I want a real case for commercial bank that is failed/out of business because of haven't an internal control?

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
Internal Control Systems
Posted by:
Khawar
04-September-2013

Auditing Internal Audit Internal Controls

Question added by Abd El-Rahman Ibrahim
Date Posted: 2016/07/17

Upvote (0) Views (4) Followers (2) Answers (2) Report Question

Write an Answer
Register now or log in to answer.

2 Answers

Muhammad Javed ACA

by Muhammad Javed ACA , Chief Audit Executive , Leejam Sports Company

HSBC bank failed due to this factor?

Downvote Reply () Report

Gayasuddin Mohammed

by Gayasuddin Mohammed , Advocate , Practicing Law before High Court at Hyderabad

May be you can study Lehman Brothers Investment banks story for that . Thanks.

Downvote Reply () Report

Popular Searches

Engineering Technicians Jobs Engineers Jobs Sales Executive Jobs Accountant Jobs Software Engineer Jobs

Write Your Answer

More Questions Like This

The effectiveness of a JIT system is often facilitated by the elimination of some common forms of internal control.
Top Answer: <p>correct answer is A </p> See More

Answers (3)
What change was made to the internal controls of the companies by the SOX?
Top Answer: 1-Makes officers responsible for maintaining effective internal control and requires the principal execut ... See More

Answers (1)
Which are the major factors to consider in assessing and evaluating the Internal control system of your client's environment?
Top Answer: The main factors are: - The relationship between the customers of the company? - Delays in their payment? ... See More

Answers (4)
Who is responsible for the internal control ?
Top Answer: All workers in the company (managers and employees. The managers are responsible for defining, promoting ... See More

Answers (2)

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.