Research On Internal Control Of Basic People 's Bank Based On COSO Comprehensive Risk Management

Central Branch of People’s Bank as an important component of the financialsystem is with both commercial banking risk attributes and the management duty ofgovernmental public sector.This paper hope that through literature research, survey, descriptive analysis,qualitative and quantitative research methods, factor analysis, reference, inductionand other methods of empirical research on a Central Branch of People’s Bank toanalysis the problems of internal control system. Then, to build the internal controlmode on the basis of the overall management, thus making recommendations andeffective measures to improve the situation of internal control system.Through the questionnaire and empirical analysis methods, the paper found thefollowing problems:(1) insufficient attention to internal control culture.(2) Thesystem construction is not perfect, increasing interdepartmental communication andcooperation resistance, reducing efficiency.(3) Lack of internal information exchangeand communication aspects of an effective mechanism to ensure adequate flow ofinformation.(4) The lack of effective mechanisms for building risk management.(5)The effect of internal controls needs to be improved.The paper recommends theCentral Branch of People’s Bank to set up a comprehensive risk management throughthe organization of internal control system and establish a scientific risk assessmentmethods, building supervision system of internal control mechanisms, buildinginternal control self-assessment system and other ways to improve its internal controlsystem, and so that the internal control system can play a good role in promoting thedevelopment of the Central Branch of People’s Bank.