FRAUD IN FINANCIAL INSTITUTION AND THE AUDITORS LIABILITY
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This study was carried out on fraud in financial institution and the auditors liability using Access Bank, Ikeja, Lagos State as case study. To achieve this 4 research questions were formulated. The survey design was adopted and the simple random sampling techniques were employed in this study. The population size comprise of the entire Staff of Access Bank, Ikeja, Lagos State. In determining the sample size, the researcher conveniently selected 35 respondents while 30 respondents were validated. Self-constructed and validated questionnaire was used for data collection. The collected and validated questionnaires were analyzed using frequency tables and percentage. While the hypothesis were tested using Chi-square statistical too. SPSS v23. The result of the findings reveals that; the internal control system of access bank is very effective; there is a relationship between auditors and fraud detection in Nigeria financial institutions; auditors can solely prevent fraud in Nigeria banks; auditors in Nigerian Banks are very transparent and effective in detecting and preventing fraud in Nigeria financial institution. Based on the findings, the researcher recommended that the management of the commercial banks should ensure that the available corporate fraud control and prevention systems are utilized, maintained and updated for effective fraud control and prevention; viable audit committee to evaluate and oversee everyday transactions of the bank and assist the management with oversight of reporting any lapses in the internal controls process of the bank; Anti-fraud seminars should be conducted on regular basis to employees; Job rotations within the bank should be planned by auditors and other senior officers to ensure effectiveness and the rotations should not be communicated ahead of time to the involved employee and to mention but a few.
Related Project Materials
INFLUENCE OF EARLY CHILDHOOD EDUCATION ON ETHICAL BEHAVIOR
ABSTRACT: Early childhood education (ECE) plays a vital role in shaping et...
THE ROLE OF EARLY CHILDHOOD EDUCATION IN COMMUNITY PARTNERSHIPS
ABSTRACT: Early childhood education (ECE) plays a pivotal role in fosterin...
DESIGN AND IMPLEMENTATION OF AN ON-LINE VOTING SYSTEM (A CASE STUDY OF ENSIEC ENUGU)
ABSTRACT
Voting is a very important process in the Nigerian political system. It is one of the means and most effe...
AN ASSESSMENT ON THE IMPACT OF INDUSTRIALIZATION ON ECONOMIC GROWTH IN NIGERIA
ABSTRACT
The need for industrialization has become one of the problems facing Nigeria. Not with standing that industrial...
IDENTIFICATION OF TEACHING TOPIC IN SENIOR SECONDARY SCHOOL ENGLISH LANGUAGE
Background to the Study
Learning of mathematics developsgood knowledgeand understanding because of its...
THE ROLE OF SALES PROMOTION TECHNIQUES IN DRIVING SALES
THE ROLE OF SALES PROMOTION TECHNIQUES IN DRIVING SALES
This study investigates the ro...
A COMPARATIVE STUDY OF STUDENTS AND TEACHERS PERCEPTION OF STUDENTS’ PROBLEMS
Abstract
This study examined teachers’ perceptions of students’ problems which bordered on academic work, st...
AN EVALUATION OF KARL MARXS IDEA OF CAPITALISM
ABSTRACT
The history of man shows that people came together at a point in time to form society....
STUDENTS’ AND TEACHERS’ PERCEPTION OF COUNSELING NEEDS OF SECONDARY SCHOOL STUDENTS
ABSTRACT
Counselling needs are needs of a student that are required to resolve ...
THE EFFECT OF ADVERTISING ON CONSUMPTION OF FAST FOOD IN NIGERIA
ABSTRACT
The roles of advertising on the consumption of fast food cannot be over emphasized. Advertisin...
