Questions:
1) Do some research on COSO's Internal Control-Integrated Framework. Focusing on "Effectiveness and Efficiency of operations," discuss how a bank manager could design a system of internal controls to mitigate risk of theft at his/her branch.
2) How do internal controls impact the "perception of detection"?
3) What is the most essential ¬element of an adequate employee fraud reporting program? Why?
4) What basic procedures should an organization follow in order to fulfill its due ¬diligence