FRAUDULENT ACTIVITIES DETECTION AND PREVENTION IN FIDUCIARY ACCOUNTING
Abstract: Detecting and preventing fraudulent activities are critical functions of fiduciary accounting, ensuring the protection of clients' assets. This study aims to (1) explore the techniques used by fiduciary accountants to detect and prevent fraud, (2) evaluate the effectiveness of these techniques, and (3) identify areas for improvement in fraud prevention strategies. A survey research design was selected to gather comprehensive data from fiduciary accountants on their anti-fraud practices. The sample size, calculated using Taro Yamane’s formula, consists of 200 fiduciary accountants, ensuring a 95% confidence level and a 5% margin of error. The case study focuses on a financial services firm in Abuja, known for its robust fraud prevention measures. The reliability coefficient score for the survey was 0.91, indicating excellent reliability. Findings indicate that while current fraud detection techniques are effective, there is a need for continuous innovation to stay ahead of sophisticated fraudulent schemes. The study recommends that fiduciary accounting firms integrate advanced analytics and artificial intelligence into their fraud prevention frameworks and provide ongoing training to their staff.
ABSTRACT
The broad objective of this study is to examine the influence of Nigeria mass media on politic...
Before one delves into Rousseau’s child-ce...
ABSTRACT: This study addresses ethical issues in vocational education research, aiming to identify ethical challenges, principles, and guideli...
EXCERPT FROM THE STUDY
Academic libraries are primarily committed to providing such library resources and services as wo...
ABSTRACT
The study basically examined the relationship between social problems in schools and academic performance o...
BACKGROUND OF THE STUDY
One of the greatest issues confronting Nigerian society today is citizens'...
Abstract
This study is on factors responsible for child abuse and neglect among parent in Ika South local governme...
Background of the Study
Family planning is the process of having a specific number of children at intervals acceptable b...
ABSTRACT
The World Health Organization states that globally, many girls are denied education, refused health care and exploited both sexu...
ABSTRACT
This research work focused on the phonological interference in television newscast in Nigeria....