Pembahasan Ujian PAI: A40 – No. 4 – November 2016

PEMBAHASAN

Managing the Limitations of Internal Controls[1]

While internal controls are a necessary part of insurance company operations, and while some internal controls, such as internal audits, are required by regulatory agencies, no system of internal controls is in fallible. All system  has their limitation, which may be exposed by

• employee error
• criminal acts
• poor design
• changing economic and regulatory conditions

Jawaban : a. i, ii, iii, iv

[1] Mulligan, E. and Stone, G. (1997). Accounting and financial reporting in life and health insurance companies. Atlanta, Ga.: Life Management Institute, LOMA.