Audit Research On Commercial Bank Strategy Under The Financial Disintermediation

In the global economic integration, the domestic financial disintermediation background, Chinese commercial banks are facing more severe challenges. First of all, China’s commercial banks homogeneity fierce competition, although in recent years gradually began the development of differentiation, but the major commercial banks are still in the deposit and loan spreads as the main source of profits. Secondly, the non bank financial institutions to squeeze profit space along with the development of commercial banks, other financial institutions, enterprises and investors with more financing and investment, commercial banks traditional business space is gradually narrowing. Therefore, the strategic transformation of commercial banks is the inevitable way for long-term development. Throughout Europe and the United States has experienced the process of financial disintermediation, is not difficult to find, developed with the development of differentiation and banking mixed operation characteristics. China’s banking industry is relatively developed western society started late, lessons could be learned in Europe and the United States in response to the banking industry financial disintermediation. Facing the complicated and ever-changing external environment, commercial banks should be based on its own merits of transformation of development strategy, the validity of effective strategic management not only helps to enhance the strategic decision of the commercial bank, but also can make the management of each link in the implementation of the strategy, the implementation of the strategy to provide the guarantee for. To provide insurance for the operation of commercial banks development. Strategic audit is through the strategic conception, strategy formulation, strategy implementation, strategic evaluation of the whole process, the risk of discrimination may exist, the existing risk control. Strategic audit to participate in strategic management, audit of company strategy and strategic management activities, can improve the strategy scientific and rationality, help to improve the level of corporate strategy management and implementation effect, provide strong safeguard to realize the strategic target of commercial banks, the commercial banks can respond to future changes, win the competition advantage in the fierce competition.On the basis of the research of domestic and foreign literature, this paper combines the financial disintermediation, auditing, strategic management and other related disciplines of knowledge, on the strategic audit of commercial banks related field. The article made clear the need to study the issue that the concept of financial disintermediation, define the strategic audit; financial disintermediation effect on strategic audit of commercial banks the analysis and implementation of strategic audit. Finally, the paper on the current financial disintermediation background in our country, the strategic audit of commercial banks to make recommendations and prospects.