Research On Financial Risk Management Of Branch A Based On Internal Audit Perspective

Financial risk is a key risk for commercial banks to face many risks.How can commercial banks effectively defend and control risks,enhance their own profitability,and ensure the stability of their business operations? Its financial risk management can not be ignored.Commercial banks are constantly exploring how to effectively strengthen financial risk management,so that financial risk management can play an important role in the entire operation process and various links,so that the bank's tasks and goals can be achieved.The realization of these tasks and objectives depends on the internal audit of the enterprise.The internal audit of various industries and different fields shows its unique audit content.The purpose is to help the management personnel of the department and unit achieve the most effective management.Now commercial banks have gradually realized the role of internal audit in bank risk management from the former pure pursuit of profit and market share,and the scope of work has gradually penetrated into various areas of enterprise management from financial information quality assessment.Internal audit and external audit complement each other,good internal audit system,can provide reference for external audit,improve the quality and efficiency of external audit.As the foundation of national audit,internal audit is incorporated into the auditing supervision system and plays an important role in enterprises.Moreover,the internal audit personnel's audit content no longer only expresses the audit opinion about the bank's account information legally and fairly,but pays more attention to whether the bank's internal control system is perfect and reliable.Internal auditors 'work tasks also go from simply identifying problems to providing audit recommendations for rectification,and risk audits to management audits.Enterprise management can not be separated from internal audit.Overhauling the problems found in internal audit can make the enterprise management maximize its effectiveness,so that the operating efficiency of the enterprise is greatly enhanced,and every employee can exert its advantages to thebest of his ability.Let its financial clarity,reasonable organizational structure,clear goals,correct investment and financing,provide customers with the best product quality and service quality,establish a good corporate image,and make some contributions to the society.At present,the research on financial risk management mainly focuses on the entire banking industry or a commercial bank at home and abroad.Little attention is paid to the financial risk situation at the grassroots level.The level of financial risk management in commercial banks is mostly at a low level.Therefore,on the one hand,it is necessary to continuously innovate and develop its own business.On the other hand,it is also necessary to establish an internal audit system that matches its development.It is necessary to use the latest audit methods to carry out internal audit on financial risks,effectively control risks and improve the management level.Therefore,this paper starts from the financial risk management problems of the internal audit of commercial banks,and uses the literature method,case analysis method and field investigation methods to start from the perspective of internal audit,hoping to improve the management level of the A branch through risk audit case analysis to reduce its business risk.This paper first introduces the theory and literature review of financial risk and internal audit of commercial banks,and expounds the role of internal audit in financial risk management of commercial banks.Then,using the A branch as a case study object,through the problems found in the risk audit of the A branch,and using these issues as a starting point to analyze the reasons for the financial risk management of the A branch,it is found that the A branch has weak financial risk management awareness and capacity.It points out the problems of financial risk and the considerations needed at the management level,including the risks brought about by the imperfect internal control system,the risks brought about by the imperfect acquisition of financial information of the enterprise,and the risks caused by excessive emphasis on operating efficiency.It is necessary to improve the internal financial risk management capability of Bank A by strengthening the establishment of a sound risk management system,establishing effective control and supervision mechanisms,raising the awareness of financial risks,and establishing aprofessional and high-level bank internal audit team.Finally,internal auditors,as important participants in enterprise risk control,are qualified and responsible to optimize their management systems,analyze the ability and effectiveness of commercial banks in risk management through internal audit,and identify and report significant risks.Make suggestions and measures for the improvement of branch A and supervise the implementation of its financial risk control measures.