Internal Controls Need To Be Tightened

Malakian, Anthony
April 2008
Bank Technology News;Apr2008, Vol. 21 Issue 4, p16
Trade Publication
An interview with Robert Jones, senior consultant of the Santa Fe Group, is presented. Jones believes that the rationale of the garden variety embezzler is the knowledge of what is doing is harmful to the organization. He states that balance is needed for firms to put internal controls in place. He also claims that the most effective tool for firms in training managers to implement internal control is the use of war stories.


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