All individuals who are affected are obligated to conform to the procedures established to protect the personal data of others. Guaranteeing the Integrity of Records, Internal accounting data and consumer accounts must be precise and sustained with trustworthiness and integrity. Strong Internal Controls must be provided over all Assets, all individuals affected are obligated to meet the terms of internal control measures recognized by the organization for the protection of possessions and appropriate reporting and disclosure of financial data. All persons of interest are to provide sincerity when do business with accountants, Auditors, and lawyers, officers, managers and personnel are required to reply honorably and truthfully when dealing with in-house inspectors, independent auditors, managers and lawyers (Gallagher, Callahan, & Gartrell, 2006). Evading self-dealings and special treatment or receiving of donations, financial establishments must implement procedures that contain the requirements of the Federal Bank Bribery Law, and among other things, forbid self-dealing and encounters of interest among directors, officers, employees, customers and suppliers to the financial institution. Being as though financial establishments operate in an extremely controlled atmosphere, the Board of Directors/Trustees have a duty to guarantee that bank administration and applicable personnel are mindful of all appropriate laws and principles. Agreement by the Board and executive officers with pertinent guidelines leading administration in the procedures of the financial establishment sets a crucial illustration for the behavior and performance of all personnel (Gallagher, Callahan, & Gartrell, 2006). Financial institutions are encouraged to conduct background checks to develop a risk-based method…
