Internal Auditing & Risk Management

ISSN 2065-8168 (print) | ISSN 2068-2077 (online)

THE ROLE OF THE FINANCIAL AUDIT IN PREVENTING AND COMBATING MONEY LAUNDERING

Published: 2016-01-01

Volume: No 42 - June 2016

Pages: 11|15

Authors

Abstract

The role of the financial audit in preventing and combating money laundering is to enhance the information credibility from the financial statement. Among the most important laws in defining and explaining the legal obligations on prevention of money laundering is the FATF guide on measures of risk, published in 2008. The legal framework in Romania in this field was established by the Law no.656 / 2002. In Romania, the structure of the profession representation with its obligations established by the Law 656/2002 is the Body of Accountants Expert and the Chamber of Financial Auditors.

Keywords: money laundering, financial audit and accounting

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APA: Bucharest Pages (2016). THE ROLE OF THE FINANCIAL AUDIT IN PREVENTING AND COMBATING MONEY LAUNDERING. Internal Auditing & Risk Management, Vol. 42, No. 42, pp. 11-15.

BibTeX:

@article{bucharestpages2016258,
  title = {THE ROLE OF THE FINANCIAL AUDIT IN PREVENTING AND COMBATING MONEY LAUNDERING},
  author = {Bucharest
					
					Pages},
  journal = {Internal Auditing & Risk Management},
  year = {2016},
  volume = {42},
  pages = {11----15},
  doi = {}
}

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