The Study Of The System Of Internal Audit Of Agricultual Bank Of China

In 1993, the new aim of financial reform was established in the Third session of the Fourteenth Central Committee of the Communist Party of China (CPC), which is to change the four state-owned specializing banks to real commercial banks. After the reform, the four state-owned commercial banks were overall pushed to the market, whose mechanisms of operation and characteristics of behavior were changed obviously. The business of thestate-owned banks were grew rapidly, in the same time new problems were found, so internal audit function in the banks was needed extremely. Agricultural bank of China also began to pay attention to study the orientation of the bank, the system of internal audit function. The reform of the system of internal audit function starting from 1997 got its effect in some area. After the summing-up of the theoretic and practice of internal audit function system of domestic and abroad, this paper specialized in study of Agricultural Bank of China, analyzed the problems of system of internal audit function existing in the bank. Using the practice of the abroad commercial banks of developed nation and shareholding commercial banks of china for reference, after analysis in theory, the paper will provide system of internal audit function adapting to Agricultural Bank of China, and measures to improve the system of internal audit function of Agricultural Bank of China.