Implementation of Modern Concepts of Control and Internal Audit in the Banking System

Ciurlãu Loredana, and Caruntu Alexandru
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Ciurlãu Loredana,: ,,Constantin Brancusi” University from Targu Jiu, Faculty of Economics and Business Administration, Romania

Ovidius University Annals, Economic Sciences Series, 2013, vol. XIII, issue 1, 1166-1169

Abstract: The interest in internal control and its continuous nature is the consequence of the causes which led to the recording of significant losses by some banks. Therefore, an effective internal control system is a critical component of the management of the banks, which can support the achievement of the objectives of the Bank and to achieve its profitability targets.

Keywords: financial crisis; Board of Directors; banking system; corporate governance; Basel. (search for similar items in EconPapers)
JEL-codes: G21 G32 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:1:p:1166-1169

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