With the expanding enrollment of students in universities in 1990s, the number of students on campus, volumn of operating funds as well as debts incurred varied significantly. Though still a government agency, the budget management of universities has increasingly showed the features of a business enterprise. During to the disuniformity of internal control, numerous criminal cases have occured in the field of debt and funds management. Based on the currrent security situation of university accounting, this article analzies and evaluates the risks of univeristy accounting, and proposes key control measures and internal control methods under the model of risk control in the field of university accounting affaires.