The Research On Internal Audit Of GS Bank Financial Service Based On Risk Management

Financial service is one of the most important approaches to make profit for commercial banks,which directly influences the economic revenues.As a crucial part of the financial market,it is inevitably faced with the risks that are widely existing in financial markets.Also,it has always been closely monitored by the regulatory authorities and the auditing departments.Risk management internal audit is an important component of the internal control in commercial banks,and it is also a critical guarantee for preventing and resolving operational risks.On the other hand,it plays an increasingly important role in improving corporate governance,internal control and economic benefit.Under the current economic and international situation,commercial banks should be comprehensive risk management oriented to design internal audit mechanism.Then it can improve the effectiveness and rationality of internal auditing of financial service,prevent financial risks,and promote its further healthy development.This research focuses on the internal audit of risk management,exploring the construction of a reasonable internal audit method for GS Bank financial service.Based on the prior theories such as risk management,financial service,and internal audit,we analyze the situation of internal audit of GS Bank's financial service,and introduce the internal audit organization structure,the internal audit process,the internal audit business scope and the internal audit risk prevention measures.The weakness of GS Bank's internal audit in preventing financial management risks are proposed via questionnaire survey.Then,this research introduces the real case of internal audit of GS Bank,and the application of risk management internal audit in the risk management process of GS Bank's financial service is analyzed,revealing that the existing internal audit in operation is limited by leaders,process design,narrow risk prevention,and backward internal audit methods.Finally,this research proposes some practical suggestions focus on rationalizing the governance structure to ensure the independence of internal audit of risk management,optimizing the internal audit process of risk management,establishing a scientific internal audit platform for risk prevention and control,and strengthening the internal audit team construction of GS Bank financial service.