Assessing and Mitigating Fraud Risk

Vittitoe, Sheryl
October 2008
Banking New York;Fall2008 Banking Solutions, p28
Trade Publication
The article discusses factors that financial institutions should consider in managing fraud risk. According to the article, the attitude of executive management is critical to mitigating fraud risk. The responsibilities of individuals in the accounting, senior/executive management and finance areas that are cited as reasons for perpertrating a fraud include opportunities, pressure to perform and rationalization of actions.


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