Research On Improvement Of Internal Audit Of Bond Underwriting Business Of GD Bank

With the gradual deepening of domestic financial reforms and the guidance of the Inter-bank Dealers Association,the bond underwriting business has achieved rapid expansion in recent years,and the market scale has gradually increased.The underwriting of non-financial debt financing instruments has gradually become the core business of the bank.However,due to the short development time and risk points of this type of business,risk events such as defaults in the bond market are frequent.Therefore,major banks need to focus on improving the risk management level of bond underwriting business,and it is particularly important to discuss the problems existing in the internal audit of bond underwriting business and analyze the reasons for its formation.This paper is supported by relevant theories,with GD Bank as the research target,combined with the internal audit case of GD Bank A bond underwriting project.According to the research,the internal audit of GD Bank's A bond underwriting project has failed to fully identify the external risk.The internal audit value has not been fully realized,the degree of cooperation between relevant departments is not high,and the internal audit information technology system is incomplete.The main reason is that the internal auditors are not familiar enough with the bond underwriting business,the system design of the internal audit of the bond underwriting business is not perfect,the inter-departmental and internal communication mechanisms are lacking,and the informatization construction of the banking system is not complete.Based on the actual situation of GD Bank bond underwriting business,this paper puts forward suggestions for improving its internal audit: improve the professional quality and professional ethics of internal auditors,establish incentive and restraint mechanism,improve the audit mechanism of GD Bank,and promote internal audit to perfect and standardize;Establish an effective communication mechanism between departments and departments;strengthen the internal audit information construction of bond business,and improve quality and efficiency.With the continuous development of China's economy and bond underwriting business,commercial banks should strengthen their awareness of prevention and control of bond underwriting business risks,improve the job status and quality of business internal audit,strengthen self-discipline,reduce risks,and achieve sound development of commercial banks.Therefore,this paper has practical reference for improving the internal audit mechanism of commercial bank bond underwriting business and improving the internal audit level of commercial banks.