Study On Internal Control Diagnosis Of P Bank

With the rapid development of China's market economy and the gradual deepening of the reform and opening-up policy,China's commercial Banks' asset scale and profitability have made great progress in the past 40 years.Finance has become a vital portion of China's national economic system.But in recent years,the economic development speed remains an unceasing declination,the complexity of financial system has been elevated apparently,commercial bank financial risk cases occurred frequently against the background of increasingly frequent financial innovation activities which has exposed the fact that there have been serious defects in internal control.In a gesture to further the exploration problem on how to improve the effectiveness of internal control of commercial Banks,this paper refers and combs the domestic and foreign theoretical research progress on the internal control of enterprises,especially the internal control of commercial Banks and mainly summarizes the internal control framework issued by the COSO committee of the United States and the main contents of the "guidelines on internal control of commercial Banks" issued by China banking regulatory commission which was regarded as the research basis,reviewing the construction of internal control system of P bank.I have made a summary on general situation of P bank and its internal control system construction through investigations and researches and mainly introduce and analyze the current internal control objectives,organizational structure,responsibilities,measures,guarantees,evaluation,supervision of P bank and other aspects,pointing out the prominent problems of P bank's enterprise governance structure,internal control management mode of branches,performance appraisal system,personnel control mechanism,compliance culture construction and so on.Analyzing the reasons from the formulation of strategic objectives,the establishment of organizational system,the independence characteristic of internal audit department,the construction of risk management system and the operational complexity of bank institutions five aspects,and further carry out the proposal that P bank should focus its attention on enhancing the construction of internal control organization,elevating the compliance awareness of all staff's internal control,strengthening and perfecting the risk identification and evaluation system,promoting the execution competence of internal control system,polishing the accountability mechanism within the bank,unblocking information communication channels and intensifying the assessment and supervision.I have concluded seven policy suggestions on the future internal control system construction with the hope of providing reference for P bank's reconstruction of the efficient internal control system so as to promote the constant improvement of the operation and management level of P bank by intensifying internal control.