Since Ming Chuan Junior Women's Commercial College was established in 1957, the Controller’s Division, formerly the Accounting Office, was set up at the same time with one Director and five staff members. In July 1990, the institution was upgraded to Ming Chuan College and the Accounting Office was renamed to Accounting Division, a first-level unit with one Executive Director and six staff members. In 1997, the institution officially became Ming Chuan University. In 2008, Accounting Division was renamed to Controller’s Division with one Controller, one Deputy Controller, and two sections: Accounting Section and Auditing Section. At present, besides Controller and Deputy Controller, there are 9 staff members in the Division to serve all colleagues in the university.
In order to achieve the university’s mission of attending to all students with parental care, support, and guidance and attain the educational goals of excellence, professionalism, and internationalization, steady financial support is critical to enable university affairs to develop according to plan. The Division upholds this goal and cooperates wholly with the university to promote internationalization and to increase teaching, research and service quality.
In carrying out the President’s commands, the Division conducts accounting affairs based on The Accounting System Integration Rules of Non-profit School Corporations and Affiliated Private Schools. On one hand, it cooperates with business operations to display financial results, and on the other, it ensures that all revenues and expenditures are legal and also attends to all parties’ rights and benefits.
In coordination with the university’s concept of one mission - three goals to achieve its five strategic objectives, the Division uses excellent service, minimized expenditures, and transparent information as its development direction to stride forward cautiously and attentively.
Excellent Service
We use the methods of improving the service quality of the staff in the department, developing new systems, establishing an integrated information platform, and strengthening the concept of fund write-offs for each unit, in order to achieve the goal of " Excellence Service".
Minimized Expenditures
We have strengthened budget management and examination to reduce unnecessary waste by any unit and implemented a financial audit system to effectively review the resources of the university, in order to achieve the goal of "Minimized Expenditures".
Transparent Information
We have a financial disclosure area, in which financial statements and current status are regularly published and updated to achieve the goal of "Transparent Information". Thus we can provide internal financial statement analysis for management to use as a reference data for university development, as well as to submit these to the competent authority and accept external audits to maintain the trust of society.
Controller’s Division is a service-oriented team, with the goals of holding fast to cordial and passionate professional attitude, providing accurate records and a clear display of financial information as an indicator for university affairs promotion and development to support sustainable development and welcoming internal and external supervision.
Internal- The university has established the Audit Office to actively and regularly audit the Division’s operations, to provide financial information to those with management responsibility on a monthly basis so as to facilitate good grasp of the university’s financial status at all times. At the end of each semester, it also provides a financial report to the Board of Directors for their supervision.
External- The Division punctually announces financial information on its website for public review of university finance and operation results. It also regularly provides financial reports to its juridical entity for supervision. In addition, certified accountants are annually invited to audit the university financial condition to demonstrate credibility in society.
According to MCU accounting system, the Division carries out financial accounting verification and supervision, and establishes a comprehensive budget review system. At the same time, it also strengthens the control and implementation of budget expenditures beforehand so that the budget use is reasonable and beneficial to fulfill the expected goals of all university affairs development plans and to ensure abundant future funding for the university.
