Re: One of the simplest checks of all
Yeah, that's what should happen in the FMIS. But first, you're talking about reporting, not accounting, which although it uses some of the same data, doesn't do the checks that accounting does. You might have the reporting function do double entry checking, but why would you when the FMIS does that.
Secondly, you're talking about a bank that implemented a new coding system and didn't bother checking if it worked properly. For 15 years. That kind of precludes them from even thinking about doing a redundant check on the reporting data, let alone being able to implement it without sinking 30% of the world's cargo ships at the same time.
Biting the hand that feeds IT
