Study On Chinese Housing Provident Fund Risk Management And Internal Control

Because of the housing accumulation fund management institutionslack of healthy and effective internal control mechanism and supervisionmechanism, and make the housing accumulation fund management centereverywhere there is a certain internal risk, the internal risk not conduciveto the healthy development of the housing accumulation fund system,damaged the pay the worker’s rights and interests. Operation of housingaccumulation fund is the basic requirement of safety, and from the pointof the current actual situation, the public accumulation fund for housingconstruction internal risk prevention is a relatively weak link in themanagement, it is necessary to conduct the thorough research to theinternal risk management of housing accumulation fund, and feasiblecountermeasures are put forward, and safeguard the legitimate interests ofthe masses of pay staff.Because of the public accumulation fund for housing construction isa new system in our country, the system is still in exploring stage, thedisunity of local housing provident fund management institutions, part ofthe housing accumulation fund management center internal managementis not standard, not establish risk prevention mechanism, risk awarenessis not strong, some practitioners violate compasses operation problems,and even have squeezed occupy, divert fund phenomenon. In addition,according to statistics, the national various irregularities in the publicaccumulation fund for housing construction project and loan up to morethan70one hundred million yuan. Alleged crimes of housingaccumulation fund, time for housing accumulation fund and endowmentinsurance gold and other public security funds safety alert and worry, hada negative impact on the public accumulation fund for housingconstruction industry. Around the suspected criminal cases of housingaccumulation fund, exposed the defects of housing accumulation fund management and absence of regulation. As the housing accumulationfund collects the quantity increasing, the loan scale expands unceasingly,and its associated risks and potential risks also increase subsequently.Accumulation fund of housing accumulation fund utilization rate is nothigh, the country’s one hundred billion yuan deposit in the bank, tobenefit the people. The credit crisis caused by us subprime mortgagesmade from around the world to the housing loan risk recognition andassessment. Around in the development of the public accumulation fundfor housing construction, housing accumulation fund management anduse have some risk, both from the management center the risk caused byexternal uncontrollable factors, such as the market interest rate changes,the macroscopic economic environment change, natural disasters, etc., arederived from the housing accumulation fund management center internalrisk caused by controllable factors, such as personnel risk, operation risk,loan management risk, financial risk, etc.The study of the public accumulation fund for housing constructionin our country internal control fundamentally, from the source tostrengthen the management of housing accumulation fund, guard againstall kinds of illegal phenomenon of housing accumulation fund, ensure thesafety of fund, improve the management level. Housing accumulationfund management is the most important is security. However, the realitytells us that the safety of the housing accumulation fund constantly underthreat. Internal control and risk management of housing accumulationfund the defense did not play its role should play. Therefore, it isnecessary to analyze the internal control and risk management of housingaccumulation fund.This article mainly embarks from the risk analysis of the causes ofhousing accumulation fund, from the Angle of management and use ofrisk analysis in the operation of housing accumulation fund system is aseries of potential risks. Such as financing risk, management risk, loanrisk, and so on. Against these risks, the main shall start from the reformand improve the internal management mechanism, improve the personalhousing loan of housing accumulation fund policy and way, lessgovernment intervention, as soon as possible to establish personal credit system, strict management, improve the personal housing collateral forthe loan of housing accumulation fund policy laws and regulations, buildrisk resolution mechanism for risk management scheme design.