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A Research on Local Clearing of Bank A’s Internal Control
Author: ZhangJingXuan
Tutor: ZhangTong
School: Ningxia University
Course: Business Administration
Keywords: local clearing internal control five elements of internal controls
CLC: F832.2
Type: Master's thesis
Year: 2014
Downloads: 5
Quote: 0
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Abstract
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As a basic method of clearing forms, local clearing is involved in various business links. Inadequate internal control leads to the failure of risk prevention and control.Bank A is a performer of traditional internal control methods. For a long time, it takes on risks by preventing in advance, controlling in the matter and correcting a mistake after the event. This method is limited. This model is widely used by most of domestic commercial banks for building their internal control. With the development of business and system, internal control mechanisms should be continuously adapted to meet the needs.This thesis begins with an analysis of Bank A’s internal control, which is used to prevent the local clearing’s risks. This study is based on "Basic specifications of internal control". It will improve the internal controls related to the business from the internal environment, risk analysis, control activities, communication and internal control evaluation.In this thesis, Main research methods include case analysis and descriptive analysis.From the springboard of local clearing, this thesis searches for a full range of internal control mechanisms to banking business. It is an attempt at Using "COSO internal control framework" in improving the internal control system of the specific banking business. It could have positive referential significance for covering other risks.
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CLC: > Economic > Fiscal, monetary > Finance, banking > China's financial,banking > Banking system and business
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