89th Bank recently reviewed the SEC's Accounting and Auditing Enforcement Releases. The report found that 89% of cases named the CEO and/or the CFO and indicated that fraud occurred because of control environment issues resulting from tone at the top. The findings have spurred 89th Bank to review their tone at the top and controls environment. Propose a plan for 89th Bank to ensure that the tone from their executive leadership works to prevent fraudulent activity.

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The Answer of 89th Bank recently reviewed the SEC's Accounting and Auditing Enforcement Releases. The report found that 89% of cases named the CEO and/or the CFO and indicated that fraud occurred because of control environment issues resulting from tone at the top. The findings have spurred 89th Bank to review their tone at the top and controls environment. Propose a plan for 89th Bank to ensure that the tone from their executive leadership works to prevent fraudulent activity.

89th Bank Recently Reviewed the SEC's Accounting and Auditing Enforcement