Signs of Financial Risk
The seeds of financial risk fraud are sown in the combination of business and financial risks facing a company and the inability of existing internal controls to cope with them. If the audit committee expects to monitor risks effectively, it must first understand them. Then by recognizing that a strong internal control system is the key to risk management, it can create the right tone at the top to foster growth of suitable controls.
Signs of Business and Financial Risk (Adobe PDF format)
