I want to share a couple of techniques I used when building the audit plan and then the audit scope, and for assessing the level of risk presented by a control failure. The first is like a reverse root cause Read More …
Tag: RBI’s
Norman Marks on Governance, Risk Management, and Internal Audit
Explained | RBI’s New Fraud Risk Management Norms: Key Changes That Borrowers Need to Know
The Reserve Bank of India (RBI) has revised its master directions on fraud risk management following Supreme Court recommendations. The apex court asked banks to hear a borrower before an account is classified as fraud. What Are the RBI’s Latest Read More …