Research On Internal Control Of SN Micro-loan Company Based On Risk Management

In order to solve the financing plight faced by small and medium-sized enterprises,standardize and guide the private lending market,rationally and effectively allocate financial resources.From 2005,the experiment of new financial service mode-micro loan companies is under way rapidly around our country.The domestic micro-loan companies thrive in all kinds of good policy environment.After The Guiding Opinions On Micro Loan Companies has been promulgated in May 2008,micro loan companies enter the high-speed development period.Till 2015,the country has 8910 registered micro loan companies.As a new financial institution,however,there are still many problems which is large amount of funds,less professional management talents,lack of strict and effective internal control mechanism.Most micro loan companies operate only by the experience and intuition of management.It have to “wade across the stream by feeling the way,”and cannot be predicted potential risks.In recent years,with the global economic downturn,there are many factors such as,more and more intense market competition,difficult financing,bad debts in growing and losing of good client,which limit micro loan companies' s healthy and continuous development to a degree.From the risk management of view,this paper mainly focuses on the internal control system of micro loan companies.Firstly,this paper describes the research background,the significance of the research,andsort out the relevant domestic and foreign literature.Secondly,this paper analyzes the basic theory of internal control and risk management,and expounds the content,objectives,elements and connection between internal control and risk management.According to the thinking of "question-analysis-solution" The author selects SN micro loan companies as the case study.In terms of the current conditions and problems,some existing problems are pointed out.Finally,optimizing the internal control framework of micro loan companies in risk management.The author proposes some specific suggestion,including: improving the internal control environment,optimizing the risk assessment system,improving internal control measures,establishing information communication mechanism and strengthening internal supervision.Based on the optimization and improvement of the several internal control links,perfecting the internal control system in risk management.Be ensure that companies make the right decisions,restrain management behavior reasonably,implement effective supervision and control the risk,so as to achieve the optimal operation and the sustainable development.