The Study On Internal Auditing Of The Agriculture Development Bank Of China

For a long time, agriculture is the weak link in China's economic development. Due to the current situation of agricultural development, Country has issued a series of policies to support it. Agricultural Development Bank is the only one agricultural policy bank in our country, plays an important role in supporting agriculture and rural economic development by the implementation of national policies over the years. Since 2004, with the acceleration of the rural financial system reform, Agricultural Development Bank began to reform it's operation and management system, achieved the diversification of the funding structure, launched commercial business, actively expanded intermediary business. Agricultural Development Bank has already begun the transformation from the traditional operating mode of policy banks to business model of modern banking.But compared with the inherent requirement posed by internal control and risk management, the internal auditing of Agricultural Development Bank are imperfect. On one hand,under the planned economic system, Agricultural Development Bank's business is on agriculture, and mainly performs national agricultural policy. Agricultural policy loans are appropriated by state, bad debts is written off by nation. Therefore, risk awareness and risk prevention is not enough as an important means of preventing and controlling the risk ,the internal auditing is idea behind, internal auditing institutions are not independent, internal auditing power is limited, the conversion rate of results is low, internal auditing has seriously lagged behind the development requirements of the new business model. On the other hand, Market-oriented operation mode has brought greater credit risk and management risk to the Agricultural Development Bank, raises new challenges to internal auditing. The internal audit of Agricultural Development Bank is at a new stage of reform and exploration, there are many existing vulnerabilities and new problems, the research to internal auditing Of the Agricultural Development Bank is urgent to deepen.This article consists of three parts and six chapters which are introduction, body, conclusion and follow-up study suggests.The first part is Chapter 1, introduction. This chapter introduces research background, literature review and study path, content and point of innovationThe second part is body part and the core content of the article, including Chapter 2 - Chapter 5.Chapter 2, the development trend of internal auditing of Agricultural Development Bank.Chapter 3, the challenges of internal auditing of Agricultural Development Bank .Chapter 4, the reference of advanced experience from domestic and foreign commercial banks.Chapter 5, suggestions to improve the internal auditing of Agricultural Development Bank.The third part is Chapter 6, conclusions and future research.The main innovation of this paper is to establish a proposition about internal auditing of Agricultural Development Bank. Due to the natrue and business scope , there are lack of study on Agricultural Development Bank, and the research on internal auditing of Agricultural Development Bank is more lack. This paper tentatively studies the internal auditing of Agricultural Development Bank, the choice of Topics is novel.In the context of Agricultural Development Bank of China to deepen reform, this article describes the status of internal auditing of Agricultural Development Bank , relatively completely summarizes the problems of internal auditing, and learns from the successful experience of domestic and foreign commercial banks, puts forward a series of countermeasures for improving internal auditing of Agricultural Development Bank.