Risk-oriented Audit Research Of Commercial Bank Under The Interest Rate Liberalization Envirment

At present the main composition of domestic commercial Bank’s operating revenue is net interest margin, after the implementation of market-oriented interest rate, the interest rate sensitivity of assets of commercial Banks and payment will be directly face to the interest rate risk, operation and development will face "unprecedented threat. in the process of marketization of interest rate, Bank risk audit as an important institutions of bank’s risk control have new and greater challenges for implementing interest rate risk of audit, preventing and controling interest rate risk efficiently, realizing the enterprise value increment.This paper from the Angle of bank’s risk audit, based on the analysis of the current situation of the agricultural bank interest rate risk, in view of the bank’s internal audit problems that exist in the interest rate risk of audit, and put forward Suggestions and countermeasures. This paper consists of five parts:The first part is the introduction, expounds the purpose of this paper, the background, significance and research methods,according to the evolution of the development of the theoris of interest rate risk management, introduces the main research results at home and abroad, according to my own understanding Emphasis on introducing the theory and technology which The most suitable for China commercial bank. Summary this article’s innovation and the insufficiency.The second part introduces the meaning of interest rate marketization, the process of marketization of interest rate in our country, the domestic commercial bank interest rate formation mechanism, according to foreign interest rate marketization process, analysis of different stages of domestic commercial Banks may face interest rate risk.The third part introduces the influence of the market-oriented interest rate on bank’s risk audit, internal audit’s strategic position,function and development process in the bank, analysis of opportunities and challenges of interest rate marketization on bank risk audit.The fourth part analysis, on the basis of2012annual report data of the agricultural bank of China, using GSR model to analysis its current status of interest rate risk, and on this basis, reflect the problems of bank’s internal audit in implementing interest rate risk.The fifth part countermeasures and Suggestions, in view of the problems of bank’s internal audit that exist in implementing interest rate risk, from institutions and mechanisms of the audit, audit tools (RAROC), assets and liabilities management etc puts forward some countermeasures and suggestions to cope with the problems.