China's Rural Commercial Bank Internal Audit Study

Internal auditing, as the main part of corporate governance, plays an important role in modern enterprise management. Since China's banking generally opened to the world, in order to meet the challenge from foreign-owned banks, our commercial banks have taken active efforts in systematic innovation and institutional innovation characterized by customers-focus and market-oriented. Now that the internal auditing agencies serving as the guarantee of bank's sound operation develop rather slowly, some further reforms must be conducted. It is noted that learning from the developed countries will be helpful to the construction of our bank's internal auditing system.The paper is dividing into five parts. The first chapter introduces the foreign countries rural corporation financial development, and then introduces our rural corporate financial innovation, and the innovation of our rural commercial banks. Take Beijing rural commercial Bank as an example, introduces its transform results. The second chapter recounts the essential theories related in the article. The third chapter describes the advanced experience of internal audit executing in some developed countries. The fourth chapter points out the problems existing in the internal audit of our rural commercial banks, and proposes it is inescapable to transform. And the last chapter talks about the reengineering the internal audit of our rural commercial banks.In solution to the problem existing in the internal audit work or shortcomings, it will bring the internal audit function and the effect of the audit management into play and really transform the audit production, so it will be make a progress in the economic benefit of our rural commercial banks on the base of which the economy is stepping on the new stage and our rural commercial banks are changing to the real modern commercial bank.