Study On Independent Audit System (IAS) And Risk Management Of State-owned Commercial Bank

With the development of being entrusted responsibility, the independent audit of commercial bank is happened and developed. It has been proved that independent audit can improve the reliability of financial statements and other reports in commercial bank, and can discovery the factors which may destroy bank system and people's confidence as soon as possible. Independent audit also can make internal control, accounting policy and process, operating regiment of commercial bank be checked regularly. It also can fundamentally help to improve internal management and risk management of commercial bank and enhance the supervision efficiency. Under the influence of many factors, state-owned commercial banks have accumulated heavy financial risk during the process of system reform and development. After entering the World Trade Organization, state-owned commercial banks are facing strong external adversary, at the same time, the problem of risk management and low-level supervision is becoming more obvious than before. By drawing on the successful experience of independent audit in commercial band from developed countries, the paper advances the measurements of risk management from the stance of independent audit. An independent audit system in state-owned commercial bank is set up in the end.The paper consists of six chapters. And they are as follows:Chapter one. Introductory. The purpose and essentiality of studying the problem, and abroad and home research trends on independent audit in commercial bank are introduced.Chapter two. Capital risk management and IAS in state-owned commercial bank. Under the influence of many negative factors, such as the distorted relationship between the Finance and the state-owned commercial banks, the simple source of capital, the simple structure of assets, etc., the problem of capital shortage has been very serious in state-owned commercial banks. This chapter mainly discusses the problem of capital audit in bank on the basis of the relationship of capital adequacy ratio and Basel Agreements,.Chapter three. Credit risk management and IAS in state-owned commercial bank. Credit risk is the possibility that borrower can't give back the loan to bank abiding by contracts. Because of lacing mechanisms, which canprevent financial risk efficiently, unsound and inefficient internal control of credit risk, state-owned commercial banks are facing heavy credit risk. This chapter mainly discusses the situation and causes of credit risk, and how to harness by IAS audit credit assets.Chapter four. Interest rate risk management and IAS in state-owned commercial bank. Interest risk is the risk that financial condition becomes wore for bank when interest rate fluctuates unfavorably. This chapter mainly discusses the causes, types of interest rate risk, the objects, principals of interest rate risk management from the stance of independent audit, and auditor how to participate in interest rate risk management in commercial bank.Chapter five. Financial derivative instruments risk management and IAS in state-owned commercial bank. This chapter introduces the features, types, essence of financial derivative instruments, and the internal control and audit system for them. According to international accounting convention about financial derivative exchange, through strengthening internal risk control and independent auditing financial derivative instruments from the stance of risk managements, the banks can control financial derivative instruments risk efficiently.Chapter six. Chinese independent audit system model in state-owned commercial bank. In this chapter, the paper attempts to establish Chinese independent audit system model for state-owned commercial bank on the basis of theoretical basis and institutional arrangement of independent audit, and discusses some basic questions about establishing the framework of independent audit in state-owned commercial bank, including body, objects, contents, procedures of independent audit in commercial bank. At last, the paper discusses t...