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Managing Money Transfer, or Paying Less on Paying Out

Managerial Auditing Journal

ISSN: 0268-6902

Article publication date: 1 January 1989

Abstract

It is argued that auditors should have a clear view of the opportunities that exist for automated transfer, and of the controls against fraud and error that are built in. The role of BACS, the UK banks′ automated clearing service, is compared with some of the other computerised operations in UK banking. Types of settlements management auditors should be advising their clients to make via the BACS service are also described.

Keywords

Citation

Rollason, R. (1989), "Managing Money Transfer, or Paying Less on Paying Out", Managerial Auditing Journal, Vol. 4 No. 1. https://doi.org/10.1108/EUM0000000001741

Publisher

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MCB UP Ltd

Copyright © 1989, MCB UP Limited