The article discusses how the government's accounting rules affect how universities manage their finances in China. By introducing new accounting standards, universities have had to adjust how they report their financial information. This change aims to improve the accuracy of financial reports and enhance financial management in higher education institutions. The new system combines various accounting rules to create more detailed and accurate financial reports, helping to better reflect the university's financial situation. This shift towards standardized accounting procedures is meant to enhance the overall quality of financial data and the budgeting process within universities.