Проблеми на вътрешния банков контрол в България
Problems Of Internal Banking Control In Bulgaria

Summary/Abstract: The internal control in banks follows the sequence of the processes in the banking activity, respectively the development and improvement of the products and services offered by them. Despite the use of different approaches, technical means and models for exercising control in credit institutions, a number of deviations and violations of different nature can be identified. The increase in the risk exposures of banks is an indicator for performing high-risk activities. This implies increasing and refining the activities of exercising control. In this regard, the paper outlines problems of the internal control of banks in Bulgaria, divided into several groups: 1) normative problems; 2) financial accounting problems; 3) problems related to HR management at all levels of the hierarchical structure of banks. Preventive and follow-up inspections in banking institutions increase the effectiveness of internal control and reduce the risk of errors and misuse. Regular training of employees and their proper selection minimize the risk of errors and contribute to the image of the bank and the correct work of employees.

• Details
• Contents