![##common.pageHeaderLogo.altText##](https://revistas.up.ac.pa/public/journals/19/pageHeaderLogoImage_es_ES.png)
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
The present work has been developed within the framework of obtaining the title of Doctor in Business Sciences, it focuses on the effectiveness of the application of an internal control management model for the detection of fraud in banking institutions in the city of Panama, Therefore, it is vitally important to establish procedures that guarantee compliance with the rules, laws, decrees and principles regarding internal auditing. For this, we apply an instrument to gather information on the development of financial operations in some local banks and with the results obtained and discussed, we recommend, through a proposal, the implementation of a COSO III to guarantee the permanent evaluation of their work.