He always had sufficient reserves to be able to react to unforeseen events. His audit reports were concise and clear. On the cover page there was a table that showed at a glance whether there was a problem or not. The implementation of the planned corrective measures was meticulously monitored by the auditors and the audit committee of the board of directors. to laugh about. Designed in this way, the audit had a strong preventive effect. Which is not to say that nothing ever thailand rcs data happened. One time an accountant diverted a significant amount of money and fled to Brazil. (He returned shortly afterwards, remorseful, and turned himself in to the authorities.)
The expert reports on the post bus affair show that the post office had a competent internal audit. It was just not independent. The audit report on the questionable booking transactions was submitted to an internal consultation, after which critical comments were eliminated. The audit was not comfortable with this. It therefore created a separate memo on the problem, which it sent to the post office's top managers. It remains a mystery why this resulted in collective amnesia among all those responsible.
The lesson is clear. No new control measures are needed. The board of directors and management simply need to be aware that an effective and independent internal audit is their life insurance.