The Study On Internal Audit Of China’s Commercial Bank In Financial Crisis

The financial crisis in2007makes so destructive impact that the large globaleconomy has been hit hard. The root of the financial crisis is the subprime mortgagecrisis, yet the subprime mortgage crisis causes a great dereliction of duty and internalauditing relationship. As a result, the auditing profession led to the internal audit ofcommercial banks to think. With the opening up of China’s accelerated pace of financialmarkets, China’s commercial banks are facing increasing competition, foreign financialconcepts, financial system, financial instruments and financial technology to China’scommercial banks increasing the impact and influence, induce also said the financialrisk factors benefits increase, the financial crisis China’s commercial banks to surviveand also faced a severe test. Therefore, a sound system of internal audit the auditingprofession has become a common objective. It also makes this research has somepractical significance. This paper is divided into five parts. The first part is theintroduction, this part of the study indicate the background and significance, the studydescribes the status quo at home and abroad, at home and abroad gave an overview ofresearch results and proposed content of the full text of articles and research methods,and innovation; second part is an overview of the internal audit of commercial banks,commercial banks in elucidating the internal audit based on the concept that the goal ofinternal audit of commercial banks and institutional change, and leads to the foreigninternal audit model to provide reference for the following studies; third part is China’scommercial banks status of internal audit, and the fourth part is the part of the full textof the key chapters. This article points out the internal audit of our business problems,and analysis of the causes of these problems; fourth part is a proof of the third part, thepart of the building through the establishment of the bank’s internal audit performanceevaluation system analysis of the case reveals China’s commercial banks’ internalperformance audit of the status quo situation specific issues. Part V is a comprehensiveinternal audit of China’s commercial banks, the problems and their causes, cf advancedforeign commercial bank’s internal audit model, put forward China’s commercial banksto improve internal audit of the appropriate countermeasures.