1, review the adequacy of internal control:
The purpose is to determine whether the existing internal control can provide appropriate assurance.
2, evaluate the effectiveness of internal control:
The purpose is to determine whether the existing internal control can function as expected.
3. Evaluate the robustness of internal control:
The purpose is to confirm whether all control objectives have been achieved and whether all systems conform to the basic principles of internal control.
Internal control objectives:
1. Ensuring the implementation of national laws and regulations and central bank supervision rules is not only the macro goal of financial institutions, but also the specific goal to be resolutely implemented in the specific business implementation process.
2. Ensure that all kinds of risks are controlled within an appropriate range. Risk control is the specific goal of financial institutions and the core goal of internal control.
3. Ensure the full implementation and full realization of its own development strategy and business objectives, which is the direct goal of internal control.
4. It is conducive to checking mistakes and preventing malpractices, plugging loopholes, eliminating hidden dangers and ensuring the stable operation of the business. This is the microscopic goal of internal control, and it is also the goal to be achieved by various departments and posts within financial institutions in the specific operation process.
Internal control:
Internal control refers to the mutually restrictive business organization form and division of responsibilities system established by economic units and organizations in economic activities. To achieve its business objectives and protect the safety and integrity of assets.
A series of methods, procedures and measures of self-adjustment, restraint, planning, evaluation and control are adopted within the unit to ensure the correctness and reliability of accounting information, the implementation of business policies and the economy, efficiency and effectiveness of business activities. The purpose of internal control is to improve management level and economic benefits.
It arises from the need of strengthening economic management, and develops and perfects with the development of economy. The earliest control mainly focused on protecting the safety and integrity of property and the correctness and reliability of accounting information, focusing on managing money and goods, strict procedures and strengthening examination.
With the development of commodity economy and the expansion of production scale, economic activities have become increasingly complex and gradually developed into a modern internal control system.