Analysis on the Status，Problems and Tactic of the
Internal Control in Chinese Commercial Banks
Major:Finance
Student: Supervisor:
Abstract: It's know that the global capital markets have been fragial and risky from the collapse of Barings Bank in 1995,the Asian financial crisis in the end of 1997,and the global financial crisis in September 2008.With international expantion,Chinese commercial banks needs to improve the abilities of preventing,discoverying and correcting the significant systemic risk and fraud risk by the help of sthengthening internal controls.Various representative Chinese commercial banks in different strength levels from both coastal and inland of China have been selected,whose control construction-related data as well as fraud cases have been investigated.Studied from two new angles of effectivity and rationality of internal controls,lots of serious loopholes have been found in many segments of Chinese commercial banks.These loopholes almost covers all the five somponents of the COSO internal control theory,as are internal control enviroment,risk assessment procedures,control activities,information systems and communication as well as the supervision and evaluation of internal control.Finally,corresponding countermeasures and suggestions have been brought in separately from the five angles of internal control,combined with the experience of foreign commercial banks and bold innovation.
Keywords: chinese commercial banks;internal control; organizational structure; authorization system;risk Control
