A Study On Internal Control Of Zhaoqing Branch Of China Construction Bank

With the development of global economy towards globalization and integration, security and development of the global financial industry poses a threat, since the complex international financial environment led to the emergence of a variety of financial risks. In the world financial system of the mainly commercial banks, if an internal control failure appears in the commercial banks, it will lead to a series of financial crisis. Bank operating result is good or bad, the social stability can also cause certain effect. Internal control system of commercial banks to improve the effectiveness has a direct relationship both in the degree of control and management level of risk.This paper first expounds on the worldwide, the commercial Banks internal control system of theory development and the related theoretical research, and then to Zhaoqing branch of China Construction Bank, the actual situation of internal control for the study, detailing the internal control status of Zhaoqing Branch and relevant examples cited by the five factors of the internal control analysis to find the presence of five aspects: First, imperfect internal control environment, mainly in the imperfection of organizational structure, the head of importance to a low level of understanding of the internal control, staff errors, system implementation, saying the lack of execution human salary incentives and internal management of rewards and penalties unreasonable; the second is the effectiveness of control activities deficiencies, in internal control points of the line rather than as a whole, the focus on internal control manner cart before the horse; the third is the bank’s risk assessment system has some loopholes, mainly in the incomplete risk assessment index selection or unrepresentative, the assessment methods are relatively backward; Fourth, information in communication channels is not smooth, and in the security of information, internal information exchanging and unclear communication channels; Fifth, the internal audit deficiencies, mainly in the lack of objectivity of internal audit, the degree of centralized management auditors, regulators and external exchanges degree is not sufficient enough, failing to timely informed of regulatory information and focus. Then make recommendations for improvement of existing problems and improve the internal control system, improve the business department, internal audit and compliance risk sector departments together "three lines of defense."...