Research On Internal Audit Of Banking Risk

Internal audit is a product of social and economic development,is an important part of business management,enterprise management level to enhance a powerful tool is the protection of the interests of enterprises.With the continuous development of society and economy,the traditional auditing model mainly based on audit of accounts and system-based auditing has not met the actual needs of enterprises.Under such circumstances,the China Institute of Internal Auditors released the newly revised internal audit standards,emphasizing that the internal audit business should be organized and implemented on the basis of risk assessment.In this context,all walks of life in our country are trying to establish and improve the risk-based internal audit mechanism.The financial regulatory agencies such as the China Banking Regulatory Commission and the People’s Bank of China require that comprehensive risk management be included in the scope of internal audit,and that the effectiveness and adequacy of risk management be regularly reviewed and evaluated.For banks,financial system reform,market-based interest rates,Internet finance and banking diversification will all add up to the increasingly complex risks for banks.The banking industry must adopt risk control measures to ensure the sustainable and healthy development of the business.In the report of the 19 th National Congress of the CPC,taking preventive prevention and mitigation of major risks as the primary battle to victory in building the well-to-do society in an all-round way,the financial risk is one of the most prominent major risks at present.Doing a good job in risk prevention and control of the banking industry is an important measure to maintain the stable operation of the economy.The implementation of risk-oriented internal audit will help the banking industry to enhance risk management and achieve the important goal of efficient,safe and steady development.This paper starts from the concept and theoretical basis of risk-oriented internal auditing,combines risk-oriented internal audit concepts and practices,learns from the advanced theories and successful cases of foreign risk-oriented internal auditing,and focuses on the practical application of internal auditing in China’s banking industry.Basedon the research of risk-oriented internal audit theory,the current status,existing problems,and causes of risk-oriented internal auditing in the banking industry are analyzed.The actual application of the latest risk-oriented internal auditing in the banking industry is analyzed,and the process of risk-oriented internal auditing is constructed.The framework to improve the audit procedures,in order to solve the problems existing in China’s banking internal audit,improve the level of risk management and control of banks,and provide policy recommendations to prevent financial risks.The second part introduces the related concepts and theories,including the evolution of internal audit and risk-oriented internal audit of the content,objects,Function and characteristic;the third part introduces the present situation of banking risk-oriented internal audit,including the current banking risk-oriented internal audit status quo analysis and the implementation of risk-oriented internal audit necessity analysis;the fourth part of a bank case study,Including the brief introduction of the bank and the analysis of the problems;the fifth part is the policy advice to the banking risk-oriented internal audit system construction,mainly from the ideological,institutional,personnel and system construction four aspects of their own recommendations;The six part is the conclusion is the summary of the full text.