The Research On The Disclosure Of Internal Control Information Of Listed Banks In China

Strengthening the quality of information disclosure is one of the basic means of supervising the listed companies used by various countries. The disclosure of internal control information has been paid great attention in accounting field in the whole world.The series of cheating scandals in the USA securities market exposure the deficient in the listed companies'internal control. So the act of SOX was passed by the Congress of USA which point out seriously that the listed companies should disclose their internal control information in 404 clauses. The aim of the act is to set up the effective system to regulate the listed companies and recover the confidence of the investors. Therefore, The American government requires listed companies to disclose their internal control information now.In China, we also face this problem, especially to the listed bank, it is meaningful to strengthen the internal control and perfect the quality of internal control information disclosure. Recently, there have been cases in the field of banking. One of important reasons is the missing of the internal control, which is the key factor to the banks'performance. Now, The Chinese Securities regulatory commission issues a series of statutes to guide the disclosure of the internal control information in banking.But the realistic situation of the disclosure is not satisfied. Because on the one hand, the regulations themselves exist several problems; on the other hand, there is no motivation for listed bank to disclose. So the current internal control information does a little help to the investors'decisions. This paper puts forward that we should construct the management reporting on internal control which is helpful to regulate the listed banks, promote the internal control management and then enhance the ability of competing in the world.The idea of this paper is as follows: The definition and meaning; Current situation explanations; Reason discussion; The suggestion. This paper contains five chapters:Chapter One: PrefaceChapter Two: The meaning of internal control information disclosure in bankingThis chapter discusses the definition of internal control and internal control information disclosure, and expounds the meaning of internal control information disclosure in banking.Chapter Three: The current situation analysis of disclosure of internal control information in the listed banks of our countryAt the beginning of this chapter, the writer introduces the regulations related to disclosure of internal control information in our securities market. Secondly, the writer does some statistical analysis on the annual report of 8 listed banks in 2006. Third, the writer points that there are some problems in the disclosure of internal control information, on the base of frontal analysis.Chapter Four: The reason why there are some problems in the disclosure of internal control informationTo analyze the reason why there are some problems in the disclosure of internal control information, the writer considers the supply and demand of internal control information, considers the regulations of the disclosure of internal control information, and considers the supervising of internal and external institution.Chapter Five: The suggestion of perfecting the disclosure of internal control information in our bankingWe list five suggestions to improve the disclosure of internal control information, including the regulations and so on.Making a general survey of this paper, the characteristics of the paper are as follows:First, the research object of paper is listed bank, and it is a new task in recent research field.Second, we have a new way to perfect the disclosure of internal control information in our banking: the bank will supply a management reporting on internal control.Third, there is little systematic research on the regulations of disclosure of internal control information in our banking. The writer makes a systematic research on it.Because of the limit of experience and research level, the paper needs further perfection. I would appreciate very much if teachers and classmates give me some suggestions. I will go on my research further in this filed.