Study On Financial Control System Of Commercial Banks’ Remote Braches

As the key part of financial management of commercial banks, a effective financial control system is the foundation supporting the healthy and safe operation of commercial banks. The advancement of financial controlling power as well as controlling efficiency can help banks realize a higher resource allocation efficiency so as to meet the requirement of rapid-changing market and to promote competition capability and realize a sustainable development. Through reviewing substantial literatures related to financial management and control, combining the advanced managerial experiences of domestic and foreign commercial banks, this thesis has studied financial control system of commercial banks systematically. Using relevance of Pudong Development Bank, it is concluded that a financial controlling system with power concentrated to senior branch of commercial banks is the key point of financial managerial reform.First, substantial literatures related to controlling system of modern commercial banks have been analyzed. Through concept discussion, we reasonably set resource allocation behavior as the object of financial control and set financial manager lead by banks’actual controller as the subject of financial control, and its final goal is to realize a benefit balance among all benefit counterparts. Through analyzing a usual financial control system of domestic companies, dimensions of environment, operation and objective and their own factors are discriminated out. To be specific, environment dimension concludes managing context and organization structure, operation dimension consists of operation procedure and operation tools, and objective dimension is made of goals of strategy level and operation level.Based on the analysis of different dimensions and factors of financial control system, combining with the operation situation of domestic commercial banks, financial control status of Pudong development bank is discussed, and the necessity and rationality of constructing a power-concentrated control system have been pointed out. Furthermore, sub-system of ex-ante control, progress control and afterwards control have been set up and analyzed thoroughly. To be specific, the components of ex-ante control system are factors of accounting unit, control environment, system of institution and information. The progress control system includes employee capability, capital operation, management of budget and accounting. The afterwards control sub-system consists of financial audit and supervising. In addition Pudong development bank should build up financial management culture, performance evaluation and financial analysis system so as to guarantee a positive operation environment for commercial banks.Finally, main conclusions have been summarized, and development trend of financial control management of commercial banks’ branches is given out at the last part of this thesis.