Designed to follow on from “The Barings Collapse (A)”, the case describes how Leeson concealed his unauthorised trading activities, how Barings blindly financed them and how the internal and external controls failed to identify the mounting losses. The case identifies areas of poor internal control inadequate computer systems and breakdown in information flow. The failure of internal and external audit and regulatory systems is also discussed.
Keywords
Control, Information Flow, Audit, Banking
Settings
United Kingdom
1995
Available Languages
English
Related material
Teaching note
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