FRAUD RISK ASSESSMENT AND PREVENTION IN FIDUCIARY ACCOUNTING
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
FRAUD RISK ASSESSMENT AND PREVENTION IN FIDUCIARY ACCOUNTING
This research aims to (1) evaluate the methods used by fiduciary accountants to assess fraud risk, (2) assess the effectiveness of current fraud prevention strategies, and (3) explore challenges in implementing these strategies. A survey design was chosen to collect comprehensive data from fiduciary accountants. Using Taro Yamane's formula, a sample size of 130 accountants was calculated from a population of 210 in Lagos. A leading fiduciary accounting firm in Lagos was selected as the case study to provide specific insights. The survey instrument’s reliability coefficient score was 0.88, indicating high reliability. Findings indicate that while fiduciary accountants employ a variety of methods for fraud risk assessment and prevention, challenges such as limited resources and evolving fraud tactics persist. The study recommends the adoption of advanced fraud detection tools and continuous training to enhance the effectiveness of fraud prevention strategies in fiduciary accounting.
Related Project Materials
THE GOAL OF EFFECTIVE MANAGEMENT OF LIFE ASSURANCE IN NIGERIA INSURANCE INDUSTRY
ABSTRACT
This research report examines the goal of effective management of life assurance product in Nigeria insurance i...
AN APPRAISAL OF THE CHALLENGES OF INTERNATIONAL ACCOUNTING FOR NIGERIAN MULTINATIONAL CORPORATIONS (MNCS)
ABSTRACT: AN APPRAISAL OF THE CHALLENGES OF INTERNATIONAL ACCOUNTING FOR NIGERIAN MULTINATIONAL CORPORATIONS (MNCS)
This study appraises...
SOIL-TO-PLANT TRANSFER FACTORS OF NATURAL RADIONUCLIDES IN FOUR COMMON NIGERIAN MEDICINAL PLANTS
ABSTRACT
The use of medicinal plants to prevent or cure common diseases in Nigeria has increased over the years. These plants can be a so...
STUDENTS’ AND TEACHERS’ PERCEPTION OF COUNSELING NEEDS OF SECONDARY SCHOOL STUDENTS
ABSTRACT
Counselling needs are needs of a student that are required to resolve ...
A CRITICAL EVALUATION OF GENERAL SANI ABACHA FOREIGN POLICY (1993 – 1998)
Background of the study
Nigeria's foreign policy, like that of most other countries, has had achiev...
CRIMINAL PROFILLING AND IT’S RELEVANCE IN THE NIGERIAN CRIMINAL JUSTICE SYSTEM
BACKGROUND TO THE STUDY
“The more outré and grotesque an incident is the more carefully it...
THE IMPACT OF INTERNAL AUDIT ON FRAUD DETECTION AND PREVENTION
ABSTRACT
The purpose of this study is to examine the impact of Internal Audit on fraud detection and prevention with Pow...
EFFECTS OF CAPITAL STRUCTURE ON FINANCIAL PERFORMANCE OF FOOD AND BEVERAGE COMPANIES IN NIGERIA
1.1 Background of the study&...
STRATEGIES FOR INTEGRATING ENTREPRENEURSHIP EDUCATION INTO VOCATIONAL CURRICULA
ABSTRACT: Strategies for Integrating Entrepreneurship Education into Vocational Curricula are vital for equipping students with the skills nee...
AN EVALUATION OF THE EFFECTS OF COMPUTERISED ACCOUNTING METHOD AND CONTROL SYSTEM ON PRODUCTION
BACKGROUND OF
