Research On The Failure Of Internal Control In The Bankruptcy Of Baoshang Ban

After the global financial crisis,the world economy has resumed slowly,but there is still large downward pressure,and global high debt has increased the risk of financial markets.As a pioneer,commercial banks actively explore the methods of financial reform and innovation,and play an early and pioneer role in China’s financial reform and innovation.Commercial banks are an important part of the financial institution system,the primary transmitter of the central bank’s monetary policy,and one of the hubs of modern socio-economic operation.In recent years,the total assets of commercial banks in China have grown rapidly.By 2021,the total assets reached 2.886 trillion yuan,accounting for83.71%of the total assets of the banking financial institution.However,during the rapid development of banks,major violations of laws and regulations have frequently occurred in the banking industry,such as the violation of the Huizhou Branch of Guangfa Bank,the illegal loan case of the Chengdu branch of the SPDB,the violation of the Wuwei Post Bank Wenchang Road Sub-branch,and the people’s livelihood bank Aerospace Bridge Sub-branch false asset management cases,etc.In order to solve the above problems,commercial banks must comprehensively optimize and improve the internal control system,further improve and improve the risk assessment and evaluation system,enhance internal control capabilities,prevent and resolve financial risks,and promote the healthy development of the banking industry.This article studies the relevant theoretical knowledge such as internal control and failure,analyzes the internal control research of domestic and foreign joint-stock commercial banks,comprehensively and systematically analyzes the internal control and failure of banks at home and abroad,and based on the existing theory.Based on the bankruptcy case of the contractor bank as an analysis case,through the analysis of the financial data of the contractor bank,the performance of the internal control failure of the contractor bank has unreasonable equity structure,weak profitability,high interbank liabilities,risk assets rising,and rising assets.Customer risk is highly concentrated,and the reasons for internal control can be analyzed for the above problems.It can be concluded that the inclusive environmental control environment,the failure of the risk assessment mechanism,the lack of internal control activities,the asymmetry of information and communication,and the form of internal supervision flow in the form of form.According to the problems existing in the Baishang Bank and the actual situation of the bankruptcy incident,the inspiration of the internal control and construction of other commercial banks can be proposed to optimize the internal control environment,establish a risk assessment mechanism,improve internal control activities,strengthen information and communication,and strengthen internal supervision.Starting in the five aspects,optimize the internal control environment of the bank,provide the theoretical basis for the improvement of commercial banks in China,lay the foundation for the rapid development of small and medium-sized commercial banks in China,better serve the live economy and people’s lives in China,promote the high-quality economy of our country’s economy develop.