Research On The Internal Control Of Minsheng Bank

China Minsheng Bank,headquartered in Beijing,is a nationwide joint-stock commercial bank which is owned by private capital.It is also an important part of the financial system in China.China Minsheng Bank listed and traded on the Shanghai stock exchange in 2000.In2013,it became the top 500 in the world,and its development speed was much faster than most commercial banks.With the promotion of operating profit,Minsheng Bank has been disappointed in the performance of internal control in recent years.Every year,there are the name of Minsheng Bank in the list of penalties mentioned by China Banking Regulatory Commission,and the amount of punishment and the number of punished institutions are increasing year by year.In these cases,especially the 3 billion “false financial management”case of the Beijing Aerospace Bridge Branch of Minsheng Bank,which occurred on April 18,2017,was shocked by the world.and was punished by 27 million 500 thousand.This can show that China Minsheng Bank still has many unstable conditions in the course of its business development,and the risks brought by these conditions will have a certain impact on China Minsheng Bank's operating system and even the entire financial industry and market economy business order.This paper,taking the China Minsheng Bank as the research object,first discusses the internal and external control theory at home and abroad,and then combines the financial data analysis of the Minsheng Bank and the existing organizational management framework,and points out the existing problems of the internal control system implemented by the Chinese Minsheng Bank.Under this premise,according to the order of "case presentation,analysis of reasons and solving problems",the beginning and end of the 3 billion "fake financial management" case of Minsheng Bank is reproduced,and then the cause of the case is discussed.Finally,combined with the five elements of internal control,the policy guidance for improving the internal control system of the Chinese Minsheng Bank is put forward.Measures are(1)to create high quality internal control environment and to strengthenpersonnel management;(2)to update risk assessment construction system,to innovate evaluation means;(3)to optimize internal control activities,to improve control quality;(4)to improve information transmission and communication system,to strengthen effective communication;(5)to improve internal control supervision mechanism,to reduce Low risk factor.