Commercial bank internal control

Author: Song Liangrong
Publisher:
Publish Date: 2006-07-01
Features: This book provides a scientific approach and numerous effective methods for commercial banks to establish, evaluate, and improve their entire control systems. Starting from the emergence of internal controls and the characteristics of different developmental stages, the book proposes a goal-oriented framework for the internal control system of commercial banks, analyzes the constituent elements of internal controls, and employs the fundamental principles of systems theory, cybernetics, information theory, and modern financial engineering to comprehensively, systematically, and deeply discuss the techniques of internal controls in commercial banks, including risk assessment techniques, process control techniques, and comprehensive budget control techniques, among others. A targeted case study of internal controls is provided at the end of each chapter.