| With the continuous supply-side reform and the out break of New Crown Pneumonia,this economic state of affairs and therefore the production and operation of enterprises aren’t optimistic,and the number of non-performing loans of some enterprises is on the rise.However,China has introduced a number of finance-related policies in recent years,increased the strength of financial supervision,and placed increasing demands on banks to manage the quality of their assets,so how enterprises,banks and others can deal with these non-performing assets in a timely manner In this context,financial asset management companies have emerged.This group of companies aims to save the financial sector by acquiring,managing and disposing of assets to put more money into banks.Acquisition and restructuring is one of the most common means,which focuses on the optimal allocation and upgrading of resources through a combination of consolidation methods,so as to completely solve the problem of debt distress and bankruptcy of enterprises.Internal control,as one of the most effective and direct ways for asset management companies to prevent risks,is the key to improving operational efficiency and market competitiveness.As China’s economic growth slows,the number of non-performing assets begins to increase and the transaction structure becomes increasingly complex,the internal control of asset management companies gradually shows weak control,affecting the effectiveness of non-performing asset disposal and threatening the stability of China’s banking system and even financial market.Therefore,it is necessary to study the internal control issues of China’s non-performing asset management companies.This paper first summarises the domestic and international analysis results on monetary plus management firms,non-performing assets and control theory.Secondly,using A asset management company as the object of study,analyse the internal controls of the business and use specific examples to identify deficiencies in its controls and analyse their causes,and ultimately proposes specific improvements: strengthening the foundation of the inner management surroubdings,update the danger identification system,enhancing the effectiveness of the implementation of management activities,realise the specialisation of post-investment management and improve the internal audit mechanism. |
