Research On Accounting Operation Risk Control Of Chinese H Commercial Bank

In the current economic system,China’s commercial banks play a very important role in maintaining the national economic stability and financial security.After constantly enriching and deepening the Basel I,June 26,2004,the Basel Committee announced the "Basel New Capital Accord" in June 26,2004,which stated that operational risk should be prevented in bank activities,the same as market risk and credit risk.The operational risk is part of the denomination of the bank capital ratio.However,the banking and academic circles have partly paid high attention to controlling credit risk and market risk,while the management and research of accounting operation risk has been neglected,resulting in cases of this aspect happening more frequently.As the accounting operations are almost related to the operations of all business activities of commercial banks,accounting operations is one of a high risk section which should be controlled strictly.The power of controlling operational risk is closely related to the stable operation of the bank.Therefore,it’s necessary to conduct a deep study of the accounting operation risk and internal control of the commercial bank.This paper points out the problems which exist in the procedures of accounting operations and internal control in China’s commercial bank,based on the basic theory of accounting operation risk and internal control.Then,this paper takes the current situation of the internal control of H bank’s accounting operations as the case,and points out the problems existing in the internal control of accounting operation risk in H bank’s main business field,and makes a causal analysis about this case.Finally,this paper figures out some measures to solve the optimization of commercial bank’s internal control of accounting operation risk based on the case of H commercial bank,which has reference value to other commercial banks.The conclusions are as follows: as the frequency of accounting operation risk cases increased a lot in China’s commercial banks,the banking industry pays increasing attention to the accounting operation risk.In addition,many internal workers got involved into these cases leading to a great amount of losses,so it’s imperative to strengthen the prevention of accounting operation risk cases.China’s bank industry must work together to address this critical problem.Meanwhile,the imperfect aspects or loopholes of internal control can lead to serious accounting operation risks.The inappropriate internal control of accounting operation risk has very specific performance.However,these problems cannot be real solved according to surface phenomenon,but to dig deeper essential reasons.After analyzing the reasons which caused the accounting operation risk,these banks should take immediate measures to strengthen perfecting the internal control of accounting operation risk in order to maintain their own sound operation and good development.