Research On Risk Supervision Of Financial Derivatives With The Perspective Of Internal Control

Financial Derivatives is the key products of financial innovation.As they can manage risk effectively,financial derivatives has been chasing by many investors.In the vast development of nearly two or three decades,financial derivatives have showed their great vitality but vast destruction at the same time.From 1990,we have seen huge losses and bankruptcy cases on financial derivatives,while these disasters did not decrease the investors's passion,on the contrary,driven by the economic globalization,financial liberalization and innovation of science and technology,the derivatives market has been changed quickly,what's more,the derivatives trading have taken a more and more great part in the international finance market:In our country,with the inter-nationalization of the financial market,domestic company has shown their great need to avoid risk by financial derivatives.From he microscopic perspective,the company's operation take a great part in the great losses associated with financial derivatives.Internal control have a direct impact on risk management capabilities.We can say,an effective internal control can help companies to manage risk and decrease frauds.So the study on the internal control of financial derivatives has theoretical and practical value.So the author will study how to manage financial risk with the perspective of Internal Control.The essay firstly introduces the basic theories to provide theory basis to the essay;Secondly,it studies the reason why financial risk take place.Finally it build the internal control system of financial derivatives.