how inside trading against internal control?

Tao

New member
lets say De Silva knows the Macquarie Fund he is managing is about to purchase a large sum of Company W. So before the fund actually make the transaction on market, De Silva goes out, and buys company W himself. So in the event that the Fund will come to buy company W for its portfolio, it will push the price of Copmany W up, when De Silva will decide to sell his private portion of the W shares.
Wanna talke about accounting issue and don no what to write in internal control.
how inside trading against internal control?
 
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