The Importance of The Internal Auditor

The Importance of having an Internal Auditor is illustrated by the following recent case:

"Colin Fell was given a ‘golden opportunity’ to start again after going to jail for fraud in the eighties. But after being given a job at Norpe, an international commercial refrigeration firm, he repaid them by diverting dozens of company cheques into his own bank account."

See the rest of the story here:

http://menmedia.co.uk/manchestereveningnews/news/crime/s/1425493_managing-director-jailed-for-fraud-again-after-stealing-400000-from-stockport-firm