Open AccessTHE CONTROL OF FRACTIONAL RESERVE LIMITS IN THE UNITED KINGDOM WITH REFERENCE TO NATIONAL & INTERNATIONAL ORGANISATIONS
Author(s) -
Thomas Draper
Publication year - 2013
Publication title -
bulletin
Language(s) - English
Resource type - Journals
eISSN - 1805-5117
pISSN - 1805-5109
DOI - 10.2478/cris-2013-0010
Subject(s) - audit , context (archaeology) , accounting , control (management) , kingdom , state (computer science) , balance (ability) , stress testing (software) , business , political science , economics , management , geography , computer science , psychology , biology , paleontology , archaeology , neuroscience , programming language , algorithm
This paper will examine the control of fractional reserve limits in the United Kingdom. It will first state the international context; second, the requirements for auditing banks in the United Kingdom; third, the teams involved in such auditing; fourth, the accounts produced for submission to a regulatory body; and fifth, the daily balance that banks provide with a discussion of stress testing. Lastly, conclusions will be drawn and recommendations made.
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