Bloody hell. Still, that's a lot to miss. The accounting department and internal audit controls absolutely failed. They should also have external auditors audit

Bloody hell. Still, that's a lot to miss. The accounting department and internal audit controls absolutely failed. They should also have external auditors audit through transactions every couple of years to flag unusual activity for expanded auditing. Furthermore, it seems like if banks can do reasonable fraud detection then accounting software should include an ability to detect patterns of suspicious transactions for additional scrutiny. The accounting department and her supervisor also share culpability.