| With the rapid development of China’s economy.The banking industry is also expanding in scale and playing an important role in the development of the national economy.However,with the rapid development of commercial banks,the risks they face also show a trend of diversification,complexity and globalization.How to improve their management efficiency and risk resistance are all urgent issues for commercial banks to pay close attention to.September 2017,COSO published the new EMR framework,stress that risk management plays an important role in perfecting corporate governance system.The integration of internal audit and risk management will increase the value of the internal audit while supervising and evaluating the enterprise risk management.This paper draws the following conclusions: The risk management audit is the most effective audit mode for commercial banks to deal with various uncertainties,but at the present stage,the risk management audit of commercial banks in our country is in the initial stage,and there are many problems: The first is that the audit content is too few,the audit method adopted is too simple,and the auditing standard is lacking;Second,the theoretical research on risk management audit is not mature enough;Third,external regulatory departments do not have institutional protection,their own management does not pay enough attention,and there is a lack of audit personnel for risk management.At the same time,the research of most scholars on the risk management audit of commercial banks still focuses on the necessity of carrying out the risk management audit of commercial banks and the orientation of the risk management audit of commercial banks.Although some scholars have explored the process design of commercial bank risk management audit,few people can use COSO(2017)framework to construct the main elements covering the internal audit and integrate into the strategy,a complete risk management audit framework for decision-making and operations,providing substantive recommendations for implementation.On this basis,this paper makes innovation in the following three aspects: First,COSOERM(2017)is first applied to commercial bank risk management audit.Second,based on the perspective of internal audit,this paper provides a specific way for the integration of internal audit and risk management.Third,in line with the background of the new normal of the economy,the framework and recommendations combine the new risks and challenges faced by the banking industry. |
