Internal Control Research Of State-owned Agricultural Guarantee Company

With the deepening of China’s financial system reform,China’s state-owned agricultural guarantee industry has entered a stage of rapid development and normalization.In recent years,the establishment of agricultural guarantee companies has clearly provided policy support,and the policy guarantee positioning of agricultural credit guarantee companies is becoming more and more clear.By promoting agricultural financial reform in our country,support the development of the agricultural credit guarantee agencies,make agricultural guarantee company building the link between agricultural enterprises and Banks,the financing support to farmers and agricultural enterprises.However,while state-owned agricultural guarantee company industry has developed rapidly,but there is no effective state-owned agricultural guarantee company internal control implementation and problem is slowly emerge,perfect the internal control management can help state-owned agricultural credit guarantee company promote risk management level.The guarantee industry belongs to the high-risk industry,the particularity of agricultural guarantee,its risk is higher than other guarantee companies,and it also requires more sophisticated risk management.This paper argues that the basis of risk management is internal control,so the risk management of state-owned agricultural guarantee company is not systematic,which exposes the lack of internal control system of state-owned agricultural guarantee company.Therefore,to our country state-owned agricultural guarantee company research and exploration of the internal control management system,to improve state-owned agricultural guarantee company risk control level,guarantee the company’s operating objectives,and ensure that the agricultural loan guarantees the healthy and stable operation,etc,all have very important significance.This paper combed the research on the theory of the internal control and state-owned agricultural guarantee internal control documents,found that the present internal control related research has made great achievements,but the state-owned agricultural guarantee company internal control related research are relatively few.Then from the state guarantees the company’s internal control characteristics and present situation,has analyzed our country state-owned agricultural guarantee companies develop good policy environment,the space is large,but it also faces a bigger risk,state-owned agricultural guarantee company internal control aspects such as the definition,target,function has its particularity,especially in the internal control methods mainly include the control of capital operation,the rate of guarantee service charge control,control,national policy control counter guarantee measures,is different from the general enterprise’s internal control method,and based on the selection of the 13 provincial state-owned agricultural guarantee the company’s internal control situation of descriptive statistics,found that state-owned agricultural guarantee company internal control has a good policy environment,the unique "zheng silver bear" risk sharing mode of agricultural guarantee,and adopt a variety of internal control method to control the risk characteristics,and find the state-owned agricultural guarantee company internal control risk management does not reach the designated position,the system construction is not sound,lack of regulatory responsibilities and internal control problems such as lack of control level and the cause of the problem.Finally,based on the theory of internal control,the overall level of internal control of state-owned agricultural guarantee companies and business level of internal control two aspects to the situation of internal control of YNND agricultural guarantee company was analyzed,think YNND agricultural guarantee companies due to newer,weak internal control environment combined with industry and other reasons,the influence of YNND agricultural guarantee company internal control is the lack of outside directors and the audit committee,the lack of risk management culture,the lack of risk management system,information system construction lag behind,enterprise supervision does not reach the designated position,the chasm between the business process risk control,performance test and business related department are not linked to the risk issues.Finally based on YNND agricultural guarantee company internal control problems,put forward countermeasure Suggestions to perfect the YNND agricultural guarantee company internal control,to guarantee our country agriculture is the company’s internal control to establish and perfect for reference.Through the research,the state-owned agricultural guarantee company in China wants to develop continuously and healthily,and must perfect the internal control system.State-owned agricultural guarantee company should strengthen the internal control from the overall level of internal control and business level of internal control,organization structure management,supervision and management,information system,guarantee the business process control and risk prevention as its core.At the same time,the study of state-owned agricultural guarantee company internal control should be based on the guarantee company based on China’s agriculture,improve the system of state-owned agricultural guarantee the company’s internal control system,to ensure the effectiveness of internal control execution.Current our country agricultural guarantee company internal control system is not sound,risk management does not reach the designated position,lack of supervision and evaluation,and the lack of control levels lead to problems such as state-owned agricultural guarantee companies there is a huge risk of business.Therefore,through the research on the internal control of YNND agricultural guarantee company,this paper is conducive to promoting the improvement of the internal control system of YNND agricultural guarantee company.On the other hand,it provides some modification and improvement ideas for the internal control construction of China’s state-owned agricultural guarantee company.