Research On Internal Audit Of Listed Commercial Banks In China

With the implementation of economic globalization, market economy in our country tends to diversified development and its scale is also gradually expanding.The increasingly complex internal and external environment makes the development of the commercial banks face huge challenges. To survive and develop in this economic environment, commercial banks must establish perfect internal audit system to improve their core competitiveness and achieve organizational benefit maximization. So how to improve the system of internal audit to give full play to the function of internal audit and improve the level of bank risk management, so as to help commercial ranks create value to achieve their goals and promote the sustained and healthy development of the banks, becomes a realistic problem urgently to be solved in our country's banking industry.This paper mainly adopts the method of combining normative research and case analysis.Firstly,this paper elaborates the meaning of internal audit and its development course,on the basis of these document literature,expounding internal auditing about increment definition,characteristics, implementation mode, characteristics of listed commercial banks in internal audit and the meaning of listed commercial banks to develop internal audit's value-added function. Secondly this paper analyses the present application of listed commercial banks' internal audit in our country.Combining with the actual case of Construction Bank of internal audit, this paper studies and discusses in detail internal audit status in Construction Bank and its advanced experience of developing internal audit's value-added function. Finally this paper proposes suggestions to other commercial banks on improving the internal audit function and giving full play to the effect of internal audit.Through the above research and analysis, this paper comes to the conclusion that the application of internal audit in commercial banks has made some achievements and status of internal audit has been improved. However, many commercial banks still haven't found the value-added function of the internal audit activity. With the increasing competition pressure during the banks, however, combining the internal audit goal with commercial bank development goals to achieve organization valueincrement is the inevitable requirements of listed commercial banks.Its also the development trend and the new stage of internal audit. Thus, other listed commercial banks need to focus on strengthening the internal auditors and even the whole staff's internal audit value idea, set up internal audit management system suitable for the development of commercial banks, strengthen the risk management of the industry,make audit team talents diversity and improve quality of the whole audit team. On the basis of the above several aspects, the internal audit of listed commercial banks will play a positive role in improving organization competitiveness and realizing the organization goal of value-added.