Most entities in Jamaica that believe in and practice the Principles of Organization and Methods, Management Information System (MIS), and Management By Objectives (MBO), are fully aware of the importance of internal controls and internal audit that are intended to ensure that effectiveness and efficiency is maintained at all levels of operations in these entities.
The massive fraud – currently approximately JMD 52 million – that has been uncovered at Jamaica teachers Association (JTA), undoubtedly points to weaknesses in internal control and internal audit in the organization.
Irrespective of the many definitions that are given in textbooks for Management, a simple definition that anyone can easily understand, is that a Manager is someone who gets work done through other people...
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