Describes as Nick Leeson, Barings trader in Singapore, concealed his unauthorized trading activities, as Barings blindly finance it, and both internal and external controls were able to identify mounting losses. Defines areas of poor internal controls, inadequate computer systems, as well as violation of information flow. We also discuss the failure of internal and external audit and control system. "Hide
by Stuart Hamilton, Donald A. Marchand, Alicia Bernard Source: IMD 16 pages. Publication Date: January 1, 1995. Prod. #: IMD002-PDF-ENG
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