development of rural financial management informationization, provide manpower and fund support for development of rural financial management informationization, encourage rural account-ants to develop software independently, carry out re-education of rural financial personnel, and comprehensively improve overall skills of financial personnel.

4.4StrengtheningpopularizationofcomputerizedaccountingsoftwareThrough the popularization of computerized accounting software, it is possible to enable rural leaders to truly understand the development of current society, realize the science and technology have changed the situation of the world, make the financial management informationization of the village integrate with high technology, and help them to realize that the introduction of computerized accounting software can not only save a lot of manpower and resources, but also can increase the work efficiency, and reduce the losses caused by the negligence, so that rural accounting personnel can have a modern idea and technology, make contribution to better work, and fully realize their own value.

5 Conclusions

In recent years, China attaches great importance to rural development, dispatched a large number of high-quality village officials to the countryside. This greatly promotes rural development, and boosts the development of rural financial management information technology. Besides, with the constant support of government and constant development of rural areas in recent years, the rural financial management information technology will realize rapid development in future.

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