Research On The Internal Audit Of Public Emergency Risk In Commercial Banks

In order to prevent and control the possible risks,commercial banks take advantage of internal audit to strengthen the risk management construction and improve the ability to deal with the risks.At present,the theory and practice of internal audit in commercial banks focus on using internal audit to prevent conventional risks,ignoring various risks of financial system,especially the risk of public emergency.Therefore,the study on internal audit of public emergency risk in commercial banks is of great significance to the normal management of commercial banks’ public emergency and the risk management of commercial banks’ public event.Based on the influencing mechanism of public emergency risk,this paper puts forward the idea and theoretical framework on internal audit of public emergency risk in commercial banks.Taking the provincial branch of Bank C as an example,this paper introduces the current situation of Bank C,then analyzes its problems and reasons of internal audit.According to these discussions,this paper provides some suggestions on how to improve the internal audit of public emergency risk in commercial banks,so as to provide theoretical reference and practical guidance for commercial banks to carry out internal audit of public emergency risk in the future.The main content of this paper is as follows.First,this paper introduces the background and significance of the study.Based on the increasingly complex exterior and interior circumstances of commercial banks,this paper expounds the research background and necessity of carrying out internal audit of public emergency risk in commercial banks.Second,this paper reviews the literature on public emergency and internal audit,and introduces two rationales of this paper,which are risk management theory and 4R crisis management theory.Third,this paper analyzes the influencing mechanism of public emergency risk in commercial banks,discusses the classification,causes and management of public emergency risk in commercial banks in order to construct the theoretical framework on internal audit of public emergency risk.Fourth,the basic theoretical framework on internal audit of public emergency risk in commercial banks is constructed,and the objective,content and process of internal audit of public emergency risk in commercial banks are expounded.Fifth,this paper selects provincial branch of Bank C as the research object and takes its internal audit work as a case to explore the current situation of the internal audit work of public emergency risk.This paper discusses the difficulties in carrying out internal audit of public emergency risk in Bank C,including the lack of a sound risk-oriented audit system,the unclear position of internal audit department,inadequate use of computer assisted audit techniques,the weak strength of internal audit team.Sixth,this paper puts forward some countermeasures and suggestions to carry out the internal audit of public emergency risk in commercial banks,such as strengthening the standardization construction of the internal audit of public emergency risk,strengthening the value-added service of the internal audit department,strengthening the application of computer assisted audit techniques,and strengthening the construction of the internal audit team.It is hoped that this paper can provide some new ideas for the development of internal audit in commercial banks in the future.