Audit Method Research On Commercial Bank Liquidity Risk

At the end of2013June, Chinese banking come to different degree of liquiditytension. The so-called "money shortage has received extensive attention from allwalks of life. In June20th, the bank overnight interbank interest rate even reached ahitherto unknown13.44%.Liquidity risk refers to the risk that the commercial bankscannot access to adequate and timely funding at reasonable cost, to pay the due debt,perform other payment obligations and meet the normal business of the fund demand.In many risks in commercial banks, the liquidity risk is especially strong uncertainty,failure characteristics of high impact, so liquidity is also known as the lifeblood of thebank. Internal audit is an important part of the commercial bank,the internal watch-dog role plays in the daily operation of the commercial bank internal control,whichrelates to the bank risk prevention and stable operation. All the time since, the internalaudit due to various constraints, the focus of audit work is major at commercial bankcompliance risk audit and audit operation risk. The liquidity risk of audit just stays onthe management strategy, the management of liquidity risk and liquidity risk man-agement policies and procedures of the adequacy and effectiveness independentevaluation stage, and the identification, for liquidity risk measurement, monitoringand response less involved. Stress testing is a forward-looking, quantitative analysismethod for analysis of tail risk. Because the liquidity risk has the characteristics of"sudden, infectious high and low frequency high loss", therefore the use of stresstesting tools are often higher than the daily risk analysis duration of operation condi-tion is more effective. The internal audit department of a commercial bank by liquidi-ty risk stress tests, to find the potential risks and weak links, as the starting point ofthe audit work, which prompted banks to implement targeted long-term contingencyfunding plan, so as to achieve liquidity risk of commercial banks, to ensure thehealthy, safe and sustainable business objective.In this paper, from the characteristics and the causes of liquidity risk based onthe "measures of liquidity risk management of commercial banks(for Trial Imple-mentation)" the introduction of the background, setting four different degrees of stressscenarios, and selects eight indexes, in four different scenarios for the eight indicatorswere tested and analyzed, for the quantitative evaluation of the liquidity risk of com-mercial bank, the internal audit of commercial banks based on the angle of view, car-ries on the analysis to the liquidity risk of commercial bank auditing situation, taking A large commercial bank A bank and A city commercial bank B bank liquidity riskstress testing as an example, the causes of back flow risk, summarizes the difficultiesand put forward relevant proposals to perfect the commercial bank liquidity risk audit,strengthen audit and maintain financial security functions, promote the developmentof the financial industry healthy and stable.