-Who's in charge of internal control --> management (SOX) -Management has to sign off to show internal control is working -Everything over $10,000 needs a signature (stamps) ACFE (association of certified fraud examiners --> results from misconduct of employees, managers, and executives) definition of occupational fraud - "use of one's occupation for personal enrichment through the deliberate misuse or misapplication of the employing org's resources or assets." Fraud - A generic term
Words: 3246 - Pages: 13
•Limitations of the report 1.1. BRAC Bank Limited– An Overview of the Organization BRAC Bank Limited is a fully service oriented commercial bank. It has both local and International Institutional shareholder. BRAC Bank has been motivated to provide “best-in-the-class” services to its different variety of customers spread across the country under a non-line banking dais. At present, BRAC Bank is one of the fastest growing banks in the country. In order to support the planned
Words: 6020 - Pages: 25
so shocking.. ..If black money deposits was an Olympics event.. India would have won a gold medal hands down. The second best Russia has 4 times lesser deposit. U.S. is not even there in the counting in top five! India has more money in Swiss banks than all the other countries combined! Recently, due to international pressure, the Swiss government agreed to disclose the names of the account holders only if the respective governments formally asked for it.. Indian government is not asking
Words: 11582 - Pages: 47
creative financial solutions, a process that starts and ends with our workforce. Attracting, training, and retaining the best and the brightest employees is not only a business concern for BPI but a key to our sustainable success. To this end, the Bank focuses on creating a work environment which induces a wide variety of people to work enthusiastically. Fostering equal opportunities We continue to ensure that men and women have equal opportunities to work and advance their careers in BPI
Words: 3877 - Pages: 16
like so many others in life that have had to downsize their income ended up working two jobs just to keep his home. They refer to this as “Underemployed”, in 2008, over 35% of college graduates were underemployed, by June of 2013 the Federal Reserve Bank of New York reported that 44 % of graduates were underemployed (Bowyer,
Words: 1549 - Pages: 7
banking sectors particularly in portfolio investment. Financial market has turned into a buyer's market. Banks are also changing with time and trying to become one-stop financial super market. As a student of BBA Honors for the requirement of the report preparation, I was assigned to the BRAC Bank Ltd. for my practical orientation. The information regarding this report has been collected from BRAC Bank Ltd. believe the report will provide me necessary knowledge to work in the banking sector and help me
Words: 5286 - Pages: 22
Federal Government 01JUN2014 Practical politics are as old as the beginning of time. 1) Practical politics are about trying to make people do what they want to do. a. George Washington Plunckit senator of Tammany Hall, named after a chief Indian. He believed in honest graft” and meant that he would be able to take a little bit of the wealth from the people. b. Kick back scheme is about giving out contracts and then they give money of the government money back
Words: 4651 - Pages: 19
objective of catching up with the West became the dominant influence on economic policy. The extent of pollution and ecological collapse in Russia is due to decades of ill-considered military and industrial development undertaken in virtual secrecy and with scant concern for the environmental and health consequences. In the Soviet Union, environmental officials were always kept subservient to the agencies that ran the military, utilities, mines, chemical industries
Words: 2349 - Pages: 10
Introductions BACKGROUND OF THE STUDY Capital market is absolutely a vital consider for the proper functioning of capitalistic economy, since they serve the channel funds from savers to borrowers. The securities market allows sound listed companies to raise additional capital quickly and cheaply, as they enjoy reputation. A vibrant and liquid securities market encourages increase in savings by offering attractive and rewarding securities in terms of higher return, lower risk and easy option for
Words: 6931 - Pages: 28
Financing of SMEs by Banks Onkar Chand Rana, Asst. Professor, Sri Sai University, Palampur, H.P. Professor K. Ravi Sankar, IGNOU, New Delhi Abstract Scope and Strategies in Financing of Small and Medium Enterprises by Banks- a case study of State Bank of India at Pathankot, was conducted with a view to examine the problems of SMEs of Pathankot area, examine the scope of further financing SMEs by Banks in Pathankot area and devise requisite strategies for financing of SMEs by Banks in Pathankot area
Words: 8074 - Pages: 33
