Research On The Internal Control System Of J Branch Of Postal Savings Bank Of China Under The Framework Of COSO

As a special kind of financial enterprise,commercial Banks not only bear the operational risks of general industrial and commercial enterprises,but also face the unique capital risks in the financial industry.How to develop stably in the rapidly changing economic environment and effective internal control have become one of the goals pursued by commercial Banks.Internal control as a core component of commercial bank management,for the construction of financial supervision system of our country,has a very important role in the prevention of commercial bank risk,effective internal control is the basis for the safe and stable operation of commercial bank,help to ensure the reliability of the commercial bank’s operational and financial management reports.Postal savings bank of China(PSBC)is a solely owned commercial bank established in accordance with the financial development of China.Since its establishment in 2007,mode of state-owned enterprises many problems in the implementation process.In terms of control activities,such as unreasonable internal organizational structure and unclear division of responsibilities.In terms of information and communication,there is no effective flow of information between branches,and there is a very serious problem of information communication hindrance between upper and lower levels.In terms of supervision,the internal audit department lacks independence and authority,and the audit method is relatively backward.Therefore,this article is based on the COSO framework,with reference to the basic theory of commercial Banks internal control,internal control is mainly studied the five elements and the relationship between them,in fully read and reference to previous research results and theoretical analysis in the internal of deficiency,puts forward the new measures to improve the current internal control activities related processes.By strengthening the internal control environment and risk assessment system construction,building a scientific system of control activities.