A Research On Internal Control Of Proprietary Business For DC Securities Company

In China,securities companies play an important role in the securities market,However,many internal control problems are exposed during the process of development.As a characteristic business of securities companies,proprietary business has the feature of high-risk and high-yield.The ignorance of the significance of internal control is mainly reflected in the imperfection of proprietary business' s internal control.Therefore,in the constantly changing market,proprietary business of securities companies can neither find risk effectively nor control risk within the acceptable range.Securities companies then may suffer inestimable losses.In this paper,the typical events of DC securities companies will be quoted to make a research and an analysis of the internal control problems in Chinese securities companies' proprietary business.Firstly some relevant theories and regulations of internal control will be reviewed,and then introduces the present situation of Chinese securities companies' proprietary business.Through the comparison of different angles to explain the importance of proprietary business,to analyze the existing internal control problems.this paper will make an introduction to the companies' proprietary business,described the main characteristics of securities companies' proprietary business,and review the control failure events of proprietary business.On this basis,according to the basic norms of enterprise internal control,to analyze the DC securities company's proprietary business.A comprehensive study will be made to analyze internal controlling deficiencies of the Control environment,risk assessment and control,control activities,the Information communication and disclosure failures and so on in the process of proprietary business' operation and management.Finally,aiming to solve the problems in the internal control,some feasible suggestions in the respects of Five elements of the basic norms of internal control will be put forward for the whole system of internal control.Thus the company's internal control can play a really role in preventing and reducing the occurrence of risk accidents,so that the company can maintain a long-term healthy and stable development.