Internal Control Research Of Accounting Operational Risk In T Bank

In recent years, with the development of global economy, the global tendency andeconomy integration is obvious. At the same time, the financial risk emerge everywhere.There are a lot of financial case domestic and overseas involving significant money. As themain part of financial system, the bank is the same. Talking about the reason, mostlybecause the control system and management is inadequate, for example cheat, externalmonitor, environment problem and so on. All of this is operational risk. Baselcommission add operational risk into capital monitor field, and give a definition ofoperational risk, that is, the risk is caused by faultiness and problematic internal procedure,employee, information technology system or external incident. The main form is internalcheat, external cheat, recruit employee and public place safety incident, customer, produce,and business method, asset damage, information technology system incident, execute andprocess management.Chinese banking regulatory commission also pay attention to operational riskmonitoring, when it is founded, it is propose that, they will distribute the resource base onthe risk, high risk need high density monitoring, low risk need low density monitoring.operational risk is to be pay more and more attention because the high happeningfrequency. Prevent the operational risk is on the agenda. by the practice and the deepresearch, we can see, there are not one business left which is not related with accounting.So it is undoubted that accounting is becoming the high risk field which is not easy to bemanaged and prevented. Manage and prevent accounting operational risk is related to thedevelopment of banks. It may not only cause a loss to bank about the money but also thereputation. The staff, system internal procedure may trigger the bank accounting risk, so itis the key point to improve the staff, system, internal procedure. And The first andimportant step is complete the internal regulation. Our research object of this article is Tbank ‘s accounting operational risk. In this article we make a comparison with standardchartered PIC which is more mature in internal management and find out the deficiencyinternal monitor management of operational risk in T bank, propose the suitablecountermeasure by research on western fruit and domestic bank’s situation.This article is consisting of five parts. The first part is introductory part, includingthe reason of choosing this subject, the research method,content, the innovative point. Thesecond part is comprehensive part. This part include the different definition of operationalrisk, accounting operational risk, and internal control domestic and overseas, and list therelationship between the operational risk and the internal control. and give a conclusionthat is reducing accounting risk need improved internal control system. This part is theory basis for the later part. The third part is the situation of T bank, including the organizationand business line. By the recent case, propose that the practical situation of accountingoperational risk, and analysis the deficiency reason of internal monitor management andimplementation. With the expansion of the bank, the work load will increase, the problemwill also increase. So we need to make innovation organization, regulation andmanagement to make sure the bank can develop stable. Also need to improve internalcontrol regulation to the cheat behavior of its own staff for the bank’s efficientdevelopment. The fourth part is the comparison of standard chartered PIC and T bank. Listtheir internal implementation situation and feature, and find the internal controlmanagement deficiency of T bank’s accounting operational risk. With the reference of theadvanced experience, reinforce the risk prevention ability, improve the competition ability,push T bank develop rapidly. The five part: propose the advice base on the deficiency andthe overseas bank advanced experience in many ways, such as improve mechanism system,improve competitive evaluation system, improve check and monitor system, improvetraining system and so on.