Construction And Implementation Of Commercial Bank’s Internal Control Based On The COSO Framework

In recent years, with the economy down, the commercial banks operating efficiency dips, surges bad bank seeking to develop in the face of adversity. The pursuit of efficiency is no longer the only goal of the commercial banks, but more shift attention to the internal control up, from the commercial bank, improving efficiency, control risk, reduce the defect rate. China’s commercial banks internal control system is not yet mature, not yet formed a set of internal control system suited to their own characteristics, which needs to draw foreign internal control system, and the international COSO framework as a more mature internal control system in the United States, Germany and other countries in the financial sector have deep application will build for China’s commercial banks internal control system help.This paper summarizes the COSO framework for internal control management related theories basis of the results and our internal characteristics and contents, to Z of commercial banks as the research object, using COSO five elements of internal control status Z commercial banks carried out a detailed analysis, presented its in the internal environment, risk assessment, internal control activities, information and communication, and internal oversight problems and learn from foreign internal control system, internal control system Z proposed commercial banks to implement the measures.Through this study, we can see Z on the internal control of commercial banks is not deep, just a simple developed several papers on internal control, guidelines, internal control system with reference to the internal control system is designed. Commercial banks, as financial institutions and business is different, so build on the internal control system can not be generalized, commercial banks must reflect its own characteristics. COSO framework as a more mature international internal control framework for the establishment of China’s commercial banks internal control system has a guide and universality. In this framework, from the internalenvironment, risk assessment, internal control activities,information and communication Internal Oversight five commercial banks in accordance with its own characteristics Z a detailed internal control system construction and implementation of the measures, such as improving credit risk indicators, strengthen rotation management,promoting process bank building, the development of the core operating system upgrade.