Research Of Rural Credit Cooperatives On Internal Audit

The rural credit cooperative is a rural financial cooperative organization,which is approved to set up and organized by shareholders,with a democratic management.The cooperative mainly provide financial services for its members.As the commercial banks withdraw from the rural field,the rural credit cooperative has become the main force in rural finance and is playing an important role in supporting local economy and providing service in agriculture-county-peasants issue.The internal audit of the rural credit cooperative is an independent supervision and objective evaluation,which realizes the goals of the organization by examining and evaluating the truthfulness, legitimacy and effect of the operation and interior control of the rural credit cooperative. Meanwhile,the internal audit is the main part of the self-restraint system.In the new circumstances,it is full of theoretic and practical value to perfect the internal audit and to ensure the smooth development of the rural credit cooperative.This article discusses the internal audit of the rural credit cooperative,which is a specific Chinese field of financial audit.Combining with the present condition of the credit cooperative in Henan province, the article also analyses the rural credit cooperative on its present condition,problems and countermeasures by the research methods of analyzing on comparison and cases. The article analyses the internal audit on its basic characteristics,histories, developments and the present condition of audit system.It also discusses the advantages in the systems of capitalistic countries that we can consult.The article mainly contains six chapters.The first chapter,as an introduction, briefly describes the background,significance and basis of this topic,and raise the train of thoughts and basic methods on the basis of research of the similarities from inside and outside.Chapter 2 is mainly on the concepts of the rural credit cooperative such as its significance,characteristics,target,nature,system and members.This chapter lays a firm foundation for describing the following parts.Chapter 3 is about history and development of the internal audit of the rural credit cooperative.According to the different time stages,this chapter is divided into 4 phases to exam the internal audit system in different times.Chapter 4 is about the present condition and problems.This chapter contains procedures and methods of the internal audit,audit and judgment on internal control system and risks in routine audit.This chapter deeply analyses these problems.Chapter 5:international experiences and enlightments.This chapter compares and consults the internal audit of the rural financial organization in many countries and districts.Many countries,such as America,Britain,Germany and parts of the Asian countries,have establish comparatively perfect financial internal audits and system of risk supervision,which are great inspirations for our research.Chapter 6:Policy Suggestions on improving the management of the rural credit cooperative.On the basis of consulting international experiences and combine the actual condition of our transformation society,this chapter tries to give some appropriate policy suggestions.